Vending

Age verification provider CAV Solution raises funds

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July 7, 2022

CAV Solution, a Tallinn, Estonia based provider of an age and identification verification module for self-service solutions that utilizes a cloud infrastructure, finished its pre-seed round by raising 330,000 euros ($336,022.5) from investors, or 13.2% of the equity of the company, according to a Tehnopol Science and Business Park report.

Investments were made by members of Pipedrive Angels and Garage Entertainment OÜ and its partner Optimal Station, which specializes in customizing vending machines for use in automated retail, inventory control and event marketing.