Yunzhisheng has won 100 million US dollars in C round to build IoT AI chip

[Introduction]: Recently, Yunzhisheng sent good news and won the C-round financing of 100 million US dollars. This is also the largest single financing amount in the field of intelligent voice technology, and Yunzhisheng will launch the IoT AI within 3 years. chip.

The financing was led by the CLP Health Fund, 360, Qianhai Wutong M&A Fund, and Hanfu Capital, which is the largest single financing amount in the field of intelligent voice technology. At the same time, the company revealed that a new round of C+ round financing is also nearing completion, and C-Series financing is managed by Hanergy as an exclusive financial advisor.

Founded in 2012, Yunzhisheng has been focusing on the artificial intelligence service of the Internet of Things. It has intelligent speech recognition and semantic understanding technology with independent intellectual property rights, and has built a full-stack technology chain with algorithms, computing power and chip capabilities.

On May 16th, Yunzhisheng will launch an IoT-oriented AI chip that has been independently developed and developed over the past three years. It is the industry's first IoT AI chip with independent intellectual property rights and voice solutions.

Yunzhisheng said that because Yunzhisheng has already based on the product form of the general-purpose chip solution in the market of home, smart speakers and children's robots, it has verified the rationality of products and user scenarios, and the AI ​​chip will be able to quickly enter the market after mass production. And to meet the needs of more product types and forms in terms of cost, stability, integration and so on.

Yunzhisheng calendar financing:

June 2013: Completed A round of financing of 100 million yuan;

December 2014: Completion of $50 million in Series B financing;

December 2015: Completion of tens of millions of dollars in B+ round financing;

August 2017: Completed nearly RMB 300 million C round of financing.

Dr. Huang Wei, CEO of Yunzhisheng, said: “The recent Sino-US trade war reflects China’s core technology shortcomings. We are still subject to many key technical nodes. In 2014, Yunzhisheng took the lead in determining the 'cloud core' in the industry. The development strategy, decided in 2015 and invested in the research and development of its own chips, Yunzhisheng will continue to focus on the accumulation of its own core technologies and industry applications in the AIOT field. This financing will be mainly used for the company's artificial intelligence technology and The R&D investment of the chip will help the company achieve business innovation and transformation and upgrading with a cost-effective one-stop solution. At the same time, we will further accelerate the business expansion in the smart life and smart service field, and actively invest in building a sound industrial chain ecology. ”

The development of Yunzhisheng business in the past year

In the field of white goods, Yunzhisheng has accumulated high-quality head customers including Gree, Midea and Changhong. In March 2018, it jointly released the R1 smart speaker positioned as AI.

In the automotive field, Yunzhisheng revealed that its market share in the aftermarket is over 70%, and it is about to form a joint venture with a well-known car manufacturer to build a pre-loaded AI chip.

In the medical field, Yunzhisheng's medical professional voice interaction solution launched in China has launched more than 60 representative top-level top three hospitals. In December 2017, it established a comprehensive mobile layout with the doctors. Medical artificial intelligence services for end and home terminals.

In the direction of innovative business, Yunzhisheng's super-computing platform business has built an artificial intelligence super-calculation benchmark of 100 billion times/second floating-point computing capability, and is also building for the Ping An Technology Company under the Xiamen Municipal People's Government and Ping An Group. And operate the country's top artificial intelligence super computing center.

Yunzhisheng said that with the mass production of its own AI chip, the company will unite many strategic shareholders and partners with a more complete and one-dimensional one-stop solution to jointly cultivate the multi-modality of smart life and smart service. Artificial intelligence services continue to contribute to accelerating the promotion of domestic alternatives and tackling China's independent core technologies.

On December 6th, 2018, the Electronic Enthusiasts Network will host the China IOT Conference. The giants at the scene will bring the latest IOT trends. Click on the registration to participate.

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