📝 Lastwall raises $16M

Sponsored by

News of the Day

Canadian identity verification startup Lastwall has raised a $16 million Series A extension round led by BDC Capital’s StrongNorth Fund, with participation from the New Brunswick Innovation Foundation, Frostbite Capital, and Blue Bear Capital, to scale its military-grade behavioural biometrics platform across deeply integrated North American critical infrastructure and government networks. Founded by CEO Karl Holmqvist, the Fredericton-born company bypassed traditional startup validation to engineer its flagship IDCommand software directly for the US Department of Defence, achieving a coveted FedRAMP Moderate Authorization that clears its technology for the entire US federal ecosystem while serving as a high-standard trust mark for heavily regulated commercial sectors like banking and defence contracting. By continuously evaluating over 200 distinct login characteristics—including keystroke cadence, mouse movement, and hardware configurations—IDCommand actively stops sophisticated credential-hijacking and state-sponsored phishing attacks before bad actors can exploit delegated AI agents or compromise shared cross-border utility systems like power grids, water plants, and food supply chains. To accelerate expansion across both Canada and the United States, Lastwall has also appointed retired Canadian Armed Forces Major General Peter Dawe to its board of directors, leveraging his 35 years of international military command and joint-nation strategic experience to navigate highly complex procurement pipelines.

If you have tweets you want to submit to be featured here (from you or someone you like), reply to this email with a link!

Chart of the Day