State-linked investors back Series D for China's DataCanvas
DataCanvas, a China-based artificial intelligence-driven (AI) big data solutions provider, has raised CNY 300m (USD 41m) in a first tranche of Series D funding with strong support from investors with ties to national-level state-owned enterprises (SOEs).
Its backers include China Electronics Smart Fund, a vehicle established by China Electronics Corporation, People Capital, an investment arm of China Taiping Insurance, and Oriental Jiafu. Financial investors...
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