Authenteq raised $1.3M from Cavalry Ventures, Draper & Associates and Initial Capital

Authenteq raised $1.3M from Cavalry Ventures, Draper & Associates and Initial Capital

authenteq
18-Dec-2017 by Diana Florescu

Authenteq, founded in 2015 by Kari Thor Runarsson, Adam H. Martin and Runar Karlsson, is working on distributing a blockchain based digital biometric ID to all internet users.

The company had started initially by developing an app that took photos that couldn’t be altered and later pivoted after being part of Startup Reykjavik, deciding to build on the tamperproof core they had created. The company participated in the accelerator Startupbootcamp after Startup Reykjavik.

Diana Florescu

Global Marketing & Social Media Specialist at Startupbootcamp