# Shanghai Yitu Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-yitu-technology-co

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.yitutech.com
- Total disclosed funding: $355M
- Latest round: Series C (Jul 16, 2018)
- Investors on record: 10

## About

Founded in 2012 and based in Shanghai, China, Yitu Technology operates as a computer vision technology developer that provides information acquisition and human-computer interaction products. China Telecom Group has become the strategic partner of the company in 2020. The company has promoted cloud visual reasoning chip QuestCore (qiusuo) in 2019. The voice open platform of the company launched in 2018. The company cooperates with Aliyun, China Unicom and Tencent. 

The company provides information acquisition and human-computer interaction products for many industries such as smart city, smart healthcare and smart business. The company's products include voice open platform and AI open innovation platform. Voice open platform includes short voice dictation, long voice transcription and voice content review. The business of the company includes ultra-high-performance computing hardware R&D such as AI algorithm software and chips, and servers.

The company has many clients such as Tongji Hospital, China Merchants Bank and Schneider Electric. 

The company will invest in developing business and expanding market layout.

## Funding rounds

- Series C, Jul 16, 2018, $100M — Ciit Asset Management
- Series C, Jun 12, 2018, $200M — ICBC International, Gaocheng Capital, SPDB International Capital
- Series C, May 15, 2017, $55M — Hong Shan, YF Capital, Hillhouse Investment, ZhenFund, Gaorong Ventures, ZWC Ventures
- Series B, Jun 2, 2016 — YF Capital
- Series A, Dec 12, 2014 — Hong Shan, Gaorong Ventures
- Angel, Jun 1, 2013 — ZhenFund

## Investors

- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Series C
- Hong Shan — Series A, Series C
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series A, Series C
- YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series B, Series C
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series C
- ZWC Ventures (https://capitalatlas.ai/funds/zwc-ventures) — Series C
- ICBC International (https://capitalatlas.ai/funds/icbc-international) — Series C
- Gaocheng Capital (https://capitalatlas.ai/funds/gaocheng-capital) — Series C
- SPDB International Capital (https://capitalatlas.ai/funds/spdb-international-capital) — Series C
- Ciit Asset Management (https://capitalatlas.ai/funds/ciit-asset-management) — Series C