"HeartKey® algorithms offer data protection for devices and vehicles. It also offers the added benefit of providing insights into an individual's physical wellbeing, which enables a wide range of life-enhancing or potentially life-saving benefits.
"We're at a really exciting stage for the business, we have forged very significant links with big name partners who recognise our technology's value and importance to their own product development and this investment will allow us to continue driving our ambitions for B-Secur forward."
Tong Gu, investment lead at investors ADV, said:
"When everyday wearables become medical grade devices, the importance of assuring who can access sensitive information is of the greatest importance.
"B-Secur's HeartKey® software enables any OEM (original equipment manufacturer) to achieve near medical grade heart monitoring and tracking capability coupled with unique authentication.
"We're backing B-Secur for the second time because we truly believe in the product vision and the team."
Kernel Capital partner Jayne Brady added:
"Since our first investment with B-Secur we have been impressed by the drive and determination of the management team and their highly skilled technical experts who have worked hard to elevate this technology and to pair it with partners and applications which we believe will change how we live and work.
"They are at an exciting stage and we are very proud to support them in taking their vision forward on a global scale."