Optrace

Optrace is commercializing an innovative patented process to mass produce individualized and serialized holograms.

Business Model:

Revenue: $0

Employees: 11-50

Detailed Optrace Information

Geographic Data

Optrace headquarters map

Address:

City: Dublin

State: Dublin

Zip:

Country: Ireland

Financial Info

Stage:

series unknown

Raised Last:

$0

Raised Total:

$100k

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0Website Monthly Traffic

Twitter Followers

Description

Optrace Ltd is a recently formed company based in Dublin, Ireland which has licensed the holographic technology developed by the Centre for Industrial and Engineering Optics (IEO), Dublin Institute of Technology, on an exclusive worldwide basis. Optrace are utilizing this technology for the production of serialized holographic labels for the anti-counterfeiting market as authentication devices. Clients in the pharmaceutical industry can have each individual product package protected with a unique serialized holographic label. Optrace are capable of producing these in any volume required. Each hologram can be as unique as a human fingerprint. The problem of counterfeit products continues to grow year on year costing markets worldwide in all industries hundreds of billions of euro each year in revenue losses. This also damages brand reputation. Moreover counterfeit medicines carry enhanced risk of incorrect dosage of active ingredient being given to the patient or may contain potentially fatal substances manufactured in an uncontrolled environment. Many technologies are deployed in the fight against counterfeiting and continuing advances in holographic technology will ensure that holograms will continue to play a vital role in anti-counterfeiting and brand protection, both as stand alone devices and in combination with other technologies.

Contact Phone:

Contact Email:

Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
8/2016 Venture Round 1 - Enterprise Ireland
Enterprise Ireland
9/2013 Seed Round 1 $100k NDRC
NDRC
8/2016 Venture Round 1 - Enterprise Ireland
Enterprise Ireland
Announced Date Name Price

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