Yitu is one of China's "Four AI Dragons," a group that also includes SenseTime, Megvii, and CloudWalk, four startups that together captured roughly 51 percent of China's domestic computer vision market during the late 2010s. YITU is the one and only company around the globe to have won both facial recognition tests organized by the National Institute of Standards and Technology (NIST) and the Intelligence Advanced Research Projects Activity (IARPA).
Cyborg Score Rationale
YITU has raised a total funding of $385M over 11 rounds. The company holds strong technical credibility from multiple NIST/IARPA awards and operates across high-value verticals (public safety, healthcare, banking). However, regulatory headwinds in Western markets and modest recent revenue growth temper the outlook.
Top Insights
Latest funding round was a Series C round in December 2023 for an undisclosed amount.
Annual revenue was $6 million in 2026.
YITU develops customized full solutions in various verticals including public safety, healthcare, banking, retail and AI chips.
QuestCore, released in May 2019, is YITU's proprietary cloud-based AI inference chip designed for image processing and visual analysis, with energy consumption of less than one watt per chip and can reduce resources needed to analyze a single video source by 80 to 90 percent.
Named Competitors
SenseTime — Chinese AI company specializing in computer vision and facial recognition
Megvii — Chinese AI firm focused on facial recognition and computer vision
CloudWalk — Chinese AI company developing facial recognition and surveillance technology
Recent Developments
Opened first international office in Singapore.
Received ISO/IEC 27701:2019 certification from BSI, becomes the first Chinese AI company to obtain it.
Series C funding round in December 2023 for an undisclosed amount.
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