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Data Grand completed 160 million B round financing, China Renaissance Group serv

2018.11.22 17:05

Recently, Data Grand announced that it has completed the 160 million yuan B round of financing. This round of financing was led by the morning fund of the broadband fund, Yuanhe Chongyuan, Lenovo Star, Zhongding Capital and the old shareholders. China Renaissance Group is the exclusive financial advisor for this round of financing. 

The accumulated financing amount of Daguan Data exceeded 200 million yuan, which refreshed the financing record in the field of natural language processing in China and became one of the enterprises with the highest financing amount in the field of semantic identification. Liu Yinghang, director of Huaxing Capital and head of the technology industry, said: “Daguan Data is a high-quality enterprise in the field of natural language processing in China, with top-notch long text processing technology, extensive industry coverage and high-quality customer resources. Driven by rapid productization and strong sales capabilities, the rapid growth of commercialization. We are honored to be able to work with Daguan Data. It is believed that with the cooperation of the management team and the new and old shareholders, the company will continue to lead the intelligent transformation of various industries and become the leading enterprise in the field of artificial intelligence. ”