Palmprint authentication company VeryAI has raised $10 million in seed funding, led by Polychain Capital.

CoinFeed reported on March 12th that VeryAI, a palmprint authentication startup, has completed a $10 million seed funding round led by Polychain Capital, with participation from Berggruen Institute, Anagram, and several crypto angel investors. VeryAI provides a palmprint scanning SDK based on a mobile phone camera, which partners can integrate into existing applications to combat bot accounts and multi-factor authentication fatigue. Its system analyzes palmprint texture and prompts users to make random gestures to prevent screenshots, screen recordings, and AI forgery. The company claims a false recognition rate of approximately one in ten million for single-hand scanning, higher than Apple's official Face ID rate.