OurCrowd’s portfolio company Clipfort was featured in Bloomberg Business, a leading online business and finance magazine. ClipFort has developed a Biometric ammunition Magazine, providing a comprehensive firearm safety solution that protects people from unauthorized use of guns.
Clipfort’s sensor-equipped magazines have fingerprint identification to prevent an unauthorized user from loading ammunition. The biometrics, built into the clip, are being designed for most guns, the company says.
Clipfort raised $1,566,007 from OurCrowd investors in January 2015.
Read more on Bloomberg Business here.