AI intelligent architecture firm xKool Technology closes near-RMB100m Series A financing

xKool Technology, an AI intelligent architecture firm, announced that it has completed a series A financing of nearly 100 million yuan, jointly invested by Vision Knight Capital and well-known government-owned enterprise capital.

xKool Technology, an AI intelligent architecture firm, announced that it has completed a series A financing of nearly 100 million yuan, jointly invested by Vision Knight Capital and well-known government-owned enterprise capital.

Previously, the company obtained tens of millions yuan in Pre A financing round of from Oriental Fortune Capital and South China Venture Capital in May 2018; in November 2017, it completed a ten-million-yuan angel round led by Hongtai Capital Holdings and joined by Tianan Futian Guiding Fund and others.

After this round of financing, xKool will launch AI intelligent design 3.0 products and solutions, explore the diversified possibilities of combining artificial intelligence with buildings and cities, and increase marketing efforts.

Established in August 2016, xKool Technology is a developer of an artificial intelligence design cloud platform in the construction industry. The company helps the industry’s intelligent upgrade by implementing the AI design engine to assist urban planning, architectural design, and development decisions. The company’s platform makes scientific project comparison based on data analysis, and optimizes the solution with the help of intelligent interaction, enabling project partners to communicate and productively collaborate with each other.

Since the official launch of its product in 2018, xKool Technology has developed rapidly. It has acquired more than one hundred corporation clients and won the favor of dozens of benchmark real estate enterprises, including Vanke, Country Garden, Hong Kong Land, Wanda, and New World, accounting for a market share of some 30% of the Top 100 real estate developers.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/07/ai-intelligent-architecture-firm-xkool-technology-closes-near-rmb100m-series-a-financing/.

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