Haidian District
Beijing, China
Megvii
Megvii Technology Limited operates a face detection, recognition, and analysis platform for Websites, mobile applications, and smart televisions. It offers an online API; offline SDKs to enterprise partners with license charge; and customized cloud services for enterprise partners with service charges. The company offers face detection/tracking, facial point detection, smile analysis, gender/age/race analysis, face verification, face recognition, and large-scale face search solutions. Megvii Research USA is the first North America branch of Megvii / Face++.
Megvii Biometrics News
Biometrics stocks update: Zwipe explores new listing, Ambarella earnings, Megvii IPO
Biometrics companies which are publicly traded or planning to soon be are experiencing the uncertainty of the developing smart cards…
| Aug 30, 2019 | Business and development opportunities top this week’s biometrics and digital ID newsDuring a week of mostly good news for the biometrics industry, top stories on Biometric Update broadly follow themes of… |
| Aug 26, 2019 | Megvii commits to guard against weaponization of facial recognition technologyAs controversial debates and protests against the ethical use of facial recognition technology in daily operations increase around the world,… |
| Aug 23, 2019 | Megvii to file for Hong Kong IPO despite protests and facial recognition controversyBiometrics unicorn and Face++ maker Megvii is about to file for its initial public offering on the Hong Kong Stock… |
| Jun 27, 2019 | Megvii and ams partner to bring 3D facial biometrics to any smart deviceAustria-based sensor specialist ams AG has formed a joint development partnership with Megvii to work on plug-and-play solutions for 3D… |
| Jun 6, 2019 | Megvii cleared of supplying biometrics for Chinese surveillance app but may still delay IPOBiometric facial recognition technology from Megvii’s Face++ was not in fact used in the Integrated Joint Operations Platform (IJOP) used… |
| May 28, 2019 | U.S. considers blacklisting Megvii, Hikvision and other Chinese biometric companiesHikvision, Megvii, and other Chinese biometric companies could soon be blocked from acquiring components and software from American suppliers by… |
| May 15, 2019 | Mix of politics in U.S and UK with investment in biometrics draws concern and criticismA pair of biometrics companies are receiving attention for the political connections of investors. Two investors who run private equity… |
| May 8, 2019 | Megvii raises $750M to expand facial biometrics business ahead of reported Hong Kong IPOMegvii has raised $750 million, giving the Face++ biometric facial recognition-maker a valuation of just over $4 billion ahead of… |
| May 2, 2019 | Megvii accused of providing facial biometrics for repressive Chinese surveillance systemHuman Rights Watch has identified Megvii’s Face++ as a supplier of biometric facial recognition technology for a mobile app used… |
| Mar 20, 2019 | Chinese facial recognition unicorn Megvii reportedly considering IPO on New York Stock ExchangeMegvii is considering its options for an initial public offering which could bring in up to $800 million to support… |
| Feb 18, 2019 | Face biometrics startups lead AI sector in attracting major investmentFacial recognition companies are leaders among the ranks of artificial intelligence startups attracting major investments, with SenseTime totaling $1.63 billion… |
| Jan 28, 2019 | Megvii moves into logistics with AI-powered IoT platformMegvii has launched an IoT platform powered by artificial intelligence to enable the operation of multiple robotic systems at the… |
| Jan 14, 2019 | IPO and $2B funding round could be coming for Chinese AI biometrics unicornsMegvii is considering making an initial public offering on the Hong Kong stock exchange to raise up to $1 billion… |
| Jan 10, 2019 | Megvii demos facial biometrics for Android devices at CES debutMegvii is demonstrating its AI Face Unlocking technology for secure mobile device unlocking and payments with facial biometrics in its… |
| Jan 7, 2019 | Face++ and ams partner for 3D facial recognition solutionsHigh-performance sensor solution company ams and Megvii’s Face++ have formed a co-operative partnership to accelerate the deployment of face recognition… |
| Dec 10, 2018 | Facial recognition competition heating up as Megvii reported in talks with Alibaba to raise $500MMegvii is seeking at least $500 million in new funding, and is in talks with Alibaba Group Holding Ltd. and… |
| Sep 5, 2018 | Megvii partners with smartphone component makers to bring facial biometric payments to Android devicesSemiconductor companies Himax Technologies and MediaTek Inc. have partnered with Megvii to offer an Active Stereo Camera (ASC) 3D sensing… |
| Aug 28, 2018 | Chinese startups take lion’s share as venture capital investment in AI grows 150 percentChinese AI startups overtook their U.S. counterparts in new venture capital funding in 2017, raising nearly $5 billion according to… |
| Jul 23, 2018 | Facial recognition unicorns SenseTime and Megvii raising combined $1.6BInvestment capital continues to pour into Chinese facial recognition firms, as Bloomberg reports that SenseTime could receive nearly $1 billion… |
