Leader and Practitioner in AI

Megvii is a global leader in AI products and solutions.
Our core competency is deep learning, a key driver of the AI revolution
We focus on areas in which algorithms can create critical value: Personal IoT, City IoT and Supply Chain IoT.
We provide customers with full-stack solutions that integrate algorithms, software and hardware.

Founded in 2011, Megvii currently has about 3,000 employees.
We have a global presence, serving hundreds of thousands of developers and over 3,000 customers across a variety of industries.

About Megvii
Mission

Power humanity with AI

Vision

Building a comprehensive AI infrastructure that connects and powers billions of IoT devices worldwide

Values

Belief in technology and pragmatism

World-Leading Technological Strengths

Megvii operates the world’s largest computer vision research institute.Our research team has developed advanced algorithms that have laid the foundation for many of the world's cutting-edge AI applications. Since 2017, we have won a total of 28 world championships in various leading international AI competitions.In 2019, we made history by winning our third consecutive title at the International Conference on Computer Vision’s Common Objects in Context (COCO) Challenge, one of the most prestigious global competitions in the field of computer vision.

Megvii is one of the few companies in the world with a proprietary deep learning framework. MegEngine, one of the three primary components of Brain++ architecture, was officially made open source in 2020.

Proven Applications

MEGVII has expanded its business with a strategic focus on personal IoT, city IoT and supply chain IoT.

Leading the Sustainable Development of AI

Megvii is committed to leading the responsible and sustainable development of AI technologies, and ensuring AI innovation has a positive impact on society.

In 2019, we published our AI Ethics Code of Conduct, which aims to guide the appropriate use of AI-related technologies and the sustainable development of the AI ecosystem. In addition, we have set up an AI ethics committee and an AI governance research institute, with a focus on addressing the governance of trustworthy AI. We firmly believe that our commitment to AI governance will contribute to the healthy development of the industry.

Our mission is to power humanity with AI. We believe it is our duty to ensure that our innovations have a positive impact on society, making our communities safer, our lives more convenient, and our work more efficient.

Developing sustainable AI is of profound significance not only to Megvii but also the future of our planet. Megvii will continue to conduct extensive collaborations with our peers worldwide in areas spanning governance to industry empowerment.

Milestones
20112012
Oct MEGVII was founded
2011 20122013
Aug MEGVII announced angel investments from Legend Star and Lenovo Capital
Oct We launched Face++, an open cloud-based visual platform
2012 20132015
Jul MEGVII secured Series A funding from Sinovation Ventures
2013 20152017
Jan MEGVII raised $47 million from Sinovation Ventures and Qiming Venture Partners
May MEGVII launched FaceID, the world’s first cloud-based face recognition authentication solution
Oct MEGVII launched the world’s first intelligent camera
Nov MEGVII launched city IoT solutions
2015 20172018
Feb MEGVII’s Face Recognition Payment was named one of the 10 Breakthrough Technologies 2017 by MIT Technology Review
Jun MEGVII ranked 11thon MIT Technology Review's list of 50 Smartest Companies
Jul MEGVII launched a device unlocking solution powered by face recognition technology
Sept MEGVII launched smart logistics solutions
Oct MEGVII secured three world titles in the MS COCO + Places Challenge, surpassing Google, Microsoft and Facebook
MEGVII raised $460 million in Series C funding from China Reform Holdings Corporation, Ant Group and Foxconn Technology Group
Nov MEGVII established the MEGVII Academic Committee with Andrew Yao, academician of the Chinese Academy of Sciences, serving as chief advisor
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2017 20182019
Oct MEGVII was approved as a first-level national postdoctoral research station
MEGVII received four recognitions in the Joint COCO and Mapillary Recognition Challenge Workshop at ECCV 2018
2018 20192020
Jan MEGVII launched MEGVII Hetu, the first AIoT operating system in the industry, and the new logo “MEGVII旷视”
Apr Megvii entered a partnership with Dongsheng Town, Haidian District in Beijing to comprehensively deepen the construction of the town’s AIoT ecosystem
Apr The inauguration of the BAAI-MEGVII Intelligent Model Design and Image Perception Joint Laboratory
May MEGVII raised $750 million in Series D round from Bank of China Group Investment Limited (BOCGI), a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), Macquarie Group and ICBC Capital Management (Global) Company
Jun MEGVII secured a total of six first places in 3 challenges at CVPR2019
Jul MEGVII launched the Core Principles of AI Practice to advocate for technology for good
Sept MEGVII signed a strategic cooperation agreement with China Telecom
Oct Brain++, our proprietary AI productivity platform, was recognized as one of the World’s Leading Scientific and Technological Achievements in the Internet section of the sixth World Internet Conference (WIC)
MEGVII won again at ICCV2019, the first three-peat in the history of the competition
Nov MEGVII signed a strategic cooperation agreement with China Mobile
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2019 2020...
Mar MEGVII officially launched our AI productivity platform Brain++, and open-sourced its deep learning framework MegEngine
Apr MEGVII rolled out FaceStyle, an AI-powered makeup and beauty solution that allows end-users to personalize their shopping experience by trying on makeup virtually through personal computers or mobile devices
Megvii became the chair member of the Intelligent Temperature Measurement Standard Working Group to formulate the first intelligent temperature measurement standard in China
Jun MEGVII held an Enterprise Service Strategy Summit and Launch Event to introduce a new generation of face recognition access control integrated machines and other products
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