siOPTICA develops switchable on-demand privacy shields for a range of devices, enabling screen privacy to be switched on or off with a single keystroke. Its technology has been applied to automotive passenger displays, laptops, tablets, mobile phones and payment terminals. The company was founded in 2013 and is based in Germany. siOPTICA has raised €2 million from current investors to ramp up production of its privacy shields. The funding will fuel high-volume manufacturing of existing products and allow the team to devote more development time to laptop and tablet computing projects. The company will also research new privacy technologies to integrate with upcoming displays. siOPTICA GmbH develops integrated switchable privacy filters for screens, targeting automotive, ATMs/payment terminals and mobile devices (especially laptops). Its built-in filters improve PIN-entry security at ATMs and payment terminals and enable vehicle displays to show passenger entertainment while keeping driver-visible navigation or non-distracting information. siOPTICA's technology avoids the severe light loss and increased power consumption of conventional external privacy films and supports multiple operating modes. With the fresh capital the company plans to extend its product range, expand its IP portfolio, adapt existing solutions to new customer needs and develop next-generation privacy technologies. The company also intends to expand its global distribution network to strengthen its market position. siOPTICA was founded in Jena in 2013. siOPTICA, founded in 2013 by Dr. Markus Klippstein and based in Jena, Germany, develops switchable privacy filters for secure PIN entry on ATMs and payment terminals. Its privacy solution enables secure PIN entry while reducing skimming and fraud on these devices. The company's products are mainly used in ATMs and other payment terminals. It raised an undisclosed investment from Constantia New Business, which became the main shareholder alongside bm|t, while seed investor High‑Tech‑Gründerfonds II sold its shares profitably. siOPTICA intends to use the funds to extend its product portfolio of switchable privacy filters and to move its products into new markets. No revenue or user metrics were disclosed in the article. siOPTICA offers proprietary secretive filter technologies designed to screen data from unauthorized views, primarily for payment terminals and ATMs. The company positions its filter generation for use across Banking, Retail and payment-terminal environments as well as logistics and secure-access applications. On the midterm it intends to address the consumer market for PIN/TAN/password entry on mobile devices. siOPTICA also plans to develop special optics for the automotive sector. The company raised an undisclosed funding round from High‑Tech Gründerfonds and will use the proceeds to launch its business. No revenue or user metrics were disclosed in the article.

Total raised

$7M

Funding rounds

4

Latest round

Equity

Latest activity

Dec 2020