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Megvii

Megvii

The company offers face detection/tracking, facial point detection, smile analysis, gender/age/race analysis, face verification, face recognition, and large-scale face search solutions.

OVERVIEW

Category
AI
Headquarter
Beijing, China
Founded Time
Nov. 1, 2018
Latest Funding
Series D
Company Size
150-300
Also Known As
北京旷视科技, Face++, FacePlusPlus, Kuangshi Ke Ji, Megvii Technology
Legal Name
Beijing Megvii Co.,Ltd.
Name (Chinese)
Megvii
Legal Name (Chinese)
北京旷视科技有限公司
Website
Email Address
media@megvii.com
Phone Number
400-910-1616
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FUNDING

Number of Funding Rounds 6
Total Funding Amount USD 1.18B
Announcement Date Funding Round Funding Raised Lead Investor(s)
Jul. 23, 2018 Series D 600.00M Alibaba Group,Boyu Capital
Oct. 31, 2017 Series C 460.00M China State-Owned Assets Venture Investment Fund,Ant Financial,Sunshine Insurance Group Co Ltd,Russia-China Investment Fund,Sunshine Insurance Group Co Ltd,Foxconn Technology Group
Dec. 31, 2016 Series C 100.00M Sinovation Ventures,Qiming Venture Partners,Foxconn Technology Group,Foxteq Holdings,CCB International
Jul. 1, 2014 Series B 22.00M Sinovation Ventures,Qiming Venture Partners
Jul. 18, 2013 Series A 0.00 Sinovation Ventures
Aug. 12, 2012 Angel Round 0.00 Comet Labs
Announcement Date

Jul. 23, 2018

Funding Round

Series D

Funding Raised

600.00M

Lead Investor(s)

Alibaba Group,Boyu Capital

Announcement Date

Oct. 31, 2017

Funding Round

Series C

Funding Raised

460.00M

Lead Investor(s)

China State-Owned Assets Venture Investment Fund,Ant Financial,Sunshine Insurance Group Co Ltd,Russia-China Investment Fund,Sunshine Insurance Group Co Ltd,Foxconn Technology Group

Announcement Date

Dec. 31, 2016

Funding Round

Series C

Funding Raised

100.00M

Lead Investor(s)

Sinovation Ventures,Qiming Venture Partners,Foxconn Technology Group,Foxteq Holdings,CCB International

Announcement Date

Jul. 1, 2014

Funding Round

Series B

Funding Raised

22.00M

Lead Investor(s)

Sinovation Ventures,Qiming Venture Partners

Announcement Date

Jul. 18, 2013

Funding Round

Series A

Funding Raised

0.00

Lead Investor(s)

Sinovation Ventures

Announcement Date

Aug. 12, 2012

Funding Round

Angel Round

Funding Raised

0.00

Lead Investor(s)

Comet Labs

UPDATES

Megvii’s Computer Vision AI Technology in 2G, 2B and 2C Segments
While there has been a lot of media buzz about AI in recent years, Megvii, a rare game-changer in the Computer Vision field, has caught investors’ attention.

While there has been a lot of media buzz about AI in recent years, Megvii, a rare game-changer in the Computer Vision field, has caught investors’ attention.

Chinese AI Start-up Megvii Closes D Series Funding of USD 750 Million
Megvii closes D series funding of USD 750 million, which raises Megvii’s valuation to slightly over USD 4 billion as it prepares for an initial public offering in Hong Kong planned for later this year.

Megvii closes D series funding of USD 750 million, which raises Megvii’s valuation to slightly over USD 4 billion as it prepares for an initial public offering in Hong Kong planned for later this year.

Megvii Makes No Comments on IPO News Instead of Denial
Megvii, as one of China's AI technology unicorn, is said to be listed in Hong Kong stock exchange. Megvii's AI technology landed in real practice even before AI is a hot topic. To be listed or not is only a time issue.

Megvii, as one of China's AI technology unicorn, is said to be listed in Hong Kong stock exchange. Megvii's AI technology landed in real practice even before AI is a hot topic. To be listed or not is only a time issue.

Megvii Launches The Largest Checkout Dataset
Megvii claims its Nanjing based research center has developed the largest scale of retail product checkout dataset name as PRC in terms of the number of images and categories.

Megvii claims its Nanjing based research center has developed the largest scale of retail product checkout dataset name as PRC in terms of the number of images and categories.

From Face++ to Megvii, The Company Needs A New Story
Only by transforming ones’ direction of development from technology providers into commercial delivery platforms will these computer vision startups be valued at a higher level.

Only by transforming ones’ direction of development from technology providers into commercial delivery platforms will these computer vision startups be valued at a higher level.

Megvii's Principal Scientist Dr SUN Joined Xi’an Jiaotong University
The university announced the new establishment of the Artificial Intelligence College. Dr SUN Jian (孙剑), the principal scientist of Megvii, becomes the dean of the new college.

The university announced the new establishment of the Artificial Intelligence College. Dr SUN Jian (孙剑), the principal scientist of Megvii, becomes the dean of the new college.

Megvii Released Its Operating System Hetu And Upgrade Its Strategic System
The Megvii Robot Strategic Conference was held in Beijing on January 16, 2019. Megvii released its brand new flagship product: Hetu.

The Megvii Robot Strategic Conference was held in Beijing on January 16, 2019. Megvii released its brand new flagship product: Hetu.

Megvii Brought Its Artificial Intelligence Technology To CES 2019
As the leading company in artificial intelligence software, Megvii attended CES 2019 (International Consumer Electronics Show 2019) in Las Vegas on Januanry 8, 2019.

As the leading company in artificial intelligence software, Megvii attended CES 2019 (International Consumer Electronics Show 2019) in Las Vegas on Januanry 8, 2019.

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