London-based cybersecurity startup Zamna provides a blockchain-powered data-verification platform. This company connects passenger data sets between governments, airlines, and security agencies to streamline the check-in process in airports.
Founded in 2016 by Alexander Gorelik and Irra Ariella Khi, Zamna was previously dubbed VChain Technology. Zamna works with multiple airlines, including British Airways and parent company IAG, and has been awarded a strategic partnership with IATA as winners of the inaugural innovation award.
Bags €4.5M seed funding
The startup has now raised €4.5 million seed funding round led by Oxford Capital and LocalGlobe. The other companies that took part in the funding round include Telefonica, the London Co-Investment Fund (LCIF), and Seedcamp among other influential angel investors. Even the existing IAG (International Airlines Group) also took part in the round.
The investment will be used to roll out Zamna’s proprietary Advance Passenger Information (API) validation platform for biographic and biometric data. Notably, it is already being deployed by major airlines as well as immigration authorities.
What does Zamna do?
The London-based startup Zamna helps governments and airlines enhance security by validating the passenger data and signalling where this data does not match with the info on their passports. It also signals when the passenger data matches and it can be trusted.
Zamna’s software is built on triple-patented privacy-by-design proprietary algorithms. It is designed to check the accuracy of advanced passenger info on biometric data sans sharing any data with third parties.
Currently, the company’s blockchain-powered data verification platform authenticates and connects passenger data sets that are siloed between governments, airlines, and security agencies. This minimises the necessity for security checks by up to 90%.
The Zamna platform is the world’s first known service combining biographic revalidation and biometric verification into a commercial use case for international air travel, delivered without obtaining, storing, exposing or reading sensitive passenger data.
Stock photo from Rawpixel.com/Shutterstock
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