“The Deep Glint investment is valued at $5 million, and reflects a broader trend as the automotive sector increasingly embraces AI and biometric technologies. “ Hyundai Mobis has taken a […]

AIStorm has landed $13.2 million in Series A funding to develop a next-generation semiconductor for future IoT devices. The new semiconductor will reportedly allow users to process analog sensor data […]

IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, […]

“The market for biometric technologies is expected to grow rapidly over the next few years and CLEAR is uniquely positioned to be the leader in using this technology to help […]

“Much of the excitement can be attributed to a broader buzz over the emergence of fingerprint-scanning payment cards, an area in which Zwipe has established a solid footing ahead of […]

“The management of Sodexo Ventures were evidently intrigued by AEYE-GO’s automated checkout kiosk technology, which is designed to use both facial and object recognition to identify individuals in a cafeteria […]

Xiaozhu, an Airbnb-like service based in China, has announced that it has brought in $300 million in its latest financing round, and will use part of the capital influx to […]

“We are extremely pleased with the financial commitment that our new investors and our existing debt holders have shown in support of the Company’s efforts through this financing and debt […]

“Like other China-based AI specialists that have announced huge investment rounds in recent weeks, including Yitu and SenseTime, Megvii appears to have benefitted from the Chinese government’s immense appetite for […]

A live entertainment-focused biometric ticketing firm is getting a higher profile thanks to new seed funding: Austin-based Blink Identity says it has brought in $1.5 million. The investment round was […]