AISpeech Valuation, Funding & Investors

AISpeech is valued at $566M as of April 2020.

Last AISpeech valuation

$566M

Series E · Apr 2020

Last AISpeech funding round

$69M

Undisclosed stage · Jan 2025

Cumulative funding AISpeech raised

$277M

across 6 funding rounds

Key investors in AISpeech

  • Shenzhen Capital Group
  • DCM Ventures
  • Oriza Holdings
  • Foxconn
  • GoldStone Investment
  • BAIC Capital

AISpeech Overview

About AISpeech

AISpeech is a Chinese technology company focused on speech recognition, natural language processing, tone analysis, and dialogue management systems. Founded in 2002 and headquartered in Beijing, it supplies embedded voice solutions for consumer electronics, automotive, and smart devices manufactured by global brands.


Founded

2008

HQ

ChinaQuzhou

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

Valuation

$566M (Apr 2020)

AISpeech Valuation

AISpeech is currently valued at $566M, based on its Series E in April 2020.

The $58M round was led by CTC Capital, with participation from BAIC Capital and GoldStone Investment.

AISpeech valuation by funding round

AISpeech valuation by funding round
DateStageValuation
Apr 2020Series E$566M

AISpeech Funding History

AISpeech has raised a total of $277M across 6 funding rounds.

AISpeech's first fundraising round was a $15M Series B in January 2014. The most recent completed round was a $69M undisclosed-stage round in January 2025.

AISpeech funding rounds

AISpeech funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2025Undisclosed stage-$69M-AISpeech is a Chinese conversational AI platform founded in 2007 by Yu Kai and Gao Shixing (both University of Cambridge graduates) that specializes in customized AI dialogue systems and voice chips using a cloud-plus-chip strategy. The company develops the DUI Platform (a full-chain intelligent dialogue system customization platform), the DFM language computation large model, and AI voice chips for smart home appliances, intelligent vehicles, and consumer electronics. In the automotive sector, AISpeech has partnered with over 60 global automakers including Mercedes-Benz, Audi, Jaguar Land Rover, BYD, Great Wall Motor, SAIC-GM-Wuling, and Chery, with technology powering more than 200 vehicle models and applications like Great Wall Motor's Coffee AI voice assistant. On January 14, 2025, AISpeech closed a Series H funding round of ₥500 million (approximately $68.2M USD) from prominent industry funds, state-owned platforms, and private equity firms to support deployment of its fine-tuned large model (DFM-2) and full-chain dialogue technology across intelligent automotive systems, IoT devices, and industry-specific scenarios such as conferencing, office solutions, and financial services.
Jan 2024Undisclosed stage-$28M-AISpeech is a Suzhou-based Chinese AI startup founded in 2007 by University of Cambridge graduates, specializing in voice recognition and natural language interaction technologies including speech recognition, tone analysis, dialog management, speech synthesis, and natural language processing in Chinese and English. The company partners with major Chinese manufacturers like Jado, Alibaba, Xiaomi, and Lenovo to offer products such as in-car operating systems, intelligent robots, and smart home appliances. It competes with iFlytek, Mobvoi, and Unisound in the maturing voice recognition market aiming for profitable real-life applications. The company has raised a total of $275.23M over multiple rounds, including a prior Series D of approximately $76M led by Oriza Holdings and China Minsheng Investment Group with participants like Foxconn, MediaTek, and Shenzhen Venture Capital, bringing total funding over $121M at that time. Later rounds include a Series H of $68.2M on January 14, 2025, also from undisclosed investors.
Apr 2020Series ECTC Capital (lead); BAIC Capital; GoldStone Investment$58M$566MAISpeech, a Chinese speech technology startup based in Zhejiang/Suzhou, develops voice recognition, vocal biometrics, natural language processing, and voice assistant platforms for smart devices, IoT, and sectors like government, finance, and automotive. The company produces its own AI chipset, such as the TH1520 voice recognition chip, as an alternative to those from Baidu or Google, and its technology is integrated into products from Alibaba, Xiaomi, Lenovo, Foxconn, and MediaTek, serving over 8,000 clients including SF. In April 2020 (noted as April 7 in some reports), AISpeech closed a 410 million yuan (US$58 million) Series E funding round led by CTC Capital, with participation from BAIC Capital (affiliated with state-owned BAIC Group automobile manufacturer) and Goldstone Investment (CITIC Securities' PE unit). This brought total funding to about $179.2 million. Proceeds are earmarked for expanding research and production capacity, digitizing services for government and finance, and strengthening automotive presence. Despite the raise, the company was planning an IPO per China Money Network. AISpeech operates in the growing vocal biometrics and speech recognition market, driven by demand in customer service, enterprise transcription, and emotional analysis. The round reflects investor interest in voice interaction solutions amid COVID-19, alongside robotics and logistics startups.
Jun 2018Series DChina Minsheng Investment Group (lead); Oriza Holdings (lead); Foxconn; Shenzhen Capital Group; MediaTek$77M-AISpeech, a Suzhou-based AI startup founded in 2007 by University of Cambridge graduates, develops natural language interaction technologies including speech recognition, tone analysis, dialog management, speech synthesis, and natural language processing in Chinese and English. The company announced a Series D funding round of approximately $76-77 million (CNY 500 million) on June 26, 2018, led by Oriza Holdings and China Minsheng Investment Group, with participation from Foxconn Technology Group, MediaTek, and Shenzhen Capital Group. This round brought total funding to over $121 million. AISpeech partners with major Chinese manufacturers like Jado, Alibaba, Xiaomi, and Lenovo to offer products such as in-car operating systems, intelligent robots, and smart home appliances, with its APIs integrated into over 100 million devices including speakers, home appliances, cars, and robots. It also provides an enterprise version of a Siri-like AI business assistant. The funding supports expansion into AI chips through a planned joint venture with an undisclosed chip giant to develop embedded AI chips for IoT devices, enhancing capabilities like smart voice, noise reduction, intelligent awakening, and semantic understanding. Prior rounds included tens of millions of yuan in 2012, nearly CNY 200 million in early 2016, and another in September 2016. AISpeech competes with iFlytek, Mobvoi, and Unisound in China's maturing voice recognition market, aiming to commercialize technologies into profitable applications. Post-round plans included pursuing an IPO on a Chinese A-share market, with clear listing strategies outlined. AISpeech represents a key player in human-computer dialogue technology with independent IP and bilingual speech solutions, positioning it for growth in enterprise and consumer AI applications amid rising demand for voice-enabled devices.
Jan 2016Series C-$30M--
Jan 2014Series BDCM Ventures (lead)$15M--

Who has invested in AISpeech?

9 investors have backed AISpeech across its funding rounds, including Shenzhen Capital Group, DCM Ventures, Oriza Holdings, Foxconn, GoldStone Investment and BAIC Capital.

Lead investors include CTC Capital, China Minsheng Investment Group, Oriza Holdings and DCM Ventures.


AISpeech Investors

Investors in AISpeech by funding rounds participated
InvestorHQRoundsRoleFirst check
BAIC CapitalChinaBeijing1ParticipantApr 2020
China Minsheng Investment GroupChinaShanghai1LeadJun 2018
FoxconnTaiwanTaipei1ParticipantJun 2018
GoldStone InvestmentChinaBeijing1ParticipantApr 2020
CTC CapitalChinaShanghai1LeadApr 2020
Shenzhen Capital GroupChinaShenzhen1ParticipantJun 2018
Oriza HoldingsChinaSuzhou1LeadJun 2018

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Investments by AISpeech

AISpeech has invested in 1 company to date.

Latest investment by AISpeech was on January 5th 2018. AISpeech invested in AIHealthX in their $9M Angel round.


Latest Investments by AISpeech

AIHealthX
Description
AIHealthX is a medical AI services provider offering diagnostic, follow-up, and management systems for hospitals. Deployments include pre-diagnosis triage, chronic disease monitoring, ward rounds automation, patient satisfaction surveys, and health education modules. Operating in China, the suite integrates with hospital information systems for real-time clinical decision support.
HQ CountryChina
HQ City
Beijing
Deal Date5 Jan 2018
RoundAngel
Raised$9M
InvestorsBeijing E-town International Investment & Development
Valuationundisclosed
EV/Revenue
EV/EBITDA

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AISpeech Competitors

AISpeech competitors include listed companies like ExaWizards and PKSHA Technology, and private ones like Sarborg, Motion, Replicant and raia.

Public and private companies comparable to AISpeech
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ExaWizardsJapanJapanPublicly listed$77M$13M$558M5.7x
SarborgCayman IslandsCayman IslandsPrivate--$575M-
MotionUnited StatesSan Francisco, CAPrivate$10M-$550M55.0x
ReplicantUnited StatesSan Francisco, CAPrivate--$550M-
raiaUnited StatesSarasota, FLPrivate--$542M-
PKSHA TechnologyJapanJapanPublicly listed$140M$47M$627M2.4x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
ExaWizards$77M$13M6.6x5.7x39.3x-
PKSHA Technology$140M$47M4.1x2.4x12.2x10.7x
Reconova Technologies$66M($8M)10.0x-(82.0x)-
Beijing Hanyi Innovation$28M$5M15.6x13.9x89.9x50.9x
Ropeok Technology Group$23M($28M)18.6x-(15.2x)-
Datasection$216M$27M1.6x1.6x12.7x13.0x
Vrain Solution$21M$6M14.5x11.5x49.0x-
Coveo Solutions$148M($25M)1.2x1.2x(7.3x)107.6x

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Common questions about AISpeech

When was AISpeech founded?AISpeech was founded in 2008.
Where is AISpeech headquartered?AISpeech is headquartered in Quzhou, China.
Is AISpeech publicly listed?No, AISpeech is a private, VC-backed company.
What is AISpeech's valuation?AISpeech was last valued at $566M in its Series E in April 2020.
How much funding has AISpeech raised?AISpeech has raised $277M across 6 funding rounds.
What was AISpeech's last funding round?AISpeech's last funding round was a $69M undisclosed-stage round in January 2025.
Who are AISpeech's investors?AISpeech's investors include BAIC Capital, China Minsheng Investment Group, Foxconn, GoldStone Investment, CTC Capital, Shenzhen Capital Group, Oriza Holdings, DCM Ventures and MediaTek.
Which companies are comparable to AISpeech?Companies comparable to AISpeech include ExaWizards, Sarborg, Motion, Replicant, raia and PKSHA Technology.
How many companies has AISpeech invested in?AISpeech has invested in 1 company, including AIHealthX.
What was AISpeech's last investment?In January 2018, AISpeech invested in AIHealthX's $9M angel round alongside Beijing E-town International Investment & Development.

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