Megvii

Megvii Technology, also known as Face++, is a Chinese technology company that specializes in artificial intelligence (AI) technologies for computer vision and facial recognition. The company was founded in 2011 and is headquartered in Beijing, China. Megvii Technology offers a range of AI products and solutions, including facial recognition systems, object detection and tracking systems, and image and video analysis tools. Its facial recognition technology is widely used in public security, finance, retail, and other industries.

The company is committed to innovation and invests heavily in research and development. Megvii Technology has a large R&D team, and it has established partnerships with several universities and research institutions to support its innovation efforts. In addition, the company has been granted numerous patents related to its AI technologies.

Apart from facial recognition technology, Megvii Technology also offers AI solutions for smart city applications, such as traffic management and public safety. The company has a global presence, with offices and operations in several countries, including the United States, Singapore, and Japan.

Megvii Technology went public in 2019 with an initial public offering (IPO) on the Hong Kong Stock Exchange, raising approximately USD 4 billion. However, the company faced some challenges in 2019 and 2020 due to US trade restrictions and concerns about the use of its facial recognition technology for human rights violations.

Founded: 2011
Headquarters: Beijing, China
Website: https://en.megvii.com/