Bambai is a Barcelona-based home security company that offers connected alarm systems by monthly subscription, with no long-term contract and self-installation. Its kits include motion detectors, door and window sensors and WiFi cameras. The kit is monitored 24/7 by professionals and controlled from a mobile app. Customers get the equipment free and choose between no-commitment plans and cheaper plans with a minimum term. Founded in 2020, the company serves customers across Spain and has a commercial partnership with the Catalan telecom operator Parlem. It closed a €230,000 round led by Demium Capital with participation from Inveready and Parlem Telecom, and has raised close to €1 million in total from public and private sources.
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| Date | Round | Amount | Lead |
|---|---|---|---|
| 2022-08-24 | Pre-seed (estimated) | €230K |
Demium Capital
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