About NEXT Biometrics
NEXT Biometrics is a publicly listed company based in Oslo (Norway) founded in 2000. Fingerprint-based biometric solutions are provided for authentication systems. It operates in the Technology, Industrial Goods & Manufacturing, and Financial Services sectors. NEXT Biometrics has raised $15.8 million across 9 funding rounds. The company has 24 employees. Its Indian entity Next Biometrics Solutions India Private Limited reported revenue of ₹40.2 Lakh. NEXT Biometrics offers products and services including Fingerprint Sensors, Fingerprint Readers, Touchpads, Face Recognition, and Development Kits. Its focus areas include Semiconductors, Sensors, Generic Sensor Developers and Biometrics Sensor.
Company details
NEXT Biometrics was founded in 2000 and is headquartered in Oslo, Norway. Operations focus on the biometrics sector, where active thermal sensing technology is developed for fingerprint authentication. Sensor modules, readers, Aadhaar-compatible products, and software kits are offered for applications in smart cards, government IDs, access control, and notebooks. These solutions support secure verification across multiple markets.
- Headquarters Oslo, Norway
- Employees 24
- Stage Public
- SectorsTechnologyIndustrial Goods & Manufacturing Financial Services
- Website nextbiometrics.com
- Social LinkedIn X
- Legal Name Next Biometrics Solutions India Private Limited
- Date of Incorporation 03 May, 2019
- Jurisdiction Vile Parle East, Mumbai, Maharashtra, India
- Indian entity revenue₹40.2 Lakh
FY 2025 · +54% YoY
- Indian entity net profit₹2.7 Lakh
FY 2025 · 7% margin
- Indian entity EBITDA₹6.2 Lakh
FY 2025 · 15% margin
- Total Equity Funding$15.8M (USD)
in 9 rounds
- Latest Funding Round$5.5M (USD), Post-IPO
Nov 2023
- Employee Count24
Associated legal entities of NEXT Biometrics
NEXT Biometrics operates through Next Biometrics Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Next Biometrics Solutions India Private Limited CIN U72500MH2019FTC324922 | Active | 03 May 2019 | Mumbai, Maharashtra | ₹0.4 Cr | 2 | View details |
Products & Services of NEXT Biometrics
NEXT Biometrics offers a comprehensive portfolio of products and services, including Fingerprint Sensors, Fingerprint Readers, Touchpads, Face Recognition, and Development Kits.
Devices for high-security fingerprint authentication in various applications.
Tools for reading fingerprints with enhanced anti-spoofing features.
Integrated touchpads for secure biometric access on devices.
Technology for facial authentication in security systems.
Kits for developers to integrate fingerprint technology.
Funding Insights of NEXT Biometrics
NEXT Biometrics has successfully raised a total of $15.8M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $5.5 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $15.8M
- Total Rounds 9
- Last Round Post-IPO — $5.5M
- First Round $15.8M
(Oct 2013)
All 9 funding rounds of NEXT Biometrics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2023 | $5.5M | Post-IPO | – | – | – |
| Feb 2021 | $10.49M | Post-IPO | – | – | – |
| May 2020 | $5.09M | Post-IPO | – | – | – |
| Jan 2019 | $18.42M | Post-IPO | – | – | – |
| Feb 2017 | Post-IPO | – | – | – | |
| Dec 2016 | $20.51M | Post-IPO | – | – | – |
| May 2016 | $20.32M | Post-IPO | – | – | – |
| Nov 2015 | $14.5M | Post-IPO | – | – | – |
| Oct 2013 | $15.8M | Series A | – | – | – |
Board of directors of Next Biometrics Solutions India Private Limited (NEXT Biometrics)
Next Biometrics Solutions India Private Limited is the primary company behind NEXT Biometrics. The board of Next Biometrics Solutions India Private Limited currently have 2 directors; the longest-serving is Praful Harkhchand Dedhia, appointed in 2019. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Praful Harkhchand Dedhia DIN 06963820 | Director | 03 May 2019 | 7 yrs 6 mo | Next Biometrics Solutions India Private Limited |
| Eirik Underthun DIN 08730377 | Director | 01 Mar 2020 | 6 yrs 8 mo | Next Biometrics Solutions India Private Limited |
People of NEXT Biometrics
7 people are tracked at NEXT Biometrics (2 in leadership, 4 in board & advisors, 1 in team); the tracked headcount is 24.
| Name | Role | Group |
|---|---|---|
| CFO | Leadership | |
Peter Heuman | CEO | Leadership |
Petter Fjellstad | Chairman | Board & advisors |
Emine Lundkvist | Board Member | Board & advisors |
Live Haukvik | Board Member | Board & advisors |
Odd Harald Hauge | Board Member | Board & advisors |
Ulf Ritsvall | SVP, Sales & Marketing | Team |
Complete people profiles for NEXT Biometrics
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
IPO & Listings of NEXT Biometrics
NEXT Biometrics is a publicly listed company on the OSL with ticker symbol NEXT in Norway, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date18 Feb 2021
- Listed onNASDAQ OMX: NEXTo
- Listed entityNEXT Biometrics Group ASA
- Exchange sectorElectronic technology
Financials of NEXT Biometrics
Figures of Next Biometrics Solutions India Private Limited, the primary company behind NEXT Biometrics, for FY 2025. Revenue was ₹40.2 Lakh (+54% year on year). Net profit was ₹2.7 Lakh (7% margin). EBITDA was ₹6.2 Lakh (15% margin). Revenue has grown at a compounded annual rate of -43% over three years and -28% over five years.
- ₹40.2 LakhRevenue · FY 2025 · +54% YoY
- ₹2.7 LakhNet profit · 7% margin
- ₹6.2 LakhEBITDA · 15% margin
- ₹1 LakhPaid-up capital
- -43%Revenue CAGR, 3 years
- -28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Next Biometrics Solutions India Private Limited are on its company page.
Detailed financial statements for NEXT Biometrics
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of NEXT Biometrics
4 dated milestones of NEXT Biometrics across 23 years, from founding to its latest funding, stage changes and deals.
- Founded NEXT Biometrics is founded.
- Funding First funding round of $15.8M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $5.5M.
Web traffic of NEXT Biometrics
The website of NEXT Biometrics (nextbiometrics.com) receives about 4.1K visits a month.
- Monthly visits4.1K
▲ 25.7% vs previous month
Websites whose visitors overlap most with NEXT Biometrics. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| psacertified.org | 100% | 15.8K | #1,564,248 | View details | |
| evolute.in | 99% | 14.1K | #1,706,723 | View details | |
encrypted.google.com | encrypted.google.com | 62% | – | ||
tw.yahoo.com | tw.yahoo.com | 62% | – |
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Frequently Asked Questions about NEXT Biometrics
NEXT Biometrics was founded in 2000 and raised its 1st funding round 13 years after it was founded.
NEXT Biometrics is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.
NEXT Biometrics is a funded company, having raised a total of $15.8M across 9 funding rounds to date. The company's 1st funding round was a Series A of $15.8M, raised on Oct 2013.
NEXT Biometrics has 24 employees.
The primary company behind NEXT Biometrics, Next Biometrics Solutions India Private Limited, reported revenue of ₹40.2 Lakh for FY 2025, up 54% year on year.
NEXT Biometrics was founded in 2000 and is headquartered in Oslo, Norway. Operations focus on the biometrics sector, where active thermal sensing technology is developed for fingerprint authentication. Sensor modules, readers, Aadhaar-compatible products, and software kits are offered for applications in smart cards, government IDs, access control, and notebooks. These solutions support secure verification across multiple markets.
NEXT Biometrics offers Fingerprint Sensors, Fingerprint Readers, Touchpads, Face Recognition, and Development Kits.
Yes, NEXT Biometrics is publicly traded on OSL under the ticker symbol NEXT.
NEXT Biometrics operates through Next Biometrics Solutions India Private Limited.
The legal entities of NEXT Biometrics currently have 2 directors, including Eirik Underthun, Praful Harkhchand Dedhia.