Home Chinese AI Startup DataGrand Has Raised $90M From Its C-Round Financing

Chinese AI Startup DataGrand Has Raised $90M From Its C-Round Financing

by sol-admin
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DataGrand is a Chinese AI startup that offers Natural Language Processing and RPA service to major enterprises in the nation. The company provides customers with multiple text automation solutions, such as documentation review, intelligent recommendation, intelligent search, knowledge mapping, etc. Today, DataGrand announced it had successfully completed Series C financing of $90 million.

The investment comes from four leading investment banks, including CITIC Securities, CMS Securities, GF Securities, CSC Securities, as well as prestigious investment organizations such as SCGC, Hundreds Capital, Xiang He Capital, Legend Star and Sunshine Insurance Group.

DataGrand will use the fund to strengthen its lead advantage in Intelligent RPA arena, and accelerate technical innovation and industrial application of its core products and solutions, such as Natural Language Processing, Optical Character Recognition, Knowledge Graph, Intelligent Recommendations and Hyperautomation.