Evolv raises $18 million for body scanners that don’t cause long lines at security

Funding Rounds

Summary

Investors in Evolv’s new round of funding included General Catalyst, Lux Capital, Gates Ventures and Data Collective. Its Evolv Edge system includes a security gate about five feet tall, which can conduct rapid body scans of people who pass through without requiring them to stop or slow down. The startup’s proprietary, millimeter wave imaging sensor enables the system to detect “anomalies” on a person, like a bomb or firearms that they may be trying to carry into a venue. Evolv’s systems also work in conjunction with cameras and facial recognition software to identify people entering a venue and check them against relevant databases. Lux Capital’s Bilal Zuberi, an investor in Evolv, lauded the industry expertise in the startup’s operational team and advisory board.

$ Funding

$
Amount $18.0M Total raised
Date March 14, 2017 Announcement date
Investors Ozie Group LLC, General Catalyst, Lux Capital, DCVC Lead investors
Company http://www.evolvtechnology.com Funded company

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industries
Fintech & Banking
applications
AI & Machine learning

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