36氪 was informed that Yuntianhan Technology Development Co., Ltd. (hereinafter referred to as “Yuntianhan”), which focuses on biometric 3D finger vein technology, has recently completed A round of financing. According to reports, the investor in this round of financing is Beijing Energy Industry Internet Research Institute Co., Ltd., with an amount of tens of millions of yuan.
At present, biometric technology has been known by thousands of households. Among them, due to the high maturity of market promotion and terminal products, fingerprint, face and iris recognition are relatively more well-known technologies on the C side. But in addition, there are also biometric technologies such as veins that also have differentiated characteristics and play a role in subdivided scenarios.
Yun Tianhan, which 36氪 came into contact with a few days ago, is a company that is deeply involved in 3D finger vein technology and solutions. Founder and CEO Tang Zhenhua introduced to 36Kr that he had many entrepreneurial experiences in the field of technology earlier. In 2018, he learned about the technical characteristics and business prospects of finger vein technology, so he decided to set up Yuntianhan, focusing on three-dimensional finger vein recognition. The development of algorithm technology. In 2019, the company has completed key technological breakthroughs and has 21 authorized patents. Tang Zhenhua emphasized that Yuntianhan Technology is currently the only company with 3D finger vein technology in China.
Specifically, finger vein biometric technology is a recognition technology that can irradiate the finger with light of a specific wavelength according to the blood flowing in the human finger can absorb light of a specific wavelength, so as to obtain a clear image of the finger vein. Tang Zhenhua introduced to 36氪 that compared with other biometric technologies, finger vein recognition is more stable and safer. For example, fingerprint recognition may be difficult to recognize when the user’s fingers are not dry, peeling, or the fingerprints themselves are not deep (such as the elderly and children). However, the technical principle of finger vein recognition determines that it has a more stable performance in these scenarios. The extraction dimension of 3D finger vein recognition is richer, and the image is no longer single-view imaging, but multi-view imaging, which has better stability than 2D finger vein recognition.
According to Tang Zhenhua, the two problems that restricted the development of finger vein technology in the past were the price and size of the product. After the establishment of Yuntianhan in 2018, the company has optimized the pain points of these two industries. First of all, in terms of price, Yuntianhan lowered the price of finger vein modules by optimizing the supply chain and chip procurement. “In the past, in some bidding scenarios, the fingerprint module was quoted at 1,500 yuan, while the finger vein was quoted at 3,000 yuan. Now we have reduced its price to about one-tenth of the original price.” Tang Zhenhua said. In addition, in terms of size, the size of the finger vein module was too large in the past, and Tang Zhenhua said that another important work of Yuntianhan in the past few years is to reduce the size of the module – it has reduced the size of the finger vein products through industry-university-research collaboration. The volume is reduced by more than 30% compared with similar products in the market, thereby improving the convenience of use of such products.
At present, Yuntianhan’s finger vein recognition products mainly follow the B2B model, that is, provide modules to terminal enterprises in need. Specifically, due to the safe and stable features of finger vein recognition technology, Yuntianhan’s current customer base mainly includes three categories of military, domestic alternative and consumer electronics manufacturers. Tang Zhenhua said that Yuntianhan has reached cooperation with Huawei and China Electronics’ domestic alternative technology ecosystem to improve the security of computers together. At the consumer electronics level, smart door locks and smartphones are the main scenes of Yuntianhan. In contrast, finger vein recognition can show a more stable effect than fingerprint recognition in smart door lock scenarios. “Finger vein recognition is more friendly to the elderly, children and other family members who do not have deep fingerprints.” Tang Zhenhua said. In terms of smartphones, the company has now completed the polishing of the second prototype.
In terms of overall revenue, Yuntianhan’s current revenue mainly comes from the first two customers, but Tang Zhenhua believes that in the future, finger vein recognition has great potential in C-side scenarios such as smart homes. “Currently, it is mainly limited by the volume of the market, and the recognition of finger vein recognition in the hearts of ordinary people is not as good as that of fingerprints and iris. In the future, with the improvement of recognition, finger vein recognition will also grow faster in C-end user scenarios.” he thinks.
In terms of team, the company’s founder and CEO Tang Zhenhua graduated from Tsinghua University with a master’s degree in computer science. Earlier, he served as the technical research and development of the Ministry of Aerospace 502, the marketing director of Oracle, and Israel’s Allot.Ltd as a partner in China. In addition, he also founded Beijing Tom Shengxing Company in 2006, independently developed interactive voice response system software, call center solutions, CRM customer relationship management solutions, etc. The company’s CTO Zhang Yingfu has worked in China Telecom Group and China Telecom Cloud Computing Company. He has served as the chief data architect of the big data business department and the director of the data operation department. He is responsible for the collection, aggregation and processing of various data of China Telecom, data quality control, data operation, etc. Work.
It is understood that after this financing, the company also plans to continue to polish the products and carry out market promotion to further enhance the market share and popularity of its own 3D finger vein technology and solutions.
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