China’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on round

China’s SenseTime, the world’s highest-valued AI startup, closes $620M follow-on round

6 years ago
Anonymous $2WKDXfy9lA

https://techcrunch.com/2018/05/30/even-more-money-for-senstime-ai-china/

SenseTime, the world’s highest-valued AI company with a valuation of over $4.5 billion, is back in the money again.

The company raised $600 million in an Alibaba-led financing round announced last month, and now it has added a further $620 million to that with a “Series C+” round announced today.

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