# MEGVII Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/megvii-technology

- Industry: Software
- Headquarters: Beijing, China
- Website: www.megvii.com
- Total disclosed funding: $267M
- Latest round: Series D (May 8, 2019)
- Investors on record: 9

## About

Based in Beijing, China, and founded in 2011, MEGVII Technology Limited operates as an artificial intelligence technology company that mainly provides AI IoT application solutions. It acquired certifications such as ISO27001 information security, ISO22301 business continuity, and ISO27017 cloud service information security management system. The CEO of the company, Qi Yin graduated from Tsinghua University's Yao Class. In May 2019, MEGVII raised USD 200 million in a Series D funding led by Bank of China Group Investment. In April 2025, it closed venture funding from new investor Yufu Capital and returning investors Ant Group and Legend Star.

The company focuses on providing AI IoT application software and hardware solutions. Hardware products include hardware AIoT application computing all-in-one machine, face recognition access control all-in-one machine, network camera, identity verification terminal, robot and intelligent equipment. Software includes urban intelligent perception AI middle platform system, AIoT view comprehensive application platform, robot warehousing and logistics software platform. MEGVII also provides sports education product solutions. Products can be used in consumer electronics, Internet, finance, logistics, and other fields.

The company generates revenue by providing AI IoT application software and hardware solutions such as face recognition access control all-in-one machine and AIoT view comprehensive application platform.

## Funding rounds

- Series D, May 8, 2019, $200M — Abu Dhabi Investment Authority, Bank of China Group Investment, Macquarie Group, ICBC International, Alibaba Group
- Series B, Nov 22, 2016, $20M — HCM Capital
- Series B, May 14, 2015, $25M — Qiming Venture Partners, Sinovation Ventures
- Series B, Nov 5, 2014, $22M — Qiming Venture Partners, Sinovation Ventures
- Series A, Jul 18, 2013 — Sinovation Ventures
- Seed, Jun 1, 2012 — Legend Star

## Investors

- Legend Star (https://capitalatlas.ai/funds/legend-star) — Seed
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series A, Series B
- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series B
- HCM Capital (https://capitalatlas.ai/funds/hcm-capital) — Series B
- Abu Dhabi Investment Authority — Series D
- Bank of China Group Investment — Series D
- Macquarie Group (https://capitalatlas.ai/funds/macquarie-group) — Series D
- ICBC International (https://capitalatlas.ai/funds/icbc-international) — Series D
- Alibaba Group — Series D