GRASP Innovations
Aviation security; a traditional workforce driven business that requires automation in order to be sustainable in the future.
| Date | Investors | Amount | Round |
|---|---|---|---|
€550k | Seed | ||
| Total Funding | 000k | ||
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GRASP Innovations, a Dutch startup established in 2019, operates within the aviation and security sectors, providing technology-driven solutions to optimize processes and resource allocation. The company was co-founded by Robert Schuur, who also serves as CEO. In May 2021, the company secured a significant milestone with a €550,000 investment from Mainport Innovation Fund II, a fund initiated by prominent Dutch entities including Royal Schiphol Group and KLM Royal Dutch Airlines, to support further product development and international expansion.
The core of GRASP's business is to automate and enhance security operations, primarily at airports, but also for other high-security environments like banks. Its business model centers on providing data-driven insights to improve efficiency, reduce costs, and enhance passenger experience. The company's clients include airport operators and security companies, such as SEA Milan Airports and Fraport (Frankfurt Airport), with whom they have partnered to deploy their technology.
GRASP's product suite utilizes a proprietary combination of advanced radar technology and software. A key offering is its Smart Access Control solution, which employs Impulse Radio Ultra-Wideband (IR-UWB) radar technology to detect human presence, including minute movements like a heartbeat, even when a person is concealed. This allows for the automation of repetitive surveillance tasks at access points, such as staff entries and baggage handling areas, in a GDPR-compliant manner by tracking presence without collecting personal data. For passenger checkpoints, the company's solutions gather data on passenger flow to analyze wait times, occupancy levels, and throughput, enabling better staff planning and reducing queues. GRASP has also collaborated with security screening leader Smiths Detection to integrate its sensor technology into broader checkpoint solutions, aiming to provide a more holistic view of the security process.
Keywords: airport security, passenger flow management, security automation, radar technology, access control systems, aviation technology, checkpoint optimization, IR-UWB radar, security data analytics, resource optimization, smart guidance system, Fraport, Smiths Detection, Mainport Innovation Fund, Robert Schuur, SEA Milan Airports, baggage handling security, GDPR compliant security, physical surveillance automation