€3 million raise for Facial Biometrics by Unissey
Dec 2, 2020
Deepsense, now known as Unissey, has raised €3 million to support its facial recognition technology. The startup, founded in July 2019, successfully raised funds from business angels and the US fund SEAF. This solution can distinguish legitimate users from fraud attempts in less than a second.
Simplified Facial Biometrics
Unissey's technology identifies users and detects fraud in record time. It can be integrated into a variety of devices, including computers, smartphones and tablets.
The start-up is targeting various sectors, including financial services and banking, as well as use cases involving access control to sensitive areas, including gig economy companies such as Uber, Deliveroo and Frichti.
Unissey is not limiting itself to France, and plans to market its technology in Spain, Canada and Morocco. However, the competition is fierce, with companies such as Thales, Microsoft and even Amazon developing facial recognition technologies.
The Ethical Challenges of Facial Recognition
Although facial recognition enhances security, it raises ethical concerns relating to bias and the difficulty of identifying individuals of colour or ethnic origin.
>> For more information, read the original article by Usine Digitale here.