Handwave

1. 01 Aug 2025

   Seed

   €3.6M

   Cumulative €3.6M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Launch03 Sep 2026

  Handwave has expanded its partnership with Visa to support the rollout of palm-based biometric payment solutions in Europe.

  ▸Source: ArcticStartup

  “Handwave, a Riga-based fintech developing palm-based biometric payment and identity solutions, has expanded its partnership with Visa to support the rollout of biometric payments across Europe. Under…”

  Read at ArcticStartup

• Funding01 Aug 2025EUR 3.6M

  Handwave raised EUR 3.6M in seed, led by Practica Capital.

  ▸Source: EU-Startups

  Read at EU-Startups

• Gintas Daniusevicius

  Co-founder

• Janis Stirna

  CEO and co-founder

• Sandis Osmanis-Usmanis

  Co-founder

• Silvestras Tamutis

  Co-founder

Raised €3.6M to date · FY2025 turnover €0 · 14 employees

• Headcount 5 → 14 over FY2024→FY2025.

What does Handwave do?

Privacy-first palm-based biometric payment and identity platform - pay, verify age and collect loyalty with a palm scan using surface-line and subdermal-vein imaging. European alternative to Amazon palm payments.

When was Handwave founded?

Handwave was founded in 2021.

Where is Handwave headquartered?

Handwave is headquartered in Riga, Latvia.

How much funding has Handwave raised?

Handwave has raised €3.6M (across 1 round · last 01 Aug 2025).

What was Handwave's latest funding round?

Handwave's most recent disclosed round was a seed round of €3.6M, announced 1 August 2025.

Who has invested in Handwave?

Investors in Handwave include Practica Capital, FirstPick, Inovo.vc, Outlast Fund.

What is Handwave's revenue?

Handwave reported €0 in turnover for FY2025, per official registry filings.