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CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response

CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to…

Mar 23, 2020Biometric checks and facial recognition payments to support social distancing, fight spread of covid-19
Mar 18, 2020SenseTime postpones plan for potential blockbuster biometrics IPO, seeks private funding
Feb 11, 2020LG CNS collaborates with SenseTime on biometric entry service unaffected by masks
Feb 10, 2020SenseTime develops biometric identification system for masked faces as Chinese companies adapt to crisis
Dec 9, 2019SenseTime forecasts facial recognition revenue increase despite U.S. ban
Nov 28, 2019SenseTime to lead Chinese working group setting facial biometrics standards
Oct 9, 2019Goldman Sachs reconsiders support of Megvii IPO, MIT reevaluates SenseTime link
Oct 8, 2019U.S. drops Entity List hammer on Chinese facial recognition unicorns and biometrics providers
Sep 30, 2019Sensetime partners with China Tower for massive biometric video surveillance network
Sep 13, 2019High traffic identification tops this week’s biometrics and digital ID news
Sep 5, 2019Facial recognition giants unveil new technologies at World AI Conference
Aug 23, 2019Facial recognition solutions from SenseTime, Google, and others offered for diverse applications
Jul 26, 2019SenseTime to build regional AI R&D hub in Abu Dhabi
Jul 4, 2019Tencent and SenseTime executives join Malaysian sovereign wealth fund board

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