Megvii
Megvii's full profile: funding, valuation, competitors, and the people behind the company.
Awaira Score
Out of 100
HQ
China
Founded
2011
Raised
$1.4B
Stage
Private
Team
1000+
About Megvii
Megvii develops computer vision AI systems under its Face++ brand, producing facial recognition, human body analysis, and object detection technologies deployed in financial services authentication, smart city surveillance, retail analytics, and industrial quality control across China and international markets. The Beijing company also develops AI chips for edge inference through its Megvii…
Key Facts
- Megvii is valued at $4B as of March 2026.
- Megvii has raised a total of $1.4B in disclosed funding across 4 funding rounds.
- Megvii was founded in 2011 by Yin Qi and is headquartered in China.
- Megvii employs approximately 1000+ people.
- Megvii operates in the Computer Vision category and is currently at the Private stage.
- Megvii has an Awaira Score of 80/100, ranking it among the highly notable AI companies on Awaira.
- Megvii's most recent funding round was a Series D of $750M closed in May 2019, led by Bank of China.
Source: Awaira · Updated Mar 24, 2026
Valuation
$4B
Post-money
Total Raised
$1.4B
All rounds
Awaira Score
80/100
Founded
2011
1000+ employees
Strengths & Risks
Strengths
Raised over $1.4B — one of the best-funded AI companies
Unicorn status with $4B valuation
Elite Awaira Score of 80/100
Analysis based on publicly available data. Not investment advice.
Funding Velocity
4
Total Rounds
$410.67M
Avg Round Size
6.0yr
Funding Span
Megvii raised 4 rounds over 6.0 years, averaging $410.67M per round — a pace of roughly one round every 18 months.
Awaira estimate based on public data. Not financial advice.
How does Megvii stack up against competitors?
Competitor Comparison
| Metric | ★Megvii | Trax Retail | SenseTime | Tractable |
|---|---|---|---|---|
| Awaira Score | 80/100 | 84/100 | 82/100 | 80/100 |
| Total Raised | $1.4B | $900M | $2.82B | $185M |
| Valuation | $4B | $2B | $11.1B | $1B |
| Stage | Private | Series F | Public | Series E |
| Founded | 2011 | 2010 | 2014 | 2014 |
| Employees | 1000+ | 500-1000 | 1000+ | 100-500 |
| Country | 🇨🇳 | 🇸🇬 | 🇨🇳 | 🇬🇧 |
Investors in Megvii
Funding Rounds
InactiveLed by Bank of China
$750M
May 2019
Led by China State-Owned Capital Venture Investment Fund
$460M
Oct 2017
Led by Qiming Venture Partners
$22M
Jul 2014
Led by Sinovation Ventures
Undisclosed
Jun 2013
Megvii Latest News
Qiming Venture Partners Leads $200M Round in Chinese AI Giant Megvii
Megvii Reports Strong Growth as AI Industry Accelerates
Megvii Launches Computer Vision AI with 99% Accuracy on Industry Benchmarks
Megvii Expands AI-Powered Smart Logistics Solutions Across China
Open Positions at Megvii
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