Startup for digital data transmission and storage receives a US$ 3.5 million investment | Startupi
Summary
DRIC raised US$3.5 million from an international investor group led by entrepreneurs and FJ Labs. The startup builds software based on a bidimensional code to improve data transmission, storage, access, and privacy. The company says the new capital will expand R&D and support its go-to-market plans in Brazil, Europe, and the U.S. DRIC also positions its technology for use cases in cloud document conversion, digital payments, data traffic, entertainment, books, and education. The investment should help the company scale its product and commercial reach across multiple markets.
Funding
Amount
$3.5M
Total raised
Date
April 27, 2021
Announcement date
Investors
Seagate, FJ Labs
Lead investors
Company
http://www.dric.com.br/
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AskAI Classifications
Labels
No AI classifications detected