Analysis of investment in Physical Security. Ontech closes a €3M round.

15/01/2018
Diego Gutiérrez
Analysis of investment in Physical Security. Ontech closes a €3M round.

Find out about the most important investment rounds in Physical Security worldwide in 2017. We also analyse the financing round of the Sevillian company Ontech Security, which has raised €3M from private investors.

Find out about the most important investment rounds in Physical Security worldwide in 2017. We also analyse the financing round of the Sevillian company Ontech Security, which has raised €3M from private investors.

About Ontech

Founded in 2012, Ontech Security is an international technology company focused on the development and innovation of products and solutions based on its patented Controlled Magnetic Field (CMF) technology, primarily for the security sector.

With a multidisciplinary team composed mostly of researchers and engineers, Ontech's technology allows a multitude of applications in different sectors such as domestic security, industrial security or automotive, among others.

The company, based in La Rinconada (Seville), has more than 35 employees, 12 proprietary products and more than 30 patents applied for, and has won the most important awards in the security sector: ISC WEST 2016 (Las Vegas, USA), IFSEC 2016 (London, UK), ISC WEST 2017 (Las Vegas, USA), Innovación Tecnológica 2017 (Madrid, Spain).

Ontech is currently working in five business lines: Home Security, Perimeter Security, Smart Locks, Automotive and Collaborative Robotics.

 

Ontech raises €3M in funding round

Spanish startup Ontech Security, which specialises in the development of Controlled Magnetic Field (CMF) technology solutions for security, has closed a €3M funding round in which it has raised a €3M capital injection.

This investment round has been underwritten by a group of private investors.

 

 

Main investment rounds in Physical Security

 

CompanyDescriptionCountryTotal amount
Evolv Technology logoEvolv Technology applies sensors, data and machine learning software to detect and prevent a wide range of threats to people.USA$18M
OnSSI logoOnSSI has designed a complete and intelligent IP video surveillance management software.USA$16M
VidSys logoVidSys develops security information management software that enables companies to reduce their operating costs.USA$6,33M
Sunflower Labs logoSunflower Labs develops band solutions, motion sensors and high-definition video cameras for home security systems.USA$4M
Advanced Protection Systems logoAdvanced Protection Systems is a leader in affordable drone detection and tracking technology and creator of the SafeSky system.Poland$0,5M

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