- Companies
- Yitu Technology
Yitu Technology Valuation, Funding & Investors
Yitu Technology is valued at $2B as of February 2022.
Last Yitu Technology valuation
$2B
Undisclosed stage · Feb 2022
Last Yitu Technology funding round
Series A
Amount undisclosed · Jan 2026
Cumulative funding Yitu Technology raised
$401M
across 7 funding rounds
Key investors in Yitu Technology
ZhenFund
HSG
Gaorong Capital
Yunqi Partners
YF Capital
Co-Stone Venture Capital
About Yitu Technology
Yitu Technology is a Beijing-headquartered AI company deploying computer vision and machine learning in security, healthcare, and smart cities. Its products include facial recognition systems used in public safety projects across China and intelligent diagnosis tools for medical imaging.
Founded
2012
HQ
Website
Status
Privately held
Customer focus
B2B & B2G
Revenue model
Licensing
Valuation
$2B (Feb 2022)
Yitu Technology Valuation
Yitu Technology is currently valued at $2B, based on its undisclosed-stage round in February 2022.
The $16M round was led by Yichang Boyue Investment Management.
Yitu Technology's valuation has moved from $2.3B at its Series C in June 2018 to $2B in February 2022, across 4 priced rounds.
Yitu Technology valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Undisclosed stage | $2B |
| Mar 2020 | Undisclosed stage | $2.2B |
| Jul 2018 | Series C | $2.3B |
| Jun 2018 | Series C | $2.3B |
Yitu Technology Funding History
Yitu Technology has raised a total of $401M across 7 funding rounds.
Yitu Technology's first fundraising round was a $100K seed round in February 2013. The most recent completed round was a Series A in January 2026.
Yitu Technology funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Series A | E-Jun Capital (lead); Ruicheng Fund (lead); Volcano Engine (lead); ByteDance; Hefei Binhu Financial Investment; Yunqi Partners; Co-Stone Venture Capital | - | - | - |
| Feb 2022 | Undisclosed stage | Yichang Boyue Investment Management (lead) | $16M | $2B | Yitu Technology is a Chinese AI company listed as a unicorn with a $2B valuation and $401M total funding, including investment from Yichang Boyue Investment Management. Yichang Boyue Investment Management appears associated with the funding activity leading to unicorn status. |
| Mar 2020 | Undisclosed stage | CR-CP Life Science Fund; China Chengtong Hong Kong | $30M | $2.2B | Yitu Technology is a Shanghai-based AI startup specializing in computer vision and deep learning applications, particularly in healthcare and intelligent city solutions. In March 2020, amid China's COVID-19 epidemic, it raised USD 30 million from Runcheng Pilot Fund, initiated by CR Capital Management and China Chengtong Hong Kong. This marked its first strategic funding during the late epidemic stages, supporting AI diagnostic systems deployed in Wuhan hospitals for rapid CT scan analysis to identify nCoV-19 cases. The proceeds from the 2020 round are earmarked for expansion into the intelligent city sector, alongside deeper investments in intelligent healthcare and business systems. Previously, Yitu had achieved a post-deal valuation of CNY 15 billion (approximately USD 2.1 billion at the time) in 2018 following earlier funding rounds. The company aims to extend beyond epidemic response, developing an 'AI Map of Cancer Screening' in partnership with hundreds of top medical institutions to align with China's 'Healthy China 2030' initiative. Yitu operates in a competitive AI computer vision landscape against pre-IPO peers like SenseTime and Megvii. Broader funding history shows total capital raised exceeding USD 355 million, with some aggregate valuations listed around USD 2.37 billion, though not tied to this specific round. |
| Jul 2018 | Series C | China Industrial Asset Management (lead) | $100M | $2.3B | Yitu Technology, a Shanghai-based AI company founded in 2012, specializes in computer vision, natural language processing, knowledge reasoning, intelligent hardware, and robotics, with core applications in security, finance, and medical industries. It ranked first in NIST facial recognition vendor tests (FRVT) in 2017 and the latest competition as of mid-2018. On July 16, 2018, Yitu secured $100 million from sole investor China Industrial Asset Management in an extended C round, following a $200 million C+ round on June 12, 2018, from GC Capital, ICBC International, and SPDB International, bringing total funding to around $355 million. This latest funding raised the company's valuation to over $2.3 billion USD. The funds are earmarked for further development and commercialization of its technology across healthcare diagnostics, security surveillance, retail analytics, and smart cities. Yitu is recognized as one of China's four AI unicorns alongside Face++, Cloudwalk, and SenseTime, with solutions like the Dragonfly Eye facial recognition platform deployed in Chinese security offices, banks, borders, and even Malaysian police systems. Later developments included international expansion with offices in London and Singapore, government contracts in Shanghai, and considerations for an IPO on the city's tech exchange, amid its role in China's AI National Team (AINT). |
| Jun 2018 | Series C | GC Capital (lead); ZhenFund; ICBC International; ZWC Partners; Shanghai Pudong Development Bank; Gaocheng Capital | $200M | $2.3B | Yitu Technology, founded in 2012 in Shanghai, specializes in AI technologies including computer vision, natural language processing, knowledge reasoning, intelligent hardware, and robotics, with core applications in security, finance, medical, transportation, and smart city solutions. The company topped NIST facial recognition vendor tests (FRVT) in 2017 and 2018, outperforming global competitors, and its technology has been deployed by Chinese police for rapid criminal identification, traffic management with Alibaba Cloud, and clients like China Merchants Bank. On June 12, 2018, Yitu closed its C+ funding round, raising US$200 million led by GC Capital, with participation from ICBC International, SPDB International (Shanghai Pudong Development Bank), and others matching the query investors. This followed a CNY380 million Series C in mid-May 2018 backed by Yunfeng Fund and Sequoia Capital China. The C+ round elevated Yitu's valuation to over US$2.3 billion, positioning it as one of China's four AI unicorns alongside Face++, Cloudwalk, and SenseTime. Funds from the rounds support expansion in medical AI diagnostics (chest CT, ultrasound, bone age scanners used in Chinese hospitals), commercialization across healthcare, security surveillance, retail analytics, and smart cities, alongside R&D growth. Yitu had raised approximately $355 million across six rounds by mid-2018 from investors including Gaocheng Capital, ZhenFund, ZWC Partners (Gaorong), Hillhouse, and Sequoia. |
| May 2017 | Series C | ZhenFund; YF Capital; Gaorong Capital; HSG | $55M | - | - |
| Feb 2013 | Seed | ZhenFund | $100K | - | - |
Who has invested in Yitu Technology?
20 investors have backed Yitu Technology across its funding rounds, including ZhenFund, HSG, Gaorong Capital, Yunqi Partners, YF Capital and Co-Stone Venture Capital.
Lead investors include E-Jun Capital, Ruicheng Fund, Volcano Engine, Yichang Boyue Investment Management, China Industrial Asset Management and 1 other investor.
Yitu Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Feb 2013 | ||
| -- | 1 | Lead | Jan 2026 | |
| 1 | Participant | Jun 2018 | ||
| 1 | Participant | May 2017 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Mar 2020 | ||
| 1 | Lead | Feb 2022 | ||
| 1 | Participant | May 2017 | ||
| 1 | Participant | Jun 2018 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jun 2018 | ||
| 1 | Lead | Jan 2026 | ||
| 1 | Participant | Jan 2026 | ||
This data is available for Pro users. Sign up to see all 20 Yitu Technology investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Yitu Technology
Yitu Technology has invested in 1 company to date.
Latest investment by Yitu Technology was on December 15th 2017. Yitu Technology invested in ThinkForce in their $68M Series A round.
Latest Investments by Yitu Technology
| Description | ThinkForce is a Shanghai-headquartered semiconductor company designing AI inference chips and hardware platforms for edge computing. Its processors integrate neural network accelerators supporting TensorFlow and PyTorch frameworks, targeting applications in autonomous vehicles and smart cities. With a fabless model using TSMC 7nm processes, the firm ships millions of units annually to OEMs in China and Southeast Asia. |
| HQ Country | |
| HQ City | Shanghai |
| Deal Date | 15 Dec 2017 |
| Round | Series A |
| Raised | $68M |
| Investors | YF Capital; Hillhouse Investment; HSG |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Yitu Technology investments and their VC round multiples. Start Free Trial | |
Yitu Technology Competitors
Yitu Technology competitors include listed companies like UBtech Robotics and Fractal Analytics, and private ones like Preferred Networks, Allen Control Systems, Odyssey and Hive.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.9B | - | ||
| Private | - | - | $2.2B | - | ||
| Private | - | - | $1.4B | - | ||
| Publicly listed | $298M | ($108M) | $5.1B | 9.5x | ||
| Private | $67M | $6M | $2B | 29.9x | ||
| Publicly listed | $344M | $50M | $1.3B | 3.4x |
Yitu Technology Public Comps
Yitu Technology is still privately-owned, but its public comps include Haizhi, Ncino, Affle 3i, C3.ai, Wenge AI, TRS Information Technology, ROKAE Robotics, Shenzhen Ysstech Info, PCITECH and Intsig Information.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $93M | ($30M) | 21.5x | 16.3x | (67.1x) | (440.4x) | |||
| $595M | $65M | 4.3x | 4.0x | 39.0x | 15.8x | |||
| $282M | $67M | 7.4x | 6.7x | 31.3x | 29.5x | |||
| $250M | ($484M) | 4.3x | 4.5x | (2.2x) | (6.2x) | |||
| $60M | ($20M) | 27.6x | - | (82.7x) | - | |||
| $76M | ($20M) | 19.3x | 19.7x | (73.5x) | 478.8x | |||
| $78M | ($7M) | 20.7x | - | (221.3x) | - | |||
| $205M | $4M | 7.2x | - | 378.8x | - | |||
This data is available for Pro users. Sign up to see all Yitu Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Yitu Technology
| When was Yitu Technology founded? | Yitu Technology was founded in 2012. |
| Where is Yitu Technology headquartered? | Yitu Technology is headquartered in Shanghai, China. |
| Is Yitu Technology publicly listed? | No, Yitu Technology is a private, VC-backed company. |
| What is Yitu Technology's valuation? | Yitu Technology was last valued at $2B in its undisclosed-stage round in February 2022. |
| How much funding has Yitu Technology raised? | Yitu Technology has raised $401M across 7 funding rounds. |
| What was Yitu Technology's last funding round? | Yitu Technology's last funding round was a Series A in January 2026, led by E-Jun Capital, Ruicheng Fund and Volcano Engine. |
| Who are Yitu Technology's investors? | Yitu Technology's investors include ZhenFund, E-Jun Capital, ICBC International, YF Capital, ByteDance, CR-CP Life Science Fund, Yichang Boyue Investment Management, Gaorong Capital, ZWC Partners, Hefei Binhu Financial Investment and 10 others. |
| Which companies are comparable to Yitu Technology? | Companies comparable to Yitu Technology include Preferred Networks, Allen Control Systems, Odyssey, UBtech Robotics, Hive and Fractal Analytics. |
| How many companies has Yitu Technology invested in? | Yitu Technology has invested in 1 company, including ThinkForce. |
| What was Yitu Technology's last investment? | In December 2017, Yitu Technology invested in ThinkForce's $68M Series A alongside YF Capital, Hillhouse Investment and HSG. |
See companies similar to Yitu Technology
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




