AI application algorithm framework developer SIGAI closes multimillion-yuan Pre-Aled by Cretrend Capital

SIGAI, a Chinese AI application algorithm framework developer, has recently completed a 10-million-yuan level Pre-A round of financing.
This round of financing was led by Cretrend Capital and joined by industrial investors, with Alien Investment serving as investment advisor.

SIGAI, or Sigai.cn, a Chinese AI application algorithm framework developer, has recently completed a 10-million-yuan level Pre-A round of financing.

This round of financing was led by Cretrend Capital and joined by industrial investors, with Alien Investment serving as investment advisor.

Lei Ming, founder & CEO of SIGAI, said that proceeds from this round of financing will be mainly used for iterative upgrading of its mature products, commercialization of vertical application scenarios, scale-up of the benchmark clients, and steady research and development of new product lines.

Previously, SIGAI had closed a multimillion-yuan angel round led by Plug and Play China and joined by TusStar Incubator Investment in early 2019.

Founded in early 2018, AI startup SIGAI focuses on machine vision frameworks for applications. The company provides visualization, automation, and zero programming machine vision and deep reinforcement learning frameworks, empowering various industries with standardized algorithms.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/07/ai-application-algorithm-framework-developer-sigai-closes-multimillion-yuan-pre-aled-by-cretrend-capital/.

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