{"id":107222,"date":"2020-05-17T19:03:11","date_gmt":"2020-05-18T02:03:11","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2020\/05\/cloudwalk-raises-250m-and-plans-ipo-as-biometrics-firms-flourish-in-china-during-pandemic-response"},"modified":"2020-05-17T19:03:11","modified_gmt":"2020-05-18T02:03:11","slug":"cloudwalk-raises-250m-and-plans-ipo-as-biometrics-firms-flourish-in-china-during-pandemic-response","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2020\/05\/cloudwalk-raises-250m-and-plans-ipo-as-biometrics-firms-flourish-in-china-during-pandemic-response","title":{"rendered":"CloudWalk raises $250M and plans IPO as biometrics firms flourish in China during pandemic response"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/cloudwalk-raises-250m-and-plans-ipo-as-biometrics-firms-flourish-in-china-during-pandemic-response2.jpg\"><\/a><\/p>\n<p><a href=\"https:\/\/www.biometricupdate.com\/companies\/cloudwalk\">CloudWalk<\/a> has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to become the fourth most well-funded biometric facial recognition company in the country, according to a report in Chinese-language publication 36Kr covered by its English-language affiliate <a href=\"https:\/\/kr-asia.com\/key-stat-chinese-facial-recognition-unicorn-aims-for-star-market-ipo\" target=\"_blank\">KrAsia<\/a>.<\/p>\n<p>CloudWalk intends to launch an IPO on Shanghai\u2019s Star Market by the end of 2020, according to the report. The company has raised a total of RMB 2.8 billion ($400 million) so far.<\/p>\n<p>CloudWalk provides facial recognition for numerous public agencies, including the Bank of China, Shanghai Pudong Airport, and China Mobile\u2019s brick and mortar stores.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CloudWalk has raised RMB 1.8 billion (US$254 million) in funding from a group of provincial and municipal funds in China to become the fourth most well-funded biometric facial recognition company in the country, according to a report in Chinese-language publication 36Kr covered by its English-language affiliate KrAsia. CloudWalk intends to launch an IPO on Shanghai\u2019s [\u2026]<\/p>\n","protected":false},"author":427,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1412,6],"tags":[],"class_list":["post-107222","post","type-post","status-publish","format-standard","hentry","category-biotech-medical","category-privacy","category-robotics-ai"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/107222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/427"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=107222"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/107222\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=107222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=107222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=107222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}