Address

Asvin
Stuttgart
Germany

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KANDO id: 7011486

Corporate information

Registration country

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).



Funding rounds

Seed EUR 2,100,000


( ) at EUR 8,000,000 pre-money valuation

Profile Country Notes
Blockrocket Initial investment.
CoinIX Initial investment.

Seed


( )

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

Profile Country Notes
Minol-Zenner Group Initial investment.


Investment activity status
Active investor

Team

Employee Position
Sven Rahlfs (founder)
Mirko Ross (founder)

Past employees

Selected Products / Customers

Financials