NGRAVE builds a three-tier security suite that combines a touch-screen hardware wallet for creating and carrying crypto offline, stainless-steel encryption storage, and a blockchain-management smartphone app. Its touchscreen wallet lets users create and back up keys without ever switching on a computer and offers on-screen shortcuts for tokens including Bitcoin, Ethereum and Decentraland. The device operates without web access (no WiFi, Bluetooth or NFC), which NGRAVE says prevents remote cyberattacks, and the product is certified to the EAL7 security benchmark. Co-founding CEO Ruben Merre said the team redesigned key generation to address security gaps in conventional mnemonic wallets. NGRAVE’s stated mission is to make crypto safer and to empower people to safeguard their wealth. The company plans to work with Binance Labs to further enhance user security and reduce barriers to crypto adoption. The article does not disclose revenue, users, or other operating metrics. NGRAVE, founded in 2018, builds user-friendly hardware and security solutions for blockchain and crypto storage, led by co-founders Edouard Vanham, Ruben Merre, and Xavier Hendrickx. Its flagship product, the NGRAVE ZERO, is marketed as the world’s only financial product with EAL7 certification. The company emphasizes both security and user experience and has sold its wallet across 90 countries, indicating broad international demand. In 2020 NGRAVE ran a record pre-order campaign on Indiegogo and Kickstarter that raised $450,000 from 1,225 backers. The recent seed raise is intended to fund team expansion and to increase the company’s global reach. NGRAVE has stated plans to pursue additional funding in 2022 to support its growth.

Total raised

$6M

Funding rounds

2

Latest round

Seed

Latest activity

Jan 2022