Total Funding - $3105 Million
By - Sequoia Capital China, Source Code Capital, General Atlantic
Bytedance owns a series of content platforms that enable people to connect with, consume, and create content through machine learning technology for office.com/setup With nearly 200 million daily active users each spending an hour every day on their products, the company is dedicated to building connections between people and information.Bytedance was founded in 2012 and its flagship product, Toutiao, is the largest AI-powered content platform in China. Toutiao delivers personalized content recommendations to every user based on their interests. Bytedance also operates a series of products popular with mobile users around the world, including Topbuzz, Flipagram and a number of UGC short-form video apps.
Its valuation jumped to more than $20 billion, it picked a number of international services — including Musical.ly and News Republic for $86 million — and began to execute on an ambitious plan to expand beyond China, where Toutiao alone claims 120 million users.
Total Funding - $725 Million
By - Andreessen Horowitz, Lightspeed Venture Partners, Spark Capital
Based in San Francisco, California, Affirm is a financial services company that offers instalment loans to consumers at the point of sale. Its aim is to improve the banking industry to be more accountable and accessible to consumers. Founded in 2012, Affirm lets shoppers pay for purchases across multiple months with transparent, fairly-priced fees built into every payment, and increases conversion and basket size for e-tailers at less than the cost of credit cards.
Total Funding - $637 Million
By - Star VC, IDG Capital, Morningside Ventures, Advantech Capital Partners
SenseTime develops face recognition technology that can be applied to payment and picture analysis, which could be used, for instance, on bank card verification and security systems. Ranked fifth in China Money Network's China AI Top 10 Ranking in 2017, SenseTime currently provides its face recognition technology to over 300 companies including China Mobile Communication Co, China UnionPay, Huawei Technologies Co. Ltd., Xiaomi Inc. and JD.com Inc.
Founded in 2014, SenseTime says its face recognition technology has an error rate below one in 100,000. It also provides text, vehicle and image recognition to mobile Internet companies, financial services and security companies.
Total Funding - $608 Million
By - Qiming Venture Partners, Sinovation Ventures, Ignition Partners
Face++, the world’s largest face-recognition technology platform, currently used by more than 300,000 developers in 150 countries to identify faces, as well as images, text, and various kinds of government-issued IDs (see “50 Smartest Companies 2017: Face++”).
Total Funding - $585 Million
By - New Enterprise Associates, Khosla Ventures, Kleiner Perkins Caufield & Byers
Founded by ex-Googlers, Upstart is the first lending platform to leverage artificial intelligence and machine learning to price credit and automate the borrowing process. The company's proprietary underwriting model identifies high-quality borrowers despite limited credit and employment history by using variables including schools attended, the area of study, and work experience. Upstart offers 3-year and 5-year fixed-rate interest loans, which are primarily used to pay off credit cards, consolidate debt, make large purchases, or invest in vocational education.
In addition to its direct-to-consumer lending platform, Upstart provides technology to banks, credit unions and other partners via a “Software-as-a-Service” offering called Powered by Upstart.
Total Funding - $521 Million
By - Qiming Venture Partners
UBTECH Robotics is a high-tech enterprise engaging in the R&D, manufacture, as well as promoting and popularizing robots around the world. We are the first company in China dedicated to commercialize humanoid robot, making it walk out of the research institution and become available to ordinary people. We have the most professional team members composing of experienced PhD and MSc robotics experts in both software and hardware areas. We possessed several national patents of our own, including patents in invention, utility model, industrial design, as well as software copyright, etc. Also, we’ve long been cooperating with top research institutions and universities, e.g. Chinese Academy of Sciences, Shanghai Jiaotong University and Harbin Institute of Technology, making us a world-leading company in robotics R&D and manufacturer of humanoid intelligent robots.
Total Funding - $313 Million
By - First Round Capital, SV Angel, IA Ventures, Great Oaks Venture Capital
Flatiron’s vision is to build a connected technology platform that enables the development of actionable insights that can help cancer researchers and care providers learn from every patient’s experience.
Total - $290 Million
By - Draper Fisher Jurvetson, Lux Capital, Blackbird Ventures, IDG Capital
Zoox is a robotics company pioneering autonomous mobility as-a-service.
Zoox is developing a breakthrough, fully automated, electric vehicle fleet
and the supporting ecosystem required to bring the service to market at
Total Funding - $281 Million
By - capitalG, March Capital Partners, Accel Partners
CrowdStrike is a cybersecurity technology firm pioneering next-generation endpoint protection, delivered as a single integrated cloud-based solution. CrowdStrike’s Falcon platform stops breaches by detecting all attacks types, even malware-free intrusions, providing five-second visibility across all current and past endpoint activity while reducing cost and complexity for customers. CrowdStrike’s Falcon platform is delivered via the security industry’s only 100% native cloud architecture, integrated with 24/7 managed hunting capabilities and in-house threat intelligence and incident response teams. CrowdStrike’s unique Threat Graph harnesses the cloud to instantly analyze data from billions of endpoint events across a global crowdsource community, allowing detection and prevention of attacks based on patented behavioral pattern recognition technology.
Total Funding - $268 Million
By - Matrix Partners, Lighthouse Capital Partners, Upfront Ventures, Lightspeed Venture Partners
ZestFinance was founded by the world’s best data scientists with a mission: use machine learning algorithms to revolutionize how credit decisions are made to provide fair and transparent credit to everyone. The Zest Automated Machine Learning (ZAML™) platform, Zest's unique credit-decisioning platform, enables lenders to analyze vast amounts of non-traditional credit data to increase approval rates and reduce the risk of credit decisions, particularly for thin-file and no-file borrowers like millennials. The platform also provides the ability to explain data modeling results to measure business impact and comply with regulatory requirements.