IEvo Ltd is a Newcastle upon Tyne, UK-based developer of a biometrics reader capable of scanning fingerprints at temperatures as low as -20 degrees. The company received a £150k financing from the Finance for Business North East Fund. The article states the funds were provided by North Star Ventures' Accelerator Fund, a £20m vehicle that focuses on investing between £100k and £500k (maximum £750k per year) in high-growth, innovative early-stage businesses. IEvo said the cash infusion will allow the company to manufacture the reader. The company intends to start exporting the product to the US and Europe by the end of the year.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2010