funding

 

IPO and $2B funding round could be coming for Chinese AI biometrics unicorns

Megvii is considering making an initial public offering on the Hong Kong stock exchange to raise up to $1 billion…

 

Zwipe receives EUR 2.3M grant to scale and commercialize biometric payment technology

The European Commission has awarded Zwipe a €2.3 million (US$2.6 million) grant under the Horizon 2020 program to fund its…

 

Startup Acceptto launches biometric and contextual multi-factor authentication platform

Cybersecurity startup Acceptto has emerged from stealth to launch its password-less Cognitive Authentication platform for authentication and identity access management…

 

Startup Global e·dentity raises funds and receives patent for innovative biometric system

Multi-factor biometrics and digital identity startup Global e·dentity has been granted a patent by the U.S. Patent and Trademark Office…

 

Syntiant raises $25 million in Series B funding to develop speech processors for edge devices

Artificial intelligence semiconductor company Syntiant Corp. announced that it has raised $25 million in Series B funding to support its…

 

TSA’s ‘Biometric Roadmap’ may need more funding under new law, former deputy administrator says

While the Transportation Security Administration [TSA] Modernization Act “will guide our efforts to modernize aviation passenger identity verification over the…

 

Chinese startups take lion’s share as venture capital investment in AI grows 150 percent

Chinese AI startups overtook their U.S. counterparts in new venture capital funding in 2017, raising nearly $5 billion according to…

 

Welsh government awards funding to Touch Biometrix

Touch Biometrix has been awarded funding from the Welsh government’s £63.4M SMARTCymru program. SMARTCymru is backed by £27M from the…

 

AI facial recognition firm CloudWalk Technology raises $75M in Series B funding

China-based CloudWalk Technology has raised 500 million yuan ($75 million) in Series B funding as it rapidly expands its operations,…

 

Facial recognition firm Megvii raises $460m

Chinese facial recognition startup Megvii, the developer of Face++ facial recognition software, has raised $460 million in its latest financing…

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