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Biometric Update regularly releases news related to the term "funding." The following set of links is available to help you find biometrics news related to "funding" and other relevant terms. Additional topics may be perused by accessing our entire Biometrics Topics list.

 

Niobium raises $5.5M to develop fully homomorphic encryption accelerator chip

Niobium has secured $5.5 million in venture financing to develop a specialized accelerator chip for fully homomorphic encryption (FHE). The…

 

Seamfix obtains funding to expand digital ID services to five more African countries

Nigeria-based digital ID provider Seamfix has announced plans to expand its digital ID infrastructure and services across the African continent…

 

AlgoFace’s facial analysis tech gets boosts from Microsoft, National Science Foundation

Call it a banner year to date for Arizona-based biometric facial analysis firm AlgoFace, which has released a trio of…

 

Blaize raises $106M in funding to strengthen position in edge AI market 

Blaize, a company specializing in full-stack, programmable processor architectures and a low-code software platform, has secured $106 million in series…

 

Brazil’s QI Tech claims selfie biometric unicorn status with fresh investment

Brazilian financial services infrastructure and selfie biometrics provider QI Tech claims it has reached unicorn status, following an extension to…

 

Cross-border digital ID project SIDI Hub announces world tour after EU grant

After receiving a grant from the European Union, SIDI Hub, an initiative to create a digital ID that is interoperable…

 

Hailo’s $120M series C to fuel development for biometric applications

Chipmaker Hailo has successfully concluded a $120 million series C financing round to support the growing importance of its AI…

 

Robots that know if we’re sad or happy are coming

Many of us are already talking to our smart devices as if they are humans. In the future, smart devices…

 

Nigeria’s Youverify receives $2.5M in funding for biometrics, AML

Youverify, a biometrics and AI-powered AML and KYC service provider based in Lagos and San Francisco, has received a $2.5…

 

Mumbai-based IDfy to use US$27M in funding for biometrics expansion, development

IDfy, an identity verification, biometrics and risk assessment platform based in Mumbai, has secured a US$27 million (approximately 2.2 billion…

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