# Handwave funding: rounds and investors

> Handwave has raised $4.2M across 1 round since 2025. Investors include Outlast Fund, Practica Capital and FIRSTPICK. Every round with its source.

Source: https://millionrounds.com/company/handwave (Millionrounds; every figure on the page links to its filing or article)

Latvia · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Handwave*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity Fintech

Funding summary Updated 26 Oct 2026

**$4.2M** raised across 1 round since 2025, from 1 source

- **Latest round:** Seed, $4.2M Aug 2025
- **Led by:** Outlast Fund
- **Investors:** 4 (1 led)

See who backed them

## The rounds

- **Aug 2025** Seed **$4.2M** [Outlast Fund](https://millionrounds.com/fund/outlast-fund) Lead [Practica Capital](https://millionrounds.com/fund/practica-capital) [FIRSTPICK](https://millionrounds.com/fund/firstpick) [Inovo VC](https://millionrounds.com/fund/inovo-vc) Reported by Outlast Fund

## Everyone who backed them

[Outlast Fund](https://millionrounds.com/fund/outlast-fund) VC firm **1** round, led 1

[Practica Capital](https://millionrounds.com/fund/practica-capital) VC firm **1** round

[FIRSTPICK](https://millionrounds.com/fund/firstpick) VC firm **1** round

[Inovo VC](https://millionrounds.com/fund/inovo-vc) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=handwave).

## Quick answers about Handwave

### Who invested in Handwave?

Handwave's investors include Outlast Fund, Practica Capital, FIRSTPICK and Inovo VC. Outlast Fund led its latest round.

### How much has Handwave raised?

Handwave has raised $4.2M across 1 round since 2025.

### When did Handwave last raise?

Handwave's most recent round was a Seed of $4.2M in Aug 2025, led by Outlast Fund.

### What was Handwave's biggest round?

Its most recent round, $4.2M in Aug 2025, is also its largest on record.

### Who backed Handwave first?

Handwave's first round on record, in Aug 2025, was backed by Outlast Fund, Practica Capital and FIRSTPICK and 1 others.

### What stage is Handwave at?

Handwave's latest named round is a Seed, in Aug 2025.

### Where is Handwave based?

Handwave is based in Latvia.

### Who led Handwave's rounds?

Outlast Fund led the Seed in 2025.

## Companies like Handwave

In the same sector, and raised in the last eighteen months.

[**POSFinance** $312K · May 2025](https://millionrounds.com/company/posfinance)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Cashin** $404K · Oct 2026](https://millionrounds.com/company/cashin)[**Ghanem** $1.5M · Oct 2026](https://millionrounds.com/company/ghanem)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)

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