Canadian biometrics company BioConnect receives $4M in government funding
Government entity FedDev Ontario has announced an investment of almost $4 million in Toronto-based biometric authentication and security platform BioConnect,…
investment
Biometric Update regularly releases articles regarding the term "investment." The following list of links is available to help you find biometrics news regarding "investment" and other relevant terms. More topics may be perused by reviewing our entire Biometrics Topics list.
Nigeria to receive $433M from World Bank for biometric national ID registration
The World Bank is pouring $433 million (N1.5 trillion) in support into the National Identity Management Commission (NIMC) of Nigeria’s…
Continental invests in Cartica AI to accelerate object detection for autonomous driving systems
Transport technology company Continental AG has acquired a minority stake in Cartica AI, which develops algorithms for accelerating machine learning…
Yoti to expand global biometrics business after $10M investment at over $100M valuation
Yoti has raised £8.7 million (US$10.6 million) in new equity investment, according to EU Startups, and intends to use the…
Trueface raises $3.7M to grow real-time facial biometrics business
Trueface has raised $3.7 million to scale its team and grow partnerships and market share for its real-time biometric facial…
AnyVision facial recognition deployment controversy pulls in Microsoft
Microsoft is receiving criticism for its involvement in biometric facial recognition, due to its investment in Israeli company AnyVision, Forbes…
AU10TIX receives $60M investment to pay off debt and fund growth initiatives
Private equity firm TPG Capital has made a $60 million investment in ABC Technologies, the holding company for identity verification…
Speech biometrics firm Uniphore receives $38M in funding to chase unicorn status
India-based biometric speech recognition and conversational AI company Uniphore has raised nearly $38 million in Series C funding round led…
Invixium announces software upgrade and new distributors as investor McRock increases stake
Invixium has launched a major software upgrade, including biometric face de-duplication, and announced a pair of new distribution deals, as…
Ipsidy raises $3.1M and prepares for listing on national exchange
Ipsidy has raised approximately $3.1 million in equity funding through subscriptions for common stock, in what the cloud biometrics platform…
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