iFlytek is a Chinese company focused on speech recognition and artificial intelligence (AI). According to a filing on the Shenzhen Stock Exchange, the company has raised $407 million via a private placement. The funding was provided by a state-backed industry fund and several provincial government funds. The transaction was disclosed in the company's Shenzhen Stock Exchange filing. The article does not provide operating metrics, use-of-proceeds details, or the names of the participating funds.

Total raised

$407M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2019