VeryAI has raised $10 million in seed funding led by Polychain Capital, with participation from Berggruen Institute and Anagram, to build a Proof of Reality platform for the internet. The company's first product is a hardware-free palm scan identity verification system designed to combat AI-generated identities and media. Unlike facial recognition, palm patterns are rarely publicly shared and harder to replicate artificially. The platform converts palm scans into irreversible feature representations rather than storing raw biometric data. VeryAI is also developing deepfake detection systems to analyse whether digital content has been artificially generated or manipulated. The funding will support team expansion and product development as platforms increasingly struggle to verify real users and authentic content amidst rising bot activity and AI-generated fraud.

Quantum Leap, a cybersecurity and intelligence solutions provider, has acquired Veros Technologies, a premier provider of cyber operations and communications solutions to the US Intelligence Community and Department of War. Financial terms were not disclosed. Virginia-based Veros employs 125 engineers and specialists with expertise in cyber operations, vulnerability research, tool development and secure communications systems. The acquisition expands Quantum Leap's capabilities in the cyber domain for national security missions. "Bringing together these two leading teams creates a one-of-a-kind capability offering in the cyber domain," said Jim Miller, CEO of Quantum Leap. The combined entity will serve an expanding client base addressing high-priority threats. Robert W. Baird & Co. advised Veros on the transaction. Quantum Leap is backed by Carlyle.