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[Netease smart news November 20 news] Recently, cloud from science and technology announced the completion of B round 500 million yuan financing, coupled with the previous government of Guangzhou City, the two billion government funds from cloud technology support, this time a total of 2.5 billion yuan development funds.
It is understood that this round of financing was led jointly by Shunwei Capital, Yuanyu Origin, and Cape China Capital. Yuexiu Investment, Zhangjiang Xinghe and Qianhai prospered. At the same time, Angel Wheels and A-round investors, such as Jiadu Technology and Ren Jie Nan's Founding Capital, continued to follow this round. Huaxing Alpha is the sole financial advisor to this financing.
According to official sources, after the current round of financing, Yunzi Technology will continue to deepen its focus on key industries and advance the “Cross Strategy†with the National Development and Reform Commission artificial intelligence platform as the core. In addition to continuing to expand and deepen in key industries such as banks, airports, and security, it will also incubate AI companies through national artificial intelligence platforms to provide technological empowerment and enhance the potential of people, organizations, and society.
According to statistics, Yun Cong Technology was established in April 2015 and is a high-tech enterprise incubating in the Chongqing Research Institute of the Chinese Academy of Sciences. It focuses on computer vision and artificial intelligence. The core technology stems from the academicians of the Fourth Academy and the father of computer vision—Prof. Thomas S. Huang, Professor Huang Xiaotao. The R&D team was awarded the World Champion of Intelligent Recognition by PASCAL VOC, IMAGENET, FERA, etc. from 2007 to 2016. (Dingxi)
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