12. CloudWalk Technology $253.7M
Description: Beijing-based CloudWalk Technology is an AI platform that provides facial recognition services for the financial, public security, and aviation sectors. Founded by Zhou Xi in 2015, has now raised a total of ¥3.6B in total equity funding and is backed by investors that include Shunwei Capital, Guangdong Technology Financial Group, Puhua Capital, Haier Capital, and Oriza Holdings.
Investors in the round: China Internet Investment Fund, Enterprise Reform and Development Equity Investment Fund, Guangzhou Nansha Financial Holding, Haier Capital, ICBC International, Yangtze River Delta Collaborative Advantage Industry Fund
Funding month: May
Industry: Artificial Intelligence, Facial Recognition, Information Technology, Machine Learning
Founders: Zhou Xi
Founding year: 2015
Total reported equity funding: ¥3.6B
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