Biometrics giant SenseTime rumored to be planning Shanghai IPO at $10B valuation
Just days after SenseTime and other Chinese biometric facial recognition leaders were reported to be recovering well from the effects…
IPO
Trust Stamp to file for €29M IPO in Ireland, delayed SenseTime offering may face long wait
An authentication and a biometrics provider have each been planning initial public offerings on different continents, but one is expected…
CrucialTrak forms U.S. sales partnership for multi-modal biometrics, appoints leaders ahead of 2022 IPO
CrucialTrak has formed a sales and marketing partnership with New Jersey-based Critical Environments Group (CEG) to bring its biometric readers…
CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response
CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to…
What pandemic? China biometrics startup clinches $141M fund
It is a precarious moment for the waylaid Chinese economy, but a Shenzhen biometrics startup has just closed a round…
Megvii registers major biometrics revenue fall following U.S. trade blacklist
Chinese AI company Megvii suffered a major blow in terms of revenue after it was included on the U.S. trade…
SenseTime postpones plan for potential blockbuster biometrics IPO, seeks private funding
SenseTime has decided to postpone its Hong Kong IPO of up to $750 million following the global aftermath of the…
Megvii to refile for lapsed blockbuster biometrics IPO in Hong Kong by end of March
Although currently still on a U.S. blacklist, biometrics unicorn Megvii is refiling for the Hong Kong IPO, writes Reuters, after…
Megvii gets green light for $500 million Hong Kong IPO
Chinese artificial intelligence unicorn Megvii received a green light from the stock exchange for $500 million Hong Kong IPO, Reuters…
Yitu wins Shanghai government contract and considers IPO on city’s new exchange
Yitu Technology has reached a deal with municipal authorities in Shanghai as part of a campaign to increase artificial intelligence…
