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Peak XV And HongShan Back AI Startup Tackling Online Counterfeits In $48 Million Round

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Marq Vision, an AI-powered anti-counterfeits startup cofounded by a South Korean Harvard Law School graduate, has raised $48 million in a funding round led by Peak XV Partners, the former India and Southeast Asia arm of Sequoia Capital.

Other investors who participated in the Series B round include HongShan Capital Group (HSG), the ex-China arm of Sequoia; Salesforce Ventures; Y Combinator and its partner emeritus Michael Seibel; Altos Ventures; South Korean venture capital firm Atinum Investment and Japan’s Coral Capital, Marq Vision said in a statement on Monday. The Los Angeles-based startup, which also has........

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