FlamAid closes €250k first investment round
The Barcelona personal-safety company funds its market entry and device development.
FlamAid announced a €250,000 first investment round on 9 July 2024. Backers included Ona Capital Privat, Tandem Capital, Faria Dreams, Cosan Investments and individual investors including Guillem Crosas.
The company planned to establish its market presence, improve its technology and expand distribution. Founded by Julieta Rueff, FlamAid develops a portable personal alarm that connects with a mobile app and support contacts.
Use of funds
Establish market presence and improve device technology
Expand distribution and user base