VeryAI Secures Seed Funding Led by Polychain to Enhance Biometrics

Biometric authentication startup VeryAI has successfully closed a seed funding round to advance its proprietary palm vein scanning technology. The investment was led by Polychain Capital, a prominent venture capital firm in the blockchain space, with additional participation from the Berggruen Institute, Anagram, and several high-profile angel investors. This capital injection is designated to accelerate the development and integration of VeryAI’s Software Development Kit (SDK), which aims to provide a more secure alternative to traditional verification methods within the cryptocurrency ecosystem.

Advanced Security Against AI and Bot Activity

The core of VeryAI’s offering is a smartphone-based palm vein authentication system designed to combat the rising prevalence of bot accounts and the increasing sophistication of AI-generated deepfakes. Unlike standard facial recognition, the system analyzes the unique internal texture of palm veins via mobile cameras. To ensure high-level security, the software requires users to perform random hand gestures during the scanning process.

• Prevents unauthorized access via screenshots or screen recordings.
• Mitigates the risks associated with "MFA fatigue" by streamlining the user experience.
• Provides a defense layer against synthetic media and digital spoofs.

Precision and Market Implementation

In terms of technical performance, VeryAI reports a false acceptance rate (FAR) of approximately one in ten million for single-hand scans. This level of precision notably exceeds the benchmarks set by Apple’s Face ID, which historically reports a FAR of one in one million. The company is currently prioritizing partnerships within the digital asset sector to secure high-stakes transactions.

One of the first major implementations of this technology has been established with the MEXC exchange. The platform has integrated VeryAI’s solution to verify withdrawal requests, adding a biological layer of security to prevent unauthorized fund transfers. This collaboration demonstrates the practical utility of palm vein biometrics in protecting liquidity within decentralized and centralized finance environments.

By focusing on hardware-agnostic solutions that utilize existing smartphone capabilities, VeryAI aims to set a new standard for identity verification in the Web3 space. The successful funding round led by Polychain Capital underscores the growing demand for robust, privacy-centric authentication methods as cryptocurrency platforms face increasingly complex security threats in 2026.