SenseTime Raises US$600 Million in Series C Funding
BEIJING, April 9, 2018-- SenseTime (the "Company"), China's leading artificial intelligence (AI) company, has successfully raised US$600 million in its Series C round of funding. Alibaba Group is taking the lead role for this round of funding and other participants include Temasek and Suning. As the Company set a record by raising US$410 million in its series B round of funding last July, it once again sets a new record for venture capital funding in the AI sector.