Megvii

IPO

Power Humanity with AI

Public · Beijing, China · Founded 2011 · $1.3B raised

Headquarters
Beijing
Employees
1001–5000
Founded
2011
Business Model
B2B
Total Funding
$1.3B
Last Round
$750.0M Series EApr 2025
Rounds
5
Type
Public

About

Megvii develops an integrated AI and IoT ecosystem. The company offers hardware devices including face recognition terminals, intelligent analysis systems, and IP cameras; software platforms like Megvii Pangu (AIoT operating system); and solutions for consumer IoT, city IoT, and enterprise IoT applications. Their proprietary Brain++ platform encompasses AI development tools including MegEngine (deep learning framework), MegCompute (cloud computing), and MegData (data management).

Summary

Megvii is an Artificial Intelligence company based in Beijing, China, founded in 2011. It has raised $1.3B in total across 5 rounds, most recently a $750.0M Series E round in Apr 2025. Investors include Coatue Management, Ant Financial and Sinovation Ventures.

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Funding History

Series ESeries EApr 2025

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Full funding history, per-round amounts, and investor participation.

Investors

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