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Security

Watrix AI raises funds to apply gait biometrics

16 November 2018

Chinese start-up Watrix AI has raised CNY100 million (USD14 million) to accelerate the application of gait recognition technology. Financing was led by Shenzhen Hang Bong Investment and Development Co Ltd and Hua He Capital.

Huang Yongzhen, founder and CEO of Watrix AI, said that the funds will be used for continued research and development of products and technology for the security, transportation, and manufacturing sectors.

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