China’s biggest facial recognition firm Megvii, more commonly known as Face++, has raised $460 million in a fresh round of financing, drawing investment from a Chinese state fund, Ant Financial and Foxconn Technology, a source with direct knowledge of the fundraising told Reuters.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com