Squirrel AI is the first AI-powered educational technology and service provider in China, which raised over RMB 1B ($143.8M) and is awarded the Top 20 Artificial Intelligence Unicorn of China
Professor Tom Mitchell, the Dean of School of Computer Science at Carnegie Mellon University is appointed as Squirrel AI’s Chief AI Officer. Squirrel AI has also established AI Labs at SRI International (Stanford Research Institute) and Institute of Automation, Chinese Academy of Sciences. Squirrel AI has also presented and published multiple research papers at world renowned academic conferences and journals
Squirrel AI Learning has built more than 2,300 schools around China in more than 600 cities and counties. More than 1 million students benefited from Squirrel AI Learning’s products in online and offline settings
From 2015 to 2018, Squirrel AI Learning has achieved a compounded annual growth rate of 500% for three consecutive years. Squirrel AI Learning is awarded the 2018 Deloitte Technology Fast 50 China. It also demonstrated robust growth. In 2018, the combined annual revenue of the company headquarters and the partner schools has surpassed RMB 1B, and the number is expected to reach RMB 1.8B in 2019
Founded in Mar’12, ByteDance saw the opportunity to combine the power of artificial intelligence with the growth of mobile internet to revolutionize the way people consume and receive information. This made ByteDance one of the first companies to launch mobile-first products powered by machine learning technology
ByteDance’s mission is to build the future of content discovery and creation
Established in 2014, Yitiao has become one of the most influential combinations of lifestyle new media and e-commerce platform, having over 35 million online subscribers so far
As a “Guide to better living”, Yitiao focuses on the rising “New Middle Class” in China, posting one original short video daily to them. It has reported over 1,000 top individuals and groups world-widely. Its e-commerce platform strictly selected over 100,000 quality goods among more than 2,500 brands
Since 2018, Yitiao has started opening physical stores, operating a new way of retail. So far, 20 stores have been opened nationwide. Yitiao retail store is ranked 6th in the top 50 welcoming new brand list in shopping malls and 1st in the crossover integrated store column
Musical.ly is a video-based entertainment social platform that can be viewed as the video version of ‘Instagram’.
Musical.ly launched in Jul’16 its live broadcasting App – ‘Live.ly’, which has quickly climbed up to #1 on US AppStore ranking. Its current MAU has exceeded ‘Periscope’.
As of Oct’16, its total number of registered users has exceeded 130 million with DAU close to 13 million, the average daily video upload has reached over 10 million, and the single-day video playback has exceeded 2 billion times.
Abakus is a technology-driven company that employs various hard technologies such as AI and machine learning to increase efficiency. Abakus also provides the new generation with intelligent technological services
With 160 million users and 65,000 partners worldwide, Abakus technology is used in a diverse scope of fields including finance, new retail, lease and workspace, chips, AI chips, legal and medical aesthetics. The company’s technology has also been used to produce Neuromorphic chips
Established in 2007 and headquartered in Shanghai, PPDai is one of the largest Fintech companies in China. PPDai (NYSE:PPDF) went public in Nov’17
Founded in 2012, Mobvoi is an AI company focusing on voice interaction and software-hardware integration. Its in-house core technologies include digital signal processing, hotword trigger, voice recognition, natural language understanding, multi-turn dialogue, search and smart recommendation, TTS, etc.
Mobvoi’s mission is to define the next generation of human-machine interaction by AI technologies, and the company has accumulated experiences in developing AI-powered smart products. For its to C business, Mobvoi focuses on smart wearables and has launched products of TicWatch Series and TicPods Series. The connection between TicWatch and TicPods makes AI the virtual assistant for people’s life. With rich experience of to C business, Mobvoi started its toB business in the automotive area with a pre-installed voice interaction system. In addition, the company is empowering developers and traditional enterprises by providing customized software and hardware solutions for finance, insurance, retail and telecom industries
Mobvoi has reached strategic cooperation with Google and Volkswagen Group
Cootek is a fast-growing mobile internet company. Its global portfolio of mobile applications serves a large global user base, comprised of an average of 132.6 million DAUs across more than 240 countries and regions as of Jun’18, representing 75.3% year-on-year growth. Cootek went public in Sep’18 in NYSE
Its core product, TouchPal Smart Input, is an intelligent input method for mobile devices and generates a massive, diverse set of user interaction data. It employs proprietary AI and big data analytical technologies both to process such data and a large amount of multi-language content that it sources and organizes from the internet, and to develop advanced multilingual natural language processing and semantic understanding technologies. Cootek has a proven and scalable monetization capability in mobile advertising
Founded in 2010, Bangcle is a global mobile application security service expert. Bangcle provides App security protect, mobile threat detect, pre/post emergency response and many mobile-end security reinforcement. Bangcle has established an in-depth business-oriented life cycle defense system for mobile businesses. In 2016, the Company further launched security solutions in InternBangcle has served more than 700 large clients, covering industries in finance, telecom carriers, Internet, IoT (Internet of Things), government departments, and efficiently solve security problems enterprises face in business, system, data and payments
et of Cars and smart homes
Founded in 2014, Flash Delivery is the leading peer-to-peer intra-city fast delivery platform in China, offering the fastest and highly customized delivery service for both individuals and business owners
Market Leader: Dominant leading position in all key cities comparing to competitors. 2019 target GMV is nearly RMB 3B
Large Potential Market: FD is on track to reach 1M average daily orders within the next 12-18 months while its long-term potential can reach more than 4M daily orders. As of Sep’19, FD reached 330K average daily orders with 85% orders fulfilled, and its peak daily volume reached 550K orders
Profitable Growth: Flash Delivery is accelerating its growth by city expansion and improving user brand awareness and differentiation through marketing campaigns. Flash Delivery is a synonym for quality intra-city express in tier-one cities. Beijing’s operating gross profit has surpassed RMB 10M in Sep’19
Healthy Financials: Strong balance sheet with over RMB 500M cash and cash equivalents
Codoon is devoted to provide a full range of smart sports services to its 180 million users, including professional sports software, smart hardware device, and abundant wellness content and courses
Founded in 2015, 51zhaoyou is a B2B platform for petrochemical products and currently provides transaction matching and logistics services in vertical areas such as diesel, petrol, natural gas, light oil, etc.
Zuiyou is a social networking platform that allows users, mainly post-95 generation, to share short funny contents and react to each others’ postings. It is one of the top UGC communities in China
Zuiyou’s cornerstone attitude is “freedom to express and courage to love”, and Zuiyou values user interaction and strives to encourage user engagement. It has established itself as an influential platform among Chinese youngsters
Founded in 2014, Agora is the inventor of Communications-Platform-as-a-Service delivering real-time communications for developers and businesses globally
Agora’s APIs are the most widely adopted APIs for real-time communications around the world, installed on more than 3 billion devices. Agora delivers over 600 million minutes per day. Over 150 thousand registered apps are using Agora APIs
The Agora API enables voice calling, video calling, interactive broadcasting, interactive gaming and much more in the app. Agora APIs are used by Xiaomi, Momo, TikTok, The Meet Group, VIPKID to build in-app real-time communications