12. CloudWalk Technology $253.7M
Round: Venture
Description: Beijing-based CloudWalk Technology is an AI platform that provides facial recognition services for the financial, public security, and aviation sectors. Founded by Zhou Xi in 2015, has now raised a total of ¥3.6B in total equity funding and is backed by investors that include Shunwei Capital, Guangdong Technology Financial Group, Puhua Capital, Haier Capital, and Oriza Holdings.
Investors in the round: China Internet Investment Fund, Enterprise Reform and Development Equity Investment Fund, Guangzhou Nansha Financial Holding, Haier Capital, ICBC International, Yangtze River Delta Collaborative Advantage Industry Fund
Funding month: May
Industry: Artificial Intelligence, Facial Recognition, Information Technology, Machine Learning
Founders: Zhou Xi
Founding year: 2015
Location: Beijing
Total reported equity funding: ¥3.6B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
