QuadTalent nets over USD20m in first financing round led by Gaorong Capital

QuadTalent announced the completion of its first round of financing of more than 20 million US dollars, led by Gaorong Capital, with a post-investment valuation of nearly 200 million US dollars.

QuadTalent announced the completion of its first round of financing of more than 20 million US dollars, led by Gaorong Capital, with a post-investment valuation of nearly 200 million US dollars.

QuadTalent was founded in August 2019 by Dr. Wanli Min, former Alibaba Cloud Chief Machine Intelligence Scientist, and is positioned as an industrial intelligent solution service provider, focusing on providing digital transformation and intelligent upgrade solutions for the traditional evergreen industry.

Proceeds from this round of financing will mainly be used to accelerate business expansion and team building.

Unlike typical B2B SaaS products offering generic functionalities, QuadTalent tailor cutting-edge technology solutions to tackle high-impact use cases where AI algorithms and cloud computing help exploit data assets to unleash substantial value.

To deliver such impact, QuadTalent provides immersive ‘B4B Solution-as-a-Service’ offerings encompassing digital transformation consulting and implementation, aligning strategic priorities of businesses with value-oriented technology milestones and roadmap.

Since the establishment QuadTalent, the business of the company has covered many industries such as retail and manufacturing. It has been comprehensively promoted enterprise digital transformation and intelligent upgrade from the dimensions of smart manufacturing, smart supply chain, smart stores, and in-house smart management.

Since 2015, QuadTalent’s core team had successfully delivered over 100 digital transformation projects across 8 industries, helping clients generate several billions of yuan in revenue.

The company has been looking to establish a presence beyond China, and propose a global strategy. With branches in the United Kingdom, the UAE and Southeast Asia, it is currently cooperating with well-known overseas industrial groups.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/14/quadtalent-nets-over-usd20m-in-first-financing-round-led-by-gaorong-capital/.

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