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.
Read more on Bloomberg Business here.