As reported by caijing.com.cn, Chinese AI unicorn SenseTime has mentioned in its financing plan that the company expects to be listed in China’s tech-focused STAR market and Hong Kong stock exchange within the next 3 years. For this news, JMDedu asked SenseTime for confirmation while the company responded by saying no comments.
SenseTime, YITU, Megvii, and CloudWalk are regarded as the “Four AI Tigers”. Founded in 2014, SenseTime is currently the world's most valuable artificial intelligence company, and the company was established in Hong Kong with additional offices across China mainland, Singapore, Japan, Abu Dhabi, and the United States.
Within a year, SenseTime has successively finished a $410 million Series B round, a $600 million Series C round, and a $620 million Series C+ round with a year. And its latest round of financing was closed in September 2018, a Series D round with $1 billion from SBCVC.
Since then, SenseTime has been repeatedly reported to mull IPO. In March of this year, the company was said to seek up to USD 1 billion private funding, deferring Hong Kong IPO. And in July, Reuters reported that SenseTime was eyeing STAR market IPO after $1.5 billion fundraisings, but Hong Kong-headquartered SenseTime declined to comment.