VeryAI, a startup specializing in palm-based biometric authentication, has secured $10 million in a seed funding round led by Polychain Capital. The round included participation from the Berggruen Institute, Anagram, and several angel investors in the cryptocurrency sector. The company provides a software development kit that utilizes smartphone cameras to scan palm textures and verify identities through randomized gesture requirements. This system is designed to integrate into existing applications to mitigate bot activity and streamline multi-factor authentication processes while claiming an error rate of 1 in 10 million, which the company asserts exceeds the security performance of Apple Face ID.

This development highlights the increasing demand for robust identity verification solutions within the digital asset and decentralized finance ecosystems, where traditional password-based security is often insufficient against AI-driven spoofing. By focusing on palm-based biometrics, VeryAI positions itself as a specialized software layer in the security stack, competing against established facial recognition and hardware-based security key providers. The company has already initiated a partnership with the exchange MEXC to provide withdrawal authentication services, establishing a revenue model based on transaction-linked fees. As the industry faces rising threats from deepfakes and automated account takeovers, the ability to verify human presence through unique physiological patterns represents a critical shift in digital trust infrastructure.

The successful funding round signals a broader trend toward integrating advanced biometric verification into high-risk financial platforms to ensure regulatory compliance and asset protection. Investors are increasingly prioritizing security-focused software that can be deployed across mobile platforms without requiring proprietary hardware. Future milestones to monitor include the expansion of VeryAI into traditional banking and government sectors, as well as the development of enhanced risk management tools that could standardize biometric authentication protocols across global financial services.