Sandgrain bags additional €2M to advance its electronic bar code – a https://bits-chips.nl report
On top of an initial 1.3 million euros, DeeptechXL has granted Sandgrain 2 million euros in extended seed funding. This Eindhoven-based startup is working on an electronic bar code that it claims will revolutionize the authentication for IoT devices. Sandgrain says its commercial efforts have already resulted in significant traction at potential customers. The company will use the new funding to start widespread pilot projects with a key selection of interested parties. Design-in kits, based on fully functional Sandgrain A chips, are now available for evaluation.
