Linucare, a Danish startup focused on personal safety technology, has secured significant investment to enhance its innovative alarm app and panic button solutions aimed at improving safety for vulnerable individuals.
Target Information
Linucare is an innovative Danish startup specializing in personal security technology. Established in 2023, the company emerged in response to a family crisis which underscored the critical need for enhanced safety and reassurance at home. Linucare has developed advanced security solutions, including an alert app featuring a digital panic button that allows individuals to alert a network of loved ones in emergencies. The company also offers physical panic buttons, strategically designed for placement around the home or to be worn on clothing, making them particularly beneficial for elderly individuals or those facing acute situations.
The founding member, Thomas Vinther, shared, "Linucare started as a deeply personal project for me, born from an urgent need within my own family. It focused on creating a sense of security for the most vulnerable in our society. While I have chosen to explore other avenues, I take pride in what we have accomplished and firmly believe that Linucare will continue to make a significant difference in many lives." Nicklas Lynge, who joined thereafter, emphasized the commitment of the team to develop user-friendly technology that not only provides peace of mind for users but also reassures their families and caregivers.
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Industry Overview in Denmark
The personal security technology sector in Denmark has witnessed notable growth, driven by increasing concerns over personal safety and the need for innovative solutions. With the rise of urban living, awareness sur
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Disclosed details
Transaction Size: $23M