Address

Asvin
Stuttgart
Germany

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VCID: 7011486
    Profile

    Corporate information


    Registration country
    Investment activity status
    Active investor

    Company type

    Securing over-the-air updates for IoT vendors.

    Overview

    The importance of cybersecurity is increasing at a fast pace. IoT solutions are especially fragile as they are often unpatched and lose security during operation lifetime. Vendors and operators of IoT devices are forced to ensure safety during necessary updates, but current solutions for secure operations are too expensive. Asvin offers a seamless implementation, transparent pricing, and lower cyber risk. Blockchain technology enhances security by incorporating DLT and device IDs in the solution. The Germany-based team has gained several awards and prizes and launched various industrial pilots with companies (BD, Minol, Zeiss, and OdinS).

    Current employees

    [node:title] photo Sven Rahlfs
    founder
    [node:title] photo Mirko Ross
    founder

    Funding rounds

    Seed EUR 2,100,000


    (8 Feb 2022) at EUR 8,000,000 valuation.

    Profile Country Notes
    Blockrocket Initial investment. Round participant.
    CoinIX Germany Initial investment. Round participant.

    (10 Nov 2019)

    Profile Country Notes
    CV VC AG Private company based in Zug which invests in all stages of the crypto and blockchain growth cycle. Switzerland Initial investment. Round participant.


    Profile Country Notes
    Minol-Zenner Group Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    Blockrocket logo Blockrocket
    Seed
    CoinIX logo CoinIX
    Seed
    CV VC AG logo CV VC AG
    Private company based in Zug which invests in all stages of the crypto and blockchain growth cycle.
    +41 (41) 725-08-80
    Seed
    Minol-Zenner Group logo Minol-Zenner Group
    N/A