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Founded Year

2011

Stage

Series D - II | Alive

Total Raised

$1.358B

Valuation

$0000 

Last Raised

$750M | 5 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-86 points in the past 30 days

About MEGVII

MEGVII is a company that specializes in artificial intelligence, with a particular focus on deep learning. The company offers full-stack solutions that integrate algorithms, software, hardware, and AI-empowered IoT devices, aiming to help customers optimize costs, improve efficiency, and address business challenges. MEGVII's solutions are primarily used in personal IoT to enhance user experience on personal devices, city IoT to enhance public safety and optimize city management, and supply chain IoT to improve efficiency through AI-empowered robots and sensors. It was founded in 2011 and is based in Beijing, Beijing.

Headquarters Location

3rd Floor, Building A, Rong Ke Zi Xun Center Ke Xue Yuan Road South No.2, Haidian District

Beijing, Beijing,

China

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ESPs containing MEGVII

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Enterprise Applications

The emotion sensing market is focused on providing businesses with insights into their customers' emotions and behaviors. This includes detecting attention, drowsiness, and distraction in drivers, measuring consumers' subconscious preferences towards digital, media, and retail experiences, and deducing intelligent and actionable insights from conversations using 3rd generation analytics. The marke…

MEGVII named as Challenger among 12 other companies, including CallMiner, Cogito, and Smart Eye.

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Expert Collections containing MEGVII

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MEGVII is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,244 items

A

AI 100

199 items

Winners of CB Insights' annual AI 100, a list of the 100 most promising AI startups in the world.

M

Market Research & Consumer Insights

734 items

This collection is comprised of companies using tech to better identify emerging trends and improve product development. It also includes companies helping brands and retailers conduct market research to learn about target shoppers, like their preferences, habits, and behaviors.

A

Artificial Intelligence

14,767 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

S

Store tech (In-store retail tech)

34 items

Companies driving more efficient payment and checkout for retailers and shoppers.

S

Sales & Customer Service Tech

898 items

Companies offering technology-driven solutions for brands and retailers to enable customer service before, during, and after in-store and online shopping.

MEGVII Patents

MEGVII has filed 89 patents.

The 3 most popular patent topics include:

  • computer storage media
  • rotating disc computer storage media
  • video game storage media
patents chart

Application Date

Grant Date

Title

Related Topics

Status

1/25/2017

4/23/2024

Dosage forms, Spectroscopy, Electromagnetic radiation, Drug delivery devices, Energy conversion

Grant

Application Date

1/25/2017

Grant Date

4/23/2024

Title

Related Topics

Dosage forms, Spectroscopy, Electromagnetic radiation, Drug delivery devices, Energy conversion

Status

Grant

Latest MEGVII News

Top leader of Vietnam visits Central Party School of China

Aug 20, 2024

20/08/2024   12:18 (GMT+07:00) General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam visited and had a working session with the Central Party School of the Communist Party of China in Beijing on August 20 morning. The meeting was attended by Li Shulei, Politburo member, Secretary of the CPC Central Committee’s Secretariat and head of the CPC Central Committee’s Publicity Department, along with leaders, professors, lecturers, and students of the school. The Chinese Central Party School provides training for medium- and high-ranking officials, as well as cadres working on youth affairs from across China. It holds an important position in the research, popularisation, and promotion of the CPC’s ideology. It serves as a national research institute for social sciences and philosophy, and also a new-style high-level advisory body with Chinese characteristics. General Secretary of the CPC Central Committee and President of China Xi Jinping, as well as preceding leaders of the country like Mao Zedong and Liu Shaoqi, used to act as rectors of this school. Addressing the meeting, General Secretary and President To Lam said that with its significant contributions and outstanding achievements, the school has gained a large number of good experiences in all aspects, from researching, teaching, training, and building of the cadre contingent to innovation, technology application, and development promotion, which is a good source of reference for Vietnam. He noted as the one who founded, led, and trained the CPV, late President Ho Chi Minh always affirmed that personnel and personnel affairs form a critically pivotal and urgent issue that affects everything, and that personnel are the roots of all jobs, so training personnel is the root work of the Party. Inheriting and developing the thought of Ho Chi Minh, personnel and theoretical affairs are always among the fundamental issues to which the CPV attaches special importance throughout its congresses. Personnel, cadre training, and theoretical affairs also received special attention from late General Secretary of the CPV Central Committee Nguyen Phu Trong, a particularly excellent leader of the Vietnamese Party and State, a staunch and prestigious Party member, a brilliant example of studying and following Ho Chi Minh’s thought, morality and style, a keen theorist, and also a great friend of the Chinese people as General Secretary and President Xi described, according to Lam. General Secretary of the Communist Party of Vietnam Central Committee and President of Vietnam To Lam (front, second from left) visits the hall of traditions of the Central Party School of the Communist Party of China on August 20. (Photo: VNA) He emphasised that over the past years, cooperation between the Chinese Central Party School and Vietnamese partners, including the Ho Chi Minh National Academy of Politics, has been unceasingly consolidated and developing extensively. The two schools have worked together for more than 30 years, since 1993, with a wide range of activities. Their cooperation has obtained many outstanding results, directly helping the Vietnamese academy improve its research and teaching capacity, and also reform its training framework and methodology along with policy research and consulting. That has helped enrich the theoretical achievements of the two Parties and contribute to the enhancement of bilateral cooperation, the Vietnamese leader added. Lam briefed the participants on major tasks of the Vietnamese Party in the time ahead, including preparations for the 14th National Party Congress. Regarding the freshly-signed memorandum of understanding between the Chinese school and the Ho Chi Minh National Academy of Politics (HCMA), he suggested them step up exchanges, and the sharing of theories on Party building and national management, as well as experience in personnel training and theoretical research. The two sides should co-organise workshops on scientific research, both online and offline, he continued. Stressing Vietnam’s demand for improving the capacity of its officials and Party members, especially managers, the leader suggested the Chinese school help with the work through flexible forms. Writing on the guest book, Lam expressed his belief that the school will carry forward its traditions to outstandingly complete the tasks and missions assigned by the CPC Central Committee, and his wish that the relations between the school and its Vietnamese partners will grow more intensively, effectively and practically, contributing to fostering the Vietnam-China comprehensive strategic cooperative partnership, and building the Vietnam-China community with a shared future that carries strategic significance. Also in the morning of August 20, Party General Secretary and State President To Lam and the Vietnamese delegation visited MEGVII technology company in Beijing. Founded in 2011, MEGVII is a leading technology firm specialising in artificial intelligence (AI) products and solutions. The company employs nearly 3,000 employees and operates research and development centres in Beijing, Shanghai, Shenzhen, Wuhan, Nanjing, and Chengdu. MEGVII's commercial products have supported hundreds of thousands of developers and served over 3,000 clients worldwide. So far, MEGVII has won 28 global AI competitions, owned about 1,900 patents and has contributed to the development of 33 AI industry standards in China. The company has also collaborated with universities to establish talent training facilities and develop educational programmes. MEGVII’s research institute in visual computing is renowned for its leading global scale and extensive academic relationships with research institutions around the world, achieving widely recognised technical milestones. With its advanced research capabilities and practical expertise in AI, MEGVII has established an integrated AI product system that combines hardware and software, providing industry solutions for the Internet of Things (IoT) and other sectors./.VNA

MEGVII Frequently Asked Questions (FAQ)

  • When was MEGVII founded?

    MEGVII was founded in 2011.

  • Where is MEGVII's headquarters?

    MEGVII's headquarters is located at 3rd Floor, Building A, Rong Ke Zi Xun Center, Beijing.

  • What is MEGVII's latest funding round?

    MEGVII's latest funding round is Series D - II.

  • How much did MEGVII raise?

    MEGVII raised a total of $1.358B.

  • Who are the investors of MEGVII?

    Investors of MEGVII include Alibaba.com, Abu Dhabi Investment Authority, Macquarie Group, Bank Of China Group Investment, ICBC Asset Management and 15 more.

  • Who are MEGVII's competitors?

    Competitors of MEGVII include Algoface, MorphCast, Tunicorn Technology, Paravision, Cloudwalk and 7 more.

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