The verified answer
As of Oct 2026, DEPLOY verifies Megvii: 1 model, 3 active incidents. 2 sources back the record.
CategoryWarehouse & Logistics Robotics
Models
1
Employees
2.3k
Overview
Beijing-based AI and computer-vision company best known for its Face++ facial-recognition platform — the world's largest third-party face-authentication service. Founded in 2011 by three Tsinghua University classmates, Megvii was once valued at over US$4 billion and counted Alibaba, Ant Financial, and the Bank of China among its investors.
The company has expanded from consumer face-auth into smart-logistics robotics (AMRs for warehousing and supply-chain IoT) and automotive AI. Megvii was added to the U.S. Bureau of Industry and Security Entity List in October 2019 and the Treasury Department's Non-SDN Chinese Military-Industrial Complex list in December 2021 over allegations of complicity in the surveillance of Uyghurs in Xinjiang — allegations the company disputes.
Verified record
- Verified deployments
- None on file
- Active incidents
- 3 incidents on file
Valuation of record
Company-claimedPriced roundSeries D post-money
Key facts
Focus
Technology
Scale
Regulatory
Regulatory
CEO
Revenue
Financial stage
Data & sources
Web sources
2
2 sources backing this record.View all →
Models (1)
View all models →Partnerships
Every company Megvii has built with, alongside the ones only announced in a press release.
Most-frequent partners
- 1AWS1× joint976 total
Most recent
Megvii on the deployment map
View the global mapMegvii has no verified deployments on the DEPLOY registry yet. Explore the deployment map by place and type.
No verified deployments for Megvii on the DEPLOY record yet. Track Megvii to know the moment the first one is verified.
Relationships
Current leadership (2)
Former / Previously (2)
- Yin Qi CEO & Co-foundersecondary-verified
- Tang Wenbin Co-founder & CTOsecondary-verified
Safety record
3 incidents on record (2 serious, 1 moderate). Most recent: Jan 2024.
Most recent: Jan 2024
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Full safety record: incidents, sourcing, and exposure data →
Incidents affecting Megvii (3)
- Pentagon names Megvii on list of 'Chinese Military Companies Operating in the United States'2024-01-31 · Regulatory action
- U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity allegations2021-12-17 · Regulatory action
- U.S. Bureau of Industry and Security adds Megvii to Entity List over Xinjiang surveillance allegations2019-10-09 · Regulatory action
Includes incidents linked directly to this company, to its models, or to deployments of its models or under its operation. Retracted incidents are excluded from this view but remain reachable at their canonical URLs.
Recent coverage
Megvii in third-party press
Peers
21 peers across 1 segment. Every Megvii competitor derived from shared form-factor and application-domain edges.
chip(21)
2 companies in this segment · highly_concentrated (HHI 6159.122085048011) · leader Kneron at 7407%
- Applied Materialsdirect competitor(inferred)moderate
- Aurriondirect competitor(inferred)moderate
- BYD Batterydirect competitor(inferred)moderate
- ByteDancedirect competitor(inferred)moderate
- ENSCOdirect competitor(inferred)moderate
- Eagle Test Systemsdirect competitor(inferred)moderate
Financial state
- Employees
- 2,349
- Reporting basis
- aggregator_estimate
- Lifecycle stage
- early
- Counterparty risk class
- unknown
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships
1 total
Every company Megvii has built with, alongside the ones only announced in a press release.
Most recent
Most-frequent partners
- 1AWS1× joint976 total
Funding rounds (3)
Megvii’s 3 disclosed rounds, $1.3B in total, oldest to newest.
- Series D2019-05-08
$750M(reported) · $4.0B post
Investors: Alibaba, Ant Financial, Bank of China
- Series C+2017-11-01
$460M(reported)
Investors: GGV Capital (lead)
- Series C2016-05-01
$100M(reported)
Investors: Foxconn Technology Group, CCB International, Qiming Venture Partners, Sinovation Ventures
Recent activity
Every change to this record is dated, sourced, and independently verified where marked.
- Record createdJun 25, 2026
Added to the verified registry
- Incident recordedJan 31, 2024
Pentagon names Megvii on list of 'Chinese Military Companies Operating in the United...
- Incident recordedDec 17, 2021
U.S. Treasury prohibits all American investment in Megvii over Xinjiang complicity...
- Incident recordedOct 9, 2019
U.S. Bureau of Industry and Security adds Megvii to Entity List over Xinjiang...
Sources (2)
Common questions
What is Megvii?
What does Megvii make?
Who competes with Megvii?
Who is the CEO of Megvii?
Where is Megvii headquartered?
Where does Megvii operate robots?
Is Megvii a top robotics company?
When was Megvii founded?
Are there any incidents involving Megvii?
Is Megvii safe?
Methodology: Verified · 2 sources (no primary) · last reviewed 2026-08-30
Verification posture
Verified
Low confidence
Review state
Stable
Last reviewed 2026-08-30
Sources by quality tier
- 1
- knowledge-base
- Knowledge base
- 1
- unclassified
- Unclassified source
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Megvii.Peer companies
- Amazon25 models
- Boston Dynamics5 models
- Locus Robotics5 models
- Robotphoenix5 models
- Savoye5 models
- Reeman4 models
In the press
Recent coverage mentioning Megvii from third-party publications. Automatically surfaced; not part of the verified registry record.
In Profile: Megvii Co-Founder Is Back Riding the Latest AI Wave
Megvii co-founder Yin Qi, who stepped down as CEO in late 2024, has re-emerged as chairman of StepFun, an LLM startup, after a $717M Series B+ round. Megvii faced US export…
Megvii CEO Yin Qi: Business Model is the Best Model
Megvii founder and CEO Yin Qi, AI prodigy, leading computer vision powerhouse. Megvii once valued at $1B+ as one of four Chinese AI tiger startups.
Megvii at China World Intelligence Expo — state-owned enterprise dealings
Megvii specializing in image recognition with extensive state-owned enterprise dealings. China investing in AI at World Intelligence Expo Tianjin.
Megvii Brief History — Mega + Vision in Beijing Zhongguancun
Megvii bootstrapped in Beijing Zhongguancun, branding as Mega + Vision to process visual data at unprecedented scale. Founded 2011.
Megvii — AI Software Licensing and Computer Vision
Megvii primary revenue from AI software licensing, facial recognition and computer vision deployed in public security, finance, retail. Beijing China.
Pentagon calls out Chinese companies it says are helping Beijing's military
The US Department of Defense named Megvii on its list of 'Chinese Military Companies Operating in the United States,' escalating pressure on the company beyond the prior Entity…
US-blacklisted Chinese AI giant Megvii said to carry out fresh lay-offs amid escalating tech war
Megvii implemented fresh layoffs across multiple departments as a response to US sanctions and ongoing US-China tech tensions. The company had been on the Entity List since…
The US Just Blacklisted China's Most Valuable Facial Recognition Startups Over Human Rights Abuses
The US government added Megvii to the Entity List alongside SenseTime and Yitu, accusing the companies of aiding human rights violations against Uyghur Muslims in Xinjiang. Megvii…
Megvii, the Chinese startup unicorn known for facial recognition tech, files to go public in Hong Kong
Megvii Technology, the Beijing-based AI startup known for its Face++ facial recognition brand, filed for a Hong Kong IPO. Its last funding round was a $750M Series D at a $4B+…
Rising Chinese AI star Megvii gets caught in the US-China tech war
Megvii, valued at over $4 billion, faced being added to a US technology blacklist over its role in Xinjiang surveillance. The company was among China's leading AI unicorns…
Face-Recognition Startup Megvii Said to Raise $100 Million
Megvii raised at least $100 million from investors including Foxconn Technology Group and CCB International Holdings. Other backers include Qiming Venture Partners and Sinovation…
Machine-readable surfaces
- Markdown mirror: /companies/megvii.md
- RSS feed: /companies/megvii/feed.xml
- JSON-LD: embedded in this page’s head
- REST API: /v1/companies/a9ad6141-9389-4696-853f-cccc64529f28
- Revision history: /companies/megvii/history
- Data documentation: /data
- Query this programmatically: Deploy MCP
Peer companies
- Amazon25 models
- Boston Dynamics5 models
- Locus Robotics5 models
- Robotphoenix5 models
- Savoye5 models
- Reeman4 models
Video
Megvii, commonly known as Face++, is one of China’s most ambitious artificial intelligence (AI) start-ups. The company was founded in 2011 by three graduates from Beijing's prestigious Tsinghua University. Megvii provide
Megvii is a leading artificial intelligence (“AI”) company that provides integrated Internet of Things (“IoT”) solutions empowered by deep learning algorithms.
Smart Logistics Platform Software HETU，intelligently coordinate software, IoT devices and personnel at various logistics settings: Ecosystem Connection, Smart C
Megvii AGV logistics robot designed by LKK
Video of Megvii Robotics at LogiMAT 2023. Pallet shuttle. Download free market research reports from www.stiq.ltd
#무인지게차 #물류자동화 #제이케이로보틱스 #소터 #파워롤러 #파워몰러 #AMR #AGV #SLAM #PICKUP SHUTTLE #하이로보틱스 #물류시물레이션 #창고자동화 ＃저상형 AGV # #amr #XY SHUTTLE # 3D PALLET SUTTLE #Megvii 제이케이로보틱스
Reflecting on the first half of 2024, Megvii 've been proactive in partnering with key players in our target markets and hosting visits to showcase our innovati
Day 1 @Robot Technology Japan 2024 Exhibition! Our booth is bustling with visitors showing great interest in our flexible robotics solutions, including the AMR,
Heat Index
Serious52/100
A composite of competitive footprint, funding, press velocity, active partnerships, and supply-chain edges. Different from the Intelligence score below (which is per-form-factor productization). Non-robotics companies cap at 25.
Reality vs attention
Megvii draws attention at the 57th percentile but verifies reality at the insufficient-data level among AMRs.
6-month trend
Analysis
Safety profile within acceptable range for category. Limited public visibility and press coverage relative to peers.
Signal flags
Dimension breakdown
Verified signal
Attention (reach, not merit)
DEPLOY Intelligence scores are computed from verified registry data: confirmed deployments, disclosed funding rounds, regulatory filings, active job listings, video viewership, and press coverage. Confidence ratings reflect data availability. Scores update nightly.
DEPLOY Indices — verified vs claimed
Last computed: Oct 2, 2026