About Megvii
Megvii is a company based in Beijing (China) founded in 2011 by Qi Yin.. Megvii has raised $1.98 billion across 10 funding rounds from investors including Citi, Goldman Sachs and Alibaba Group. Megvii operates in a competitive market with competitors including Unico, Evrotrust, Dahua Technology, IntelliFusion and Oosto, among others.
- Headquarter Beijing, China
- Founders Qi Yin
- Stage Unicorn
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Sectors
Industrial Goods & ManufacturingFinancial Services Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.98 B (USD)
in 10 rounds
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Latest Funding Round
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Investors
Citi
& 17 more
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Employee Count
Employee Count
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Funding Insights of Megvii
Megvii has successfully raised a total of $1.98B across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Last Round
- First Round First Round
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series D - Megvii | Valuation |
investors |
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| May, 2019 | Amount | Series D - Megvii | Valuation | BOC Investment | |
| Sep, 2018 | Amount | Series D - Megvii | Valuation | Alibaba Group |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Megvii
Megvii has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Goldman Sachs and Alibaba Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investments in China are managed by BOC Investment.
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Founded Year | Domain | Location | |
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Boyu Capital is recognized as a leading alternative asset management firm.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Megvii
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Megvii
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Megvii Comparisons
Competitors of Megvii
Megvii operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Unico, Evrotrust, Dahua Technology, IntelliFusion and Oosto, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
AI-based identity verification and electronic signing are provided for businesses.
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| domain | founded_year | HQ Location |
AI and cloud-based video surveillance systems are developed.
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| domain | founded_year | HQ Location |
Provider of AI and cloud-based vision processing units for video analytics applications
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| domain | founded_year | HQ Location |
AI-powered video analytics systems are provided for security and operations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Megvii
Frequently Asked Questions about Megvii
When was Megvii founded?
Megvii was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Megvii located?
Megvii is headquartered in Beijing, China.
Who is the current CEO of Megvii?
Qi Yin is the current CEO of Megvii. They have also founded this company.
Is Megvii a funded company?
Megvii is a funded company, having raised a total of $1.98B across 10 funding rounds to date. The company's 1st funding round was a Series D of $600M, raised on Jun 01, 2012.
What does Megvii do?
Megvii was founded in 2011 and is headquartered in Beijing, China. Operations focus on the AI sector, where hardware and software for intelligent video analysis, including facial recognition, are developed. A robotics division handles material handling and automated warehouse systems. Cloud computing services for exascale resource scheduling and exabyte data storage management are also maintained.
Who are the top competitors of Megvii?
Who are Megvii's investors?
Megvii has 18 investors. Key investors include Citi, Goldman Sachs, Alibaba Group, Ant Group, and Foxconn Electronics.
What is Megvii's valuation?
The valuation of Megvii is $4B as of May 2019.
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