Yitu Technology

依图科技

YITU Technology integrates state-of-the-art AI technologies with industrial applications to build a safer, faster and healthier world.

Yitu Technology, founded in September, 2012 and headquartered in Shanghai, is an artificial intelligence technology industry application solution provider. Established by Zhu Long and Lin Chenxi, the company has received financings from Hill House, Sequoia China, Yunfeng Fund and so on. Rivals that have direct and indirect competition with Yitu Technology globally include Senstime, Megvii, Huafu Information, SUALAB, etc.

YITU Technology integrates state-of-the-art AI technologies with industrial applications to build a safer, faster and healthier world.

Sector

Technology

Industry

Software

Sub-industry

Application Software

Founded date

Sep 29, 2012

HQ location

Shanghai, China

Legal name

Shanghai Yitu Network Technology Co., Ltd.

Website

https://www.yitutech.com/en

marketing@yitu-inc.com

Number of Employees

501-1000

News EO

News · 2

News EO

Updated 4 hours ago ·

WeDoctor the Most Valuable Digital Health Company Worldwide, by CB Insights

CB Insights announced the top ten most valuable digital health companies in the world, 2020, including three Chinese companies: WeDoctor, WaterDrop and Yitu Technology. Among them, WeDoctor is currently valued at USD 5.58 billion as the most valuable digital health startup in the world, followed by Tempus, US, and WaterDrop, China, at a value of USD 5 billion and USD 2.9 billion, respectively. The buzz word ‘Digital Health’ here includes those health care companies utilize software and technology as one of their core competitiveness, including illness diagnosis, tech-driven medical insurance platform and AI-based tools for drug discovery, etc. The COVID-19 pandemic is a catalyst that accelerates transforming the global health care industry. According to Startup Health, the fundraising for the healthcare innovation reached USD 9.1 billion in H1 2020 globally, 19% up from the last year.

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Updated 10 hours ago ·

Cloud Management Platform Provider IDCOS Closes Series C, C+ Funding

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Updated 17 hours ago ·

Beijing's 5G Users Exceed 5 Million, as China's Capital Completes Deployment

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Sep 18, 2020 04:01 pm ·

China's Cloud Infrastructure Spending Hits USD 4.3 Bn in Q2 2020, Up 70% YoY

Technology

5G, China's Story

Aug 31, 2020 10:44 pm

Automotive, Technology

EO Intelligence: 'CATL Research Report 2020'

Aug 3, 2020 04:42 pm

Technology

The Star Market Overview 2Q 2020

Jul 23, 2020 03:22 pm

Technology

EO Intelligence – ‘AI Commercialization in China’ Report 2020

Jul 10, 2020 06:00 pm

Financials

Digital Dollars and the Online Yuan: Comparing Fintech in the US and China

Jul 7, 2020 05:01 am

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Sep 18, 2020 03:35 pm ·

GDS to Raise USD 1 Billion Through Hong Kong SPO

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Sep 17, 2020 06:21 pm ·

Big Fund Sells 0.61% of Goodix's Stocks

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Sep 17, 2020 05:55 pm ·

AI Firm iFLYTEK Closes China Mobile-Led Funding Round

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Sep 17, 2020 03:12 pm ·

Alibaba Cloud Debuts Industrial Brain 3.0

Analysts

Beier Kan

Consumer electronics

Yingwei Fu

Software and AI

Ivan Platonov

Technology

Briefing

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Sep 17, 2020 02:49 pm ·

DingTalk Users Increase by 100 Million amid the Pandemic

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Sep 17, 2020 02:37 pm · 36Kr

Weimob Assigns Baidu Ex-VP Watson Yin the New COO

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Sep 17, 2020 12:22 pm ·

UNISOC Launches the World's First Chip-level Smart Helmet Solution

News EO

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News EO

Sep 16, 2020 06:05 pm ·

Sequoia-Backed Shanghai AI Unicorn Yitu to Seek A-Share IPO

Yitu Technology registered with China Securities Regulatory Commission in preparation for an IPO on the A Share market and Guotai Junan Securities is the advisor for the IPO. By now, Yitu and CloudWalk, two of the four ‘China’s Computer Vision Four Dragons,’ have entered the going-public pipeline; the other two, Megvii and SenseTime, have no specific IPO schedule. The Shanghai-based AI unicorn was founded in 2012 and currently valued at CNY 15 billion (USD 2.2 billion). After 10 rounds of financing series, the company is backed by big-name VCs including Hillhouse Capital, Sequoia China, Zhen Fund, Gaorong Capital, state-owned funds and other investors. Yitu is known for its progress in medical image reading and assistive diagnosis. Pioneering in the industry, it is the first company that applied the coronavirus CT scan intelligent evaluation system on the front-line amid the battle against COVID-19. The AI company has been dedicated to advancing digitalization and automation levels in the healthcare industry.

EO analysis

Business Dissection of Ant Group: One-Seventh of Global Population Uses Alipay

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Sep 16, 2020 05:06 pm ·

Cloud Service Provider Internetware Acquires CNY 700 Mn Funding

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Sep 16, 2020 10:51 am ·

China's Top Foundry SMIC Up 9.5% Intraday in Hong Kong

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Sep 16, 2020 10:41 am ·

Sequoia-Backed Ming Yuan Cloud Is Oversubscribed by 98 Times

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Sep 16, 2020 09:53 am ·

China's 5G Users Surpass 110 Mn, Base Stations Reach 500,000

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Sep 15, 2020 06:56 pm · Counterpoint Research

Vivo Led Indonesian Market in 2Q 2020, Followed by OPPO, Samsung and Xiaomi

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Sep 15, 2020 05:18 pm ·

SMIC Applies to the US for Continued Supply to Huawei

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Sep 15, 2020 04:00 pm · Tianyancha

Tencent Registers Trademarks for WeChat's Children Version

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Sep 15, 2020 11:17 am ·

Betting on Electronics, Baidu Launches AI-Powered Earbuds Xiaodu

Analysts

Beier Kan

Consumer electronics

Yingwei Fu

Software and AI

Ivan Platonov

Technology

EO analysis

Business Dissection of Ant Group: One-Seventh of Global Population Uses Alipay