Face++ Overview
- Year Founded
-
2011

- Status
-
IPO Registration
- Employees
-
3,000

- Latest Deal Type
-
IPO
- (Announced)
- Latest Deal Amount
-
$922M
- Investors
-
18
Face++ General Information
Description
Developer of artificial intelligence specializing in IoT applications. The company has developed an AIoT product system built around integrated hardware and software solutions catering to three core applications: Consumer IoT, City IoT, and Supply Chain IoT, enabling clients to quickly and efficiently build an AI infrastructure.
Contact Information
Website
www.megvii.comCorporate Office
- Jinnovation Park Building S1
- No. 27 Jiancaicheng Middle Rd, Haidian District
- Beijing
- China
Corporate Office
- Jinnovation Park Building S1
- No. 27 Jiancaicheng Middle Rd, Haidian District
- Beijing
- China
Face++ Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
12. IPO | 12-Jan-2021 | $922M | Announced | Generating Revenue | ||
11. IPO | 01-Nov-2019 | Cancelled | Generating Revenue | |||
10. Secondary Transaction - Private | 17-Sep-2020 | Completed | Generating Revenue | |||
9. Secondary Transaction - Private | 01-Jan-2020 | Completed | Generating Revenue | |||
8. Later Stage VC (Series D) | 08-May-2019 | Completed | Generating Revenue | |||
7. Later Stage VC (Series C) | 31-Oct-2017 | Completed | Generating Revenue | |||
6. Secondary Transaction - Private | 31-Mar-2017 | Completed | ||||
5. Early Stage VC (Series B1) | 06-Dec-2016 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 06-Nov-2014 | $22M | $23.2M | Completed | Generating Revenue | |
3. Early Stage VC | 23-Sep-2014 | $1.16M | Completed | Generating Revenue |
Face++ Comparisons
Industry
Financing
Details
Face++ Competitors (44)
One of Face++’s 44 competitors is YITU, a Venture Capital-Backed company based in Shanghai, China.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
YITU | Venture Capital-Backed | Shanghai, China | ||||
Extreme Vision Technology | Venture Capital-Backed | Shenzhen, China | ||||
DeepGlint | Formerly VC-backed | Beijing, China | ||||
Percent (China) | Private Equity-Backed | Beijing, China | ||||
Acryl | Venture Capital-Backed | Seoul, South Korea |
Face++ Patents
Face++ Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20220375234-A1 | Lane line recognition method, device and storage medium | Pending | 21-Nov-2019 | ||
US-20220222950-A1 | Fatigue detection method and apparatus, and readable storage medium | Inactive | 17-May-2019 | ||
US-20220107398-A1 | Method for controlling working frequency of tof sensor, and apparatus, device, and medium | Pending | 18-Apr-2019 | ||
JP-6924804-B2 | Picking scheduling method, equipment, storage system and readable storage medium | Active | 15-Mar-2019 | ||
JP-2020147444-A | Picking scheduling method, device, storage system and readable recording medium | Active | 15-Mar-2019 |
Face++ Signals
Face++ Investors (18)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Abu Dhabi Investment Authority | Sovereign Wealth Fund | Minority | ||
Alibaba Group | Corporation | Minority | ||
Ausvic Capital | Venture Capital | Minority | ||
Bank of China Group Investment | PE/Buyout | Minority | ||
Boyu Capital | PE/Buyout | Minority |
Face++ Investments & Acquisitions (9)
Face++’s most recent deal was a Later Stage VC with Whalehouse Technology for . The deal was made on 12-Nov-2021.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Whalehouse Technology | 12-Nov-2021 | Later Stage VC | Logistics | ||
Orange Finance | 29-Apr-2021 | Later Stage VC | Financial Software | ||
EasyLinkin | 16-Oct-2019 | Later Stage VC | Electronic Equipment and Instruments | ||
Whalehouse Technology | 16-Jan-2019 | Later Stage VC | Logistics | ||
Good neighbor Convenience Store | 02-Nov-2018 | Later Stage VC | Department Stores |
Face++ FAQs
-
When was Face++ founded?
Face++ was founded in 2011.
-
Where is Face++ headquartered?
Face++ is headquartered in Beijing, China.
-
What is the size of Face++?
Face++ has 3,000 total employees.
-
What industry is Face++ in?
Face++’s primary industry is Business/Productivity Software.
-
Is Face++ a private or public company?
Face++ is a Private company.
-
What is Face++’s current revenue?
The current revenue for Face++ is
. -
How much funding has Face++ raised over time?
Face++ has raised $1.26B.
-
Who are Face++’s investors?
Abu Dhabi Investment Authority, Alibaba Group, Ausvic Capital, Bank of China Group Investment, and Boyu Capital are 5 of 18 investors who have invested in Face++.
-
Who are Face++’s competitors?
YITU, Extreme Vision Technology, DeepGlint, Percent (China), and Acryl are some of the 44 competitors of Face++.
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