6. MEGVII $750.0M
Round: Series D
Month of Funding: May
Description: Beijing-based Megvii builds AI Engine, a core fundamental technology powering various AI application. Founded by Qi Yin, Wenbin Tang, and Yang Mu in 2011, MEGVII has now raised a total of $1.4B in total equity funding and is backed by investors that include Abu Dhabi Investment Authority, Alibaba Group, Ant Financial, Macquarie Group, and Qiming Venture Partners.
Industry: Artificial Intelligence, Facial Recognition, Image Recognition, Mobile, Robotics, Software
Founders: Qi Yin, Wenbin Tang, Yang Mu
Founding year: 2011
Total equity funding raised: $1.4B
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