Megvii
- hard tech
- analytics
- core ai
- ai applications
- industrial technology
- verified unicorns and $1b exits
- cloud computing
- image recognition
- industrial robotics
- ai model layer
- facial recognition
- behavioral analysis
- warehouse automation
- face recognition
- intralogistics
- autonomous mobile robots
- unmanned ground vehicle
- ai model maker
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Series A | ||
$22.0m | Series B | ||
N/A | $25.0m | Series B | |
$100m Valuation: $1.9b | Series C | ||
* | $460m | Series C | |
$327m | Series D | ||
$750m Valuation: $4.0b | Series D | ||
Total Funding | $1.7b |
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Recent News about Megvii
EditMegvii, accessible via megvii.com, is a technology company specializing in artificial intelligence (AI) and computer vision. The company develops advanced face recognition software, which is used for payment systems, personal verification, and corporate security. Their products include face detection, face analysis, and image recognition. They also offer Optical Character Recognition (OCR) for document and text identification.
Megvii serves a diverse range of clients, including corporations, office buildings, and community management systems. Their technology is widely used in various scenarios such as entry pads, production facilities, and uniform management. The company operates in the global AI and computer vision market, providing services through APIs (Application Programming Interfaces) and SDKs (Software Development Kits), which allow other businesses to integrate Megvii's technology into their own systems.
The business model of Megvii revolves around selling their AI and computer vision solutions to other companies. They make money by licensing their software, providing custom AI solutions, and offering ongoing support and updates. Additionally, Megvii has developed a 3A Smart Logistics Solution, which integrates AI with Internet of Things (IoT) technologies to enhance supply chain efficiency. This solution includes smart warehouse and logistics park systems, which help businesses reduce costs and improve flexibility.
Megvii's innovative use of deep neural networks and cloud-based platforms positions them as a leader in the AI industry. They have received recognition for their technological advancements, such as winning the Japanese MH Award for their AMR (Autonomous Mobile Robot) project, which showcases their expertise in AI-driven logistics.
Keywords: AI, face recognition, computer vision, OCR, deep learning, logistics, IoT, SDK, API, supply chain.