AI item recognition cloud platform Pinlan Data closes multi-million-yuan Pre A+ financing round

AI item recognition cloud platform Pinlan Data recently announced the completion of a Pre A+ round of financing of tens of millions of yuan, led by PlumVentures, and joined by Innovation CampCapital. Yiren Capital served as the sole financial advisor for this investment.

AI item recognition cloud platform Pinlan Data recently announced the completion of a Pre A+ round of financing of tens of millions of yuan, led by PlumVentures, and joined by Innovation CampCapital. Yiren Capital served as the sole financial advisor for this investment.

The proceeds will be mainly used for the iteration of its general AI item recognition cloud platform Yilantong, talent development, and market expansion.

Established in June 2018, the company focuses on general AI item recognition technology and provides enterprises with Big data analysis and automated enterprise operation management and control services based on item image recognition. The company’s solutions have been applied in fields of retail, warehousing, and architectural design.

Pinlan Data had previously received several million yuan in angel round financing at the end of 2018. And in July 2019, it had received tens of millions of yuan in its Pre A round led by Zhonglin Capital.

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-item-recognition-cloud-platform-pinlan-data-closes-multi-million-yuan-pre-a-financing-round/.

Leave a Reply

Please Login to Comment