UAE-based Crucifer Investments has led a $260,000 Pre-Seed funding round for Owners ID, an Indian startup developing a privacy-focused platform to recover lost items using QR code technology. The investment marks a cross-border deal backing a solution aimed at a global market.
Quick Facts
- Round Size: $260,000 Pre-Seed
- Lead Investor: Crucifer Investments (UAE)
- Startup: Owners ID (India)
- Technology: QR-based lost item recovery
Tackling Lost Items with Privacy-First QR Tech
Founded in Bengaluru in November 2022, Owners ID provides a system that allows for the return of lost belongings without exposing the owner’s personal data, such as a phone number or address.
The platform operates through simple QR codes attached to items, which can be scanned by anyone who finds them. The process does not require a dedicated mobile app, batteries, or other hardware, creating a low-friction method for recovery. The company offers its QR solutions for a wide range of personal goods, including luggage, keys, wallets, passports, electronics, and pet tags.
Fueling AI Development and Global Rollout
The new capital will be used to advance Owners ID’s product and technology infrastructure, increase manufacturing capacity, and enhance its mobile application. A key focus will be on developing AI-powered recovery systems to improve the platform’s efficiency.
Beyond product development, the funding will also support the company’s brand building and its strategic expansion into international markets. Owners ID aims to grow beyond simple item recovery and establish a broader digital identity platform for physical assets and personal safety.
About Owners ID
Based in Bengaluru, India, Owners ID is a technology startup that offers a QR code-based system for recovering lost items. Its platform is designed to protect user privacy by facilitating the return of belongings without sharing personal contact information.
