51VR Revenue and Competitors

Started from a technology company based on computer graphics, 51WORLD (formerly 51VR) has reached out to a wide range of businesses in physical simulation, industrial simulation, artificial intelligence, big data and cloud computing. It has delivered world-leading digital twin products and services in areas of smart cities, automobiles and transportation, smart manufacturing and real estate. 51VR intended to eventually build a genuine virtual domain called “51World” which helps individuals and enterprises safely, efficiently and accurately explore the world, run AI training, and perform prediction. 51VR has set up R&D department in Beijing, Shanghai, Chengdu, San Francisco, London, and Frankfurt. As the team has over 240 members, over 65% of which are research and development experts in computer graphics, computer vision and deep learning who graduated from Tsinghua University, Zhejiang University, Shanghai Jiaotong University, Stanford University, UCL, UIUC etc, and had working experience in companies such as MSRA, Autodesk, Crytek, CCP, Activision Blizzard, Virtuos, etc. In 2017, 51VR was certified for National high-tech technology enterprise, and won several awards in HTC Vive, UCCVR, VRCore and other industry awards. By 2017, 51VR has raised more than 300,000,000 RMB of funding from over a dozen of investors including Lightspeed China Partners, Modern Land, SenseTime, Star VC, Green Living Equity, Green Pine Capital Partners, Tujia, SPD Silicon Valley Bank, etc.