SenseTime

SenseTime

Chinese AI startup company developing face recognition technology backed by Alibaba.

SenseTime is a Chinese artificial intelligence startup company backed by the Alibaba Group that develops facial recognition technology. The company applies computer vision and deep learning technologies to advance image recognition technology. It has established China’s largest and only self-developed deep learning supercomputing center, establishing itself as the largest supplier of AI algorithms in the country. SenseTime has applied for over 500 patents, 90% of which are original inventions, in approximately 10 countries and regions all over the world. Sensetime has deployed its technology into various fields.

Xiaolan Xu, Xiaoou Tang and Li Xu founded TimeSense in 2014 in Beijing, China. In 2017, it ranked fifth in the China Money Network's China AI Top 10. The company has about 20 investors including, Alibaba Group, Star VC, IDG Capital and Infore Capital. In April 2018, the company has successfully raised US$600 million in its Series C round of funding from Alibaba.

The company's research and development team combines computer vision technology with deep learning algorithms, voice, natural language understanding and control technologies to create technological advances that can be applied to different industries.

The Chinese government's national surveillance system is using SenseTime's computer vision technology to process data from the country's over 170 million CCTV cameras and smart glasses of the police. Guangzhou Public Security Bureau uses SenseTotem, an intelligent surveillance and video analytics system to compare and match the crime scene facial captures with its database photos to identify persons of interest and aid criminal investigations.

Rong360, an internet and finance company and Focus Media's Huanbei, a balance transfer application operates with SenseID, an identity verification service. SenseID provides face identification, identity verification and ID card and credit card recognition functions.

The National Satellite Meteorological Center, China Meteorological Administration uses SenseRemote, an intelligent remote sensing image solution to help the center's meteorological satellite cloud detection products.

Using its patents for autonomous driving and core technologies, SenseTime has also developed chips and embedded systems for smart AI cars. The partnership between SenseTime and Honda is expected to accelerate the research and development of smart AI cars with autonomous driving solutions. is expected to accelerate the research and development of smart AI cars with autonomous driving solutions.

SenseTime Core Technologies

  • Face and Body Detection Technology
  • Public and Professional Image Detection
  • High Volume Video Comprehension and Mining
  • Improving video and image processing
  • SLAM and 3D Vision
  • Robot Sensing and Control
  • Autonomous Driving

Qualcomm, Honda, Weibo, Nvidia, China Merchants Bank, China UnionPay, HNA Group, China Mobile Communication Co., Huawei Technologies Co. Ltd., Oppo, Vivo, JD.com Inc. and Xiaomi Inc. are some of the over 400 companies SenseTime is providing its face recognition, data technology and application services. Its other services are text, vehicle and image recognition to mobile internet companies, smartphones, robotics, automobile, remote sensing, financial technology services and security companies.

Timeline

September 10, 2018

SenseTime raises a $1,000,000,000 series D round from SoftBank Vision Fund.

April 2018

SenseTime raises a $600,000,000 series C round from Alibaba Group, Temasek Holdings and Suning Holdings Group.

July 2017

SenseTime raises a $410,000,000 series B round from Sailing Capital and CDH Investments.

Funding rounds

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People

Name
Role
LinkedIn

Bing Xu

Co-Founder

Li Xu

Co-Founder

Xiaogang Wang

Co-Founder

Xiaolan Xu

Co-Founder

Further reading

Title
Author
Link
Type
Date

China’s SenseTime, the world’s highest valued AI startup, raises $600M

Jon Russell, TechCrunch

Meet SenseTime, Hong Kong’s first unicorn no one’s heard of

Bien Perez, South China Morning Post

SenseTime Raises US$600 Million in Series C Funding

SenseTime Newsroom

Documentaries, videos and podcasts

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News

Title
Author
Date
Publisher
Description
Wei Sheng
October 8, 2019
TechNode
Sensetime sold their share in a security joint venture in April.
Eliza Gritsi
May 31, 2019
TechNode
MIT and the Rockefeller Foundation are among dozens of "socially responsible" institutions that fund China's surveillance tech.
Rita Liao
May 8, 2019
TechCrunch
One of China's most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised $750 million in a Series E funding round. Founded by three graduates from the prestigious Tsinghua University in China, the eight-year-old company specializes in applying its computer vision solutions to a [...]
Bloomberg News
Invalid Date
DealStreetAsia
The Beijing-based firm raised more than $1.2 billion last year including a round announced in May that valued it at more than $4.5 billion.

References

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