SenseTime
Founded Year
2014Stage
IPO | IPOTotal Raised
$2.63BDate of IPO
12/30/2021Revenue
$0000About SenseTime
SenseTime (00020.HK) is a computer vision and AI company that provides image, object, text, face recognition, medical image analysis, video analysis, autonomous driving, and remote sensing to companies in education, healthcare, smart city, automotive, communications, and entertainment.
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Research containing SenseTime
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned SenseTime in 6 CB Insights research briefs, most recently on Apr 6, 2021.
Apr 6, 2021
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Where China Doubled Down On AI Amid Covid-19Expert Collections containing SenseTime
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
SenseTime is included in 7 Expert Collections, including Auto Tech.
Auto Tech
2,426 items
Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.
Smart Cities
2,087 items
AI 100
199 items
Artificial Intelligence
10,627 items
This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.
Medical Devices
8,875 items
Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.
Health Monitoring & Diagnostics
2,938 items
Companies developing or offering products that aid in the assessment, screening, diagnosis, or monitoring of a person's state of health/wellness. Excludes companies focused solely on fitness/sports performance
SenseTime Patents
SenseTime has filed 117 patents.
The 3 most popular patent topics include:
- Rotating disc computer storage media
- Computer storage media
- Storage media
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
11/30/2020 | 5/30/2023 | Grant |
Application Date | 11/30/2020 |
|---|---|
Grant Date | 5/30/2023 |
Title | |
Related Topics | |
Status | Grant |
Latest SenseTime News
Jun 2, 2023
The latest funding round could value the firm at about $1.2bn. The fundraising highlights the growing interest in what could be China’s answer to ChatGPT. MiniMax, a Chinese startup developing a ChatGPT-like solution, is nearing completion of raising funds of over $250m, reported Reuters, citing sources. The latest funding round could value the company at about $1.2bn. Recommended Reports According to sources, new investors including a Tencent-backed entity will participate in the investment round. The company was founded by some former employees of the Chinese AI firm SenseTime in 2021. Sources said that founding members include SenseTime’s former vice president Yan Junjie. Initial funding in MiniMax came from the developer of the “Genshin Impact” game, miHoYo. According to disclosures made by the venture capital funds, other early investors in it included China’s Yunqi Partners and Future Capital. Currently, the Glow app by MiniMax lets users create virtual characters, give them backstories, and then converse with them about subjects, such as relationship advice and how to deal with hair loss. The AI model utilised by MiniMax can be used for a wide range of other tasks too. Requests for comment from Tencent and MiniMax were unanswered, reported the news agency. The fundraising highlights growing investor interest in what could be China’s answer to Microsoft-backed OpenAI, the creator of ChatGPT. Launched in November 2022, ChatGPT has triggered an AI race, pushing Chinese technology giants such as Baidu, Alibaba and Huawei to launch similar products. Chinese technology startups such as MiniMax are also hopping onto the AI bandwagon. Share this article
SenseTime Frequently Asked Questions (FAQ)
When was SenseTime founded?
SenseTime was founded in 2014.
Where is SenseTime's headquarters?
SenseTime's headquarters is located at 1900 Hongmei Road, Shanghai.
What is SenseTime's latest funding round?
SenseTime's latest funding round is IPO.
How much did SenseTime raise?
SenseTime raised a total of $2.63B.
Who are the investors of SenseTime?
Investors of SenseTime include SoftBank , 5Y Capital, Tiger Global Management, Silver Lake, Shimao Property and 33 more.
Who are SenseTime's competitors?
Competitors of SenseTime include Lauretta, Extreme Vision, Kneron, Cloudwalk, Chooch and 14 more.
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