Natural Language Processing startups in China
There are 82 Natural Language Processing startups in China which include iFLYTEK, Xiaoi, YITU, Moonshot AI, Leyan Technology. Out of these, 56 startups are funded, with 27 having secured Series A+ funding, and 3 achieving unicorn status.
Over the past 10 years, an average of 3 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Hong Kong University of Science and Technology (HKUST), Tsinghua University and University of California (Los Angeles).
Here is the list of top Natural Language Processing startups in China
1. iFLYTEK
Provider of AI-based speech and language interaction technology. Its features include speech recognition, text to speech, comprehension of natural language, speech evaluation, voiceprint, and handwriting recognition. It caters to multiple dialects and languages, and its translator device supports cross-language communication, subtitling, and offline translation.
Key facts about iFLYTEK
- Founded Year: 1999
- Location: Hefei (China)
- Stage: Public
- Investors: Legend Capital, China Guoxin Holding and 7 Others
- Latest Funding Round: Post IPO, Jul 17, 2019, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 8 of 248 Competitors
2. Xiaoi
Provider of an intelligent AI based natural language processing technology. It is applicable to various industry sector solutions such as telecommunication, finance, government, eCommerce, smart household appliances, and automobiles. It has various patents in natural language processing and human machine interaction.
Key facts about Xiaoi
- Location: Shanghai (China)
- Stage: Public
- Total Funding till date: $8.04M
- Investors: JAFCO Asia, Pengshi Private Equity and 13 Others
- Latest Funding Round: Post IPO, Jun 17, 2024, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 10 of 314 Competitors
3. YITU
Yitu provides AI-based business applications. It claims to have developed technologies for computer vision, natural language, knowledge reasoning, intelligent hardware and robotics for different business sectors such as security, finance, transportation, and healthcare. The company develops security systems, identification authentication, and recognition.
Key facts about YITU
- Founded Year: 2012
- Location: Xuhui (China)
- Stage: Series C
- Total Funding till date: $385M
- Investors: Hillhouse, Gaorong Capital and 20 Others
- Latest Funding Round: Series C, Dec 21, 2023, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 51 of 815 Competitors
4. Moonshot AI
Platform offering artificial intelligence solutions. It develops large language models and creates LLMs for handling long context and producing results for tasks such as legal documents, finance analysis, and creative writing.
Key facts about Moonshot AI
Leyan Technology is developing artificial intelligence-based customer service applications. The company claims that the applications are equipped with natural language processing, therefore, can automatically answer to users without the need for in-depth training dialogue. Applications are in the areas of government, finance, hospitals, and education.
Key facts about Leyan Technology
- Founded Year: 2014
- Location: Shanghai (China)
- Stage: Series D
- Total Funding till date: $120M
- Investors: CICC Capital, Bell Capital and 12 Others
- Latest Funding Round: Series D, Apr 25, 2021, $*****
- Tracxn Score: 48/100 What is this?
- Competitors Rank: 54 of 1,815 Competitors
