VeriChip lands $10m investment from Optimus
Florida-based VeriChip Corporation, maker of the world’s first human implantable RFID chip, has announced that it will receive a $10 million investment from Optimus Technology Capital Partners.
VeriChip plans to use a portion of the investment to fully fund its program with RECEPTORS LLC to develop a virus triage detection system for the H1N1 virus and an in vivo glucose-sensing RFID microchip. The rest will be reserved for working capital.