Daion Capital

  • Grandhonor completes 300 million RMB Series C financing

    Shanghai Gaozhong Information Technology (Grandhonor) has completed a 300 million yuan C round of financing, according to a 36Kr report. The investment was jointly led by state-owned assets companies, including Qingdao Conson Financial Holdings, Qingdao City Construction Investment (Group), and Qingdao Jiaozhou Industrial Fund. Daion Capital acted as the financial advisor. Grandhonor stated that the C round of financing would be used for the upgrading of its core AI technology platform “Grandcore,” the R&D investment in big data platform technology, the product development and market expansion in industry scenarios such…