Hypr nets $30M investment to beef up security against threat of generative AI
HYPR has scored a major cash infusion from Silver Lake Waterman, announcing a $30 million investment to accelerate the development…
investment
Biometric Update regularly writes news regarding the term "investment." The following set of links is available to assist you with finding biometrics news concerning "investment" and other relevant terms. Additional tags may be perused by reviewing our complete 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…
VC firm takes majority stake in BioCatch at $1.3B valuation
A private equity firm has struck a deal to take majority ownership of behavioral biometrics and fraud prevention business BioCatch,…
Public-private partnerships pose opportunity for DPI and national digital ID initiatives
Public-private partnerships (PPPs) may play a critical role in the development of a national digital identity infrastructure around the world….
South Korea’s Hancom invests, gets Facephi biometrics APAC distribution deal
An investment agreement between Facephi and South Korea-based software company Hancom gives the latter exclusive licensing rights to Facephi’s biometric…
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…
CSIS encourages private sector DPI investment as UN pushes for safeguards
An advocacy paper published by the Centre for Strategic and International Studies (CSIS), a public policy non-profit, has explored how…
Idex’ strategic corporate change is scary but so are the weeks that follow
Switching from making components to making systems is a complex and jostling endeavor. Just ask Idex Biometrics, which is changing…
SenseTime wins deals in Saudi Arabia in return for investment in domestic firms
SenseTime and other technology companies based in China are investing in local firms in Saudi Arabia, often in the form…
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