India advances Sri Lanka digital ID project $5.4M
A cheque of 450 million Indian rupees (approximately US$5.4 million) has been handed to Sri Lanka’s government as part payment…
investment
Biometric Update regularly releases news regarding the term "investment." The following list of links is available to help you find biometrics news regarding "investment" and other relevant terms. Additional tags may be perused by accessing our complete Biometrics Topics list.
Liminal sees opportunities in financial services onboarding landscape
Market intelligence firm Liminal has published a list of the top 32 companies working in compliance and fraud prevention for…
British Business Bank’s Future Fund invests in B-Secur’s heartbeat biometrics
B-Secur, a biometric algorithm developer based in Belfast, is one of 67 UK companies in which the British Business Bank’s…
Prominent SenseTime investors sell shares
Alibaba has sold 557 million of its shares in SenseTime, reducing its ownership stake in the Chinese facial recognition “dragon”…
CloudWalk joins $421M funding round for chipmaker amid potential AI pivot
China-based facial recognition software firm CloudWalk has joined a 3-billion-yuan (US$421 million) series D round for ESWIN Computer, also based…
IN Groupe backs blockchain ID project Archipels to fuel expansion
Archipels, a French digital identity consortium and project based on blockchain technology, has raised an unknown amount of capital from…
Pair of computer vision firms raise huge corporate venture capital round
A pair of video security and surveillance companies joined at the owner are splitting an almost $200 million round invested…
Investors are finding deals among biometric verification firms
A pair of corporate finance deals that a year ago would have barely broken the water’s surface are in the…
Sort-of IPO planned for Yubico with merger. SPACs get more attractive
Another identity authentication firm is turning to a pseudo-IPO to generate funds. Multifactor access security key firm Yubico is merging…
Token raises $30M to fuel growth and development of biometric authentication wearable
Token has announced a $30 million funding round to support the product development of its biometric wearable for passwordless FIDO2-compliant…
