Touch Biometrix: Touch Biometrix Announces Market Entry After Securing Series B Investment from Deepbridge Capital

Touch Biometrix is a pioneer in TFT (thin film transistor) sensor technology development. The company is pleased to announce it has secured Series B investment, allowing them market entry. By 2025, the global market for biometrics is expected to reach $15 billion. Investment Secured Developers of the future of fingerprint biometrics, Touch Biometrix, is a pioneer in the development of thin film transistor (TFT) based capacitive sensors. By the year 2023, the market demand for fingerprint sensors is expected to reach 1.5 billion units per year, and the global market for biometrics is predicted to reach $15 billion by 2025. Within a growing market demand, Touch Biometrix has announced that it has secured Series B investment, which will enable them to enter the market in 2022. Following previous Series A funding of £2 million, this significant Series B investment was through the Deepbridge Technology Growth Enterprise Investment Scheme (EIS) fund. Adrian Neilan, Investment Director of the Deepbridge Capital Technology Fund, said: "We are delighted to continue our support with Touch Biometrix at what is an exciting time for the biometric industry. We understand there is an increasing need for secure user authentication technology and we believe Touch Biometrix ...