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VeryAI has secured $10 million in seed funding from Polychain Capital to develop a palm scan technology that enhances identity verification, addressing vulnerabilities in facial recognition. The solution boasts a 1 in 10 million false acceptance rate and aims to provide a more secure alternative to traditional biometric methods. Founder Zach Meltzer, who previously scaled Galxe to 34 million users, emphasizes the need for stronger verification in the age of AI. The funding will help expand their technology to various financial providers and apps.

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Investors: PolyChain Capital
VeryAI has secured $10 million in seed funding from Polychain Capital to develop a palm scan technology that enhances identity verification, addressing vulnerabilities in facial recognition. The solution boasts a 1 in 10 million false acceptance rate and aims to provide a more secure alternative to traditional biometric methods. Founder Zach Meltzer, who previously scaled Galxe to 34 million users, emphasizes the need for stronger verification in the age of AI. The funding will help expand their technology to various financial providers and apps.
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