CB Insights June 4, 2020
We take a look at Q1’20 funding trends, areas of focus, and valuation data for China-based AI startups.
China-based AI startups saw deals slide in Q1’20, as Covid-19 peaked and investors shifted their focus on later-stage bets.
Despite the market volatility wrought by the virus, China invested heavily in AI infrastructure to combat Covid-19. Tech giants like Alibaba and Baidu stepped up to hone diagnostics tools and virus analysis algorithms; and AI heavyweight SenseTime deployed contactless temperature detection software as well as a biometric identification system for people wearing masks.
Below, we spotlight funding trends in the China AI space, top areas of investor focus, and the most well-funded AI startups in the country.
Funding trends
AI startups in China...
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