Key points of investment: Products and customer cases have first-mover advantages, and healthy financial conditions have always been profitable.

It is learned that the cognitive intelligence company “Yuan Ting Technology” has completed a round A financing of 100 million yuan. This round of financing was led by CLP China Capital Fund, and Xiamen Venture Capital followed suit. It is understood that Yuanting Technology has previously received angel rounds and Pre-A rounds of financing, and the total amount of financing has reached nearly 100 million yuan.

Yuanting Technology (full name “ Xiamen Yuanting Information Technology Co., Ltd.”) was established in 2014. It is an artificial intelligence technology company focusing on the field of cognitive intelligence and providing “AI + industry” solutions. The current data intelligence products independently developed by Yuanting Technology include: Universal Knowledge Graph Technology Tool (DataExa-Sati Cognitive Intelligence Platform), Automated AI Middle Platform (DataExa-Insight Artificial Intelligence Middle Platform), DataExa-Maya Intelligent Question Answering Platform, DataExa- Kamala natural language processing platform, DataExa-Rama search platform, etc.

The company’s products have been successfully used in national defense (China Army, Air Force, Military Commission Equipment Development Department, etc.), banks, securities (map application of Guangfa Securities Industry, etc.), public security (multi-provincial and city information map), civil aviation ( Hainan Airlines, etc.), operators (China Mobile Group, multi-provincial mobile companies, etc.), electric power (multi-provincial power grid companies), medical and other major industry fields, to build a life-cycle data value mining system for customers.

Here are two core products of Yuanting Technology:

  • Artificial Intelligence Central Taiwan

    DataExa-Insight is an enterprise-grade artificial intelligence mid-stage product that can help companies quickly build intelligent data analysis platforms. Since 2014, this product has gone through five major iterations and has successful landing experience in financial, public security, regulatory, and national defense units.

    The platform is based on technologies such as AutoML and cross-AI platform protocols, and provides full life-cycle support for the construction of artificial intelligence applications. It supports scientists, engineers, algorithm researchers, and analysts to work together. The output includes machine learning and deep learning. Algorithm-level, component-level, engine-level, and application-level full stack capabilities.It covers hundreds of AI application operators such as image recognition, natural language processing, and predictive analysis, and performs overall optimization and scheduling of computing resources (big data clusters, GPU clusters, etc.).

    It is understood that the DataExa-Insight artificial intelligence Zhongtai has won the 2019 Galaxy Award for outstanding big data products from the Ministry of Industry and Information Technology, and has passed the “Deep Learning Training” organized by the China Artificial Intelligence Industry Development Alliance (AIIA) Platform Evaluation. ”

    • Knowledge Graph

      The DataExa-Sati cognitive intelligence platform provides a set of industry knowledge maps to build an analysis system, including visual knowledge modeling, multi-source heterogeneous knowledge extraction, knowledge fusion to resolve entity conflicts and attribute alignment, and support trillion levels High-performance graph storage computing engine and complex knowledge reasoning, etc., finally provide industry solutions for many industries.

      By constructing an industry knowledge map, the DataExa-Sati cognitive intelligence platform can quickly and accurately extract valuable information from the knowledge map and provide visual analysis and display.

      At present, the DataExa-Sati cognitive intelligence platform has been applied to a number of projects in the fields of public security and national defense, providing knowledge processing, intelligence analysis, clue mining capabilities, and big data and risk control of financial credit in the financial field. Such scenarios have accumulated more cases.

      The DataExa-Sati cognitive intelligence platform has won the 2018 Galaxy Award for outstanding big data products from the Ministry of Industry and Information Technology, and has passed the “Knowledge Graph Industry Standard Function Evaluation” initiated by the Ministry of Industry and Information Technology.

      Investment View

      Zhou Xuan, a partner of CLP China Gold Fund, said: “After experiencing the market enthusiasm of previous years, investors in the field of artificial intelligence have become more cautious and rational in 2019. We choose investment Ting Technology, in addition to appreciating the solid and grounded technical and operation team led by Wanfu , we mainly value its clear landing scene and have established with non-governmental head customers Direct and substantial business relationships .

      In terms of industry trends, we believe that with the implementation of European GDPR and the release of the domestic “Data Security Management Measures (Consultation Draft)”, In the medium and long term, AI application service companies and the underlying data sources Will inevitably be isolated . Yuan Ting launched its artificial intelligence products in Taiwan in the past two years, which is well adapted to this trend. In addition, unlike 90% of artificial intelligence companies in the market that are in a loss state and need continuous financing to maintain them, Yuan Ting has been profitable since its establishment, has a healthy financial situation and prudent operation management. “

      Relevant person in charge of Xiamen Venture Capital said: “Xiamen is currently vigorously nurturing the development of” three high “enterprises such as artificial intelligence, big data, cloud computing and other” high-tech, high-growth, high-value-added “enterprises. In the fields of defense, security, security, etc., we have a deep accumulation of technology and have many successful cases of head customers in the service industry. “