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Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Science & Engineering
iflytek.com

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Investments

97

Portfolio Exits

3

Funds

2

Partners & Customers

10

About iFLYTEK

iFLYTEK (SHE: 002230) is a software enterprise dedicated to the research of intelligent speech and language technologies.

iFLYTEK Headquarter Location

National Intelligent Speech High-tech Industrialization Base No. 666, Wangjiang Road West

Hefei, Anhui,

China

+86 0551-65331500

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iFLYTEK Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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iFLYTEK Rank

Research containing iFLYTEK

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned iFLYTEK in 1 CB Insights research brief, most recently on Aug 14, 2019.

Latest iFLYTEK News

08:43 EDT 5G New Calling: Huawei, China Mobile, and iFLYTEK Realize Barrier-free Calling

Jun 20, 2022

News provided by Share this article Share this article SHIJIAZHUANG, China, June 20, 2022 /PRNewswire/ -- Recently, the Hebei branch of China Mobile (hereinafter referred to as Hebei Mobile), together with Huawei and iFLYTEK, integrated the intelligent translation capability provided by iFLYTEK into 5G New Calling, breaking language barriers for video calls. By using intelligence technologies, 5G New Calling makes communication visual and accessible. Chairman of China Mobile, Yang Jie, hopes to build a 5G-based information service system delivering connections, compute power, and service capabilities. 5G New Calling perfectly meets the requirements for building such a system. 5G New Calling is a successful practice of China Mobile's "5G+" plan. Barrier-free Communication The barrier-free communication feature is based on China Mobile's enterprise standards for 5G New Calling and a major upgrade to the native video call function of mobile phones. The feature uses intelligence technologies during video calls to recognize speech and then convert it into text in real time. In this way, users can read a transcription of what the other user is saying in real time. If the users speak different languages, it can translate what the other user is saying in real time, truly breaking language barriers. In conventional calls, users must understand the language the other user speaks. However, 5G New Calling integrated with advanced intelligence technologies breaks this barrier, so that users can easily communicate with each other even if they speak different languages. This feature is also helpful for users who are hard of hearing. The barrier-free communication feature is another one of Hebei Mobile's successful explorations following the application of 5G New Calling in vertical sectors. Hebei Mobile will continue to work with industry partners to develop more valuable services with 5G New Calling and lay a solid foundation for the commercial use of 5G New Calling. SOURCE Huawei Technologies Co., LTD. ×

iFLYTEK Investments

97 Investments

iFLYTEK has made 97 investments. Their latest investment was in Digital Anhui as part of their Seed on June 6, 2022.

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iFLYTEK Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/20/2022

Seed

Digital Anhui

Yes

1

6/17/2022

Seed

Sound Valley Private Domain

Yes

1

5/17/2022

Seed

Lotto Fit

$2.67M

Yes

3

4/14/2022

Corporate Minority

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10

3/8/2022

Corporate Minority

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10

Date

6/20/2022

6/17/2022

5/17/2022

4/14/2022

3/8/2022

Round

Seed

Seed

Seed

Corporate Minority

Corporate Minority

Company

Digital Anhui

Sound Valley Private Domain

Lotto Fit

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Amount

$2.67M

New?

Yes

Yes

Yes

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Co-Investors

Sources

1

1

3

10

10

iFLYTEK Portfolio Exits

3 Portfolio Exits

iFLYTEK has 3 portfolio exits. Their latest portfolio exit was Cambricon on July 20, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/20/2020

IPO

$99M

Public

8

5/28/2020

IPO

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$99M

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10

6/16/2016

IPO

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$99M

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10

Date

7/20/2020

5/28/2020

6/16/2016

Exit

IPO

IPO

IPO

Companies

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Valuation

$99M

$99M

$99M

Acquirer

Public

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Sources

8

10

10

iFLYTEK Acquisitions

5 Acquisitions

iFLYTEK acquired 5 companies. Their latest acquisition was Kexun Zhiyuan on August 26, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

8/26/2021

$99M

Acquired

1

5/10/2016

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$99M

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10

12/30/2015

Seed / Angel

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$99M

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10

10/1/2014

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$99M

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10

6/14/2013

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$99M

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10

Date

8/26/2021

5/10/2016

12/30/2015

10/1/2014

6/14/2013

Investment Stage

Seed / Angel

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

10

10

iFLYTEK Fund History

2 Fund Histories

iFLYTEK has 2 funds, including iFLYTEK AI Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

iFLYTEK AI Fund

2

iFLYTEK Fund 1

$99M

10

Closing Date

Fund

iFLYTEK AI Fund

iFLYTEK Fund 1

Fund Type

Status

Amount

$99M

Sources

2

10

iFLYTEK Partners & Customers

10 Partners and customers

iFLYTEK has 10 strategic partners and customers. iFLYTEK recently partnered with The People's Government of Henan Province on September 9, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

9/30/2021

Partner

China

1

12/1/2020

Vendor

China

Glory Star Signs Annual Contract With Iflytek and Receives First Purchase Orders of RMB9.5 Million

BEIJING , Dec. 1 , 2020 / PRNewswire / -- Glory Star , a leading mobile and online digital media and entertainment company in China , today announced that it has completed the signing of the `` Annual Programmatic Advertising Purchase Contract '' with Iflytek , Ltd , a leading voice recognition software provider and artificial intelligence technology company in China .

1

5/18/2020

Partner

United States

How a Chinese AI Giant Made Chatting—and Surveillance—Easy

Critics of the partnership had a more cynical view : iFlytek gave an undisclosed sum of money in return for the prestige of the MIT Technology Review brand .

1

3/30/2020

Partner

South Korea

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10

10/11/2019

Partner

United States

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10

Date

9/30/2021

12/1/2020

5/18/2020

3/30/2020

10/11/2019

Type

Partner

Vendor

Partner

Partner

Partner

Business Partner

Country

China

China

United States

South Korea

United States

News Snippet

Glory Star Signs Annual Contract With Iflytek and Receives First Purchase Orders of RMB9.5 Million

BEIJING , Dec. 1 , 2020 / PRNewswire / -- Glory Star , a leading mobile and online digital media and entertainment company in China , today announced that it has completed the signing of the `` Annual Programmatic Advertising Purchase Contract '' with Iflytek , Ltd , a leading voice recognition software provider and artificial intelligence technology company in China .

How a Chinese AI Giant Made Chatting—and Surveillance—Easy

Critics of the partnership had a more cynical view : iFlytek gave an undisclosed sum of money in return for the prestige of the MIT Technology Review brand .

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Sources

1

1

1

10

10

iFLYTEK Team

1 Team Member

iFLYTEK has 1 team member, including current President, Qingfeng Liu.

Name

Work History

Title

Status

Qingfeng Liu

President

Current

Name

Qingfeng Liu

Work History

Title

President

Status

Current

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