YITU Technology
YITU Technology (Shanghai Yitu Network Technology Co., Ltd.) was founded in 2012 by Leo Zhu and Lin Chenxi. It builds computer vision, facial recognition, healthcare diagnostic AI and QuestCore AI chips, and sells them to public security agencies, hospitals, financial institutions and smart-city operators as combined hardware, software and service packages. Investors including Sequoia, Hillhouse and Gaorong have put about $385M into the company over 11 rounds, and it was valued at about $3.5B in 2021. The US placed it on the Entity List in 2019, and it withdrew its 2021 STAR Market IPO; as of 2026 it is still private.
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