€1m · Other round · Cybersecurity · Barcelona, Spain
Barcelona-based FlamAid, which makes a pull-ring personal-safety alarm, has closed €1m in a second funding round, with investment from UFC champion Ilia Topuria, chef José Avillez and returning backers. The company will use the capital to accelerate expansion, reinforce operating capacity and continue product development, including a subscription that links alerts to a professional monitoring centre.
FlamAid sells a compact device that can be attached to keys or a bag. Pulling its ring activates a 110-decibel alarm, while the companion app shares live location and video with trusted contacts. The company says its Premium plan, priced at €7 a month, routes alerts to Grupo Control's 24-hour alarm receiving centre, which can verify an incident and contact police or emergency services. This extends the product from a local deterrent and contact alert into a monitored response workflow.
From a hardware sale to a monitored service
The new subscription changes the commercial role of the device. The hardware remains the entry point, but monitoring can add recurring revenue after the initial purchase and give users a reason to keep the app and device active. It also makes delivery more demanding: the customer experience now depends on the alarm, phone connection, app, monitoring centre and emergency escalation working as one chain when an incident occurs.
That operating chain is the central scaling question behind the round. Funding expansion can put more devices into circulation, but the subscription becomes valuable only if customers trust both the technology and the handoff to a human response service. FlamAid therefore has to grow distribution while maintaining reliability across several components, not simply manufacture more units.
The company has already moved beyond prototype stage. El País reported that FlamAid launched commercially in 2024 after two years of development and certification, sold out its first three production runs, reached customers in Spain, Portugal, Turkey and Latin America, and generated €200,000 of revenue in 2025. The publication also said its earlier €500,000 round funded engineering and communications hires. The new financing gives FlamAid more room to build on that early hardware demand while testing whether monitored safety can become a repeat-use service.
Sources checked:
El Referente · Forbes España · FlamAid product site · El País · Tech.eu Funding Explorer
