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

PANews 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 mobile phone cameras, 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. VeryAI currently focuses on serving crypto platforms and has partnered with the exchange MEXC for withdrawal verification, charging based on the number of registrations and re-verifications. Future plans include expanding to banks and government clients and adding more risk control tools.