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1 November 2017

Megvii faces corporates in $460m round

Foxconn, SK Group and Ant Financial have participated in a $460m funding round for Megvii, the facial recognition software provider also known as Face++.

Author: Robert Lavine, News Editor

Megvii, the China-based facial recognition technology developer also known as Face++, has secured about $460m in a round featuring diversified conglomerate SK Group and contract electronics manufacturer Foxconn, Bloomberg reported yesterday.