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Terminus Group raised $276 million in a series D funding round led by AL Capital and Yuyao Yangming Equity Investment Fund to fund LLM applications.

Apr 11, 2024over 1 year ago

Amount Raised

$276 Million

Round Type

series d

BeijingInformation TechnologyArtificial Intelligence

Investors

Sense Time Group Ltd.China Everbright Ltd.Gemdale Corp.Futian Capital Holdings Co. Ltd.Yuyao Yangming Equity Investment FundAl Capital

Description

Terminus Group, a Beijing-based artificial intelligence services provider, has completed a funding round of 2 billions yuan ($276 million) from investors led by Australian investment firm AL Capital and Chinese private equity fund Yuyao Yangming Equity Investment Fund.

Company Information

Company

Terminus Group

Location

Beijing, Beijing, China

About

Terminus is a leading AI smart service provider, shaping the next generation of technology with Artificial Intelligence & Internet of Things (AIoT). We are mission driven, and are committed to providing our customers and partners with exceptional products focused on AI cities, sustainable development, and robotics. We aim to use our AIoT engine to integrate standalone products into smart solutions, eventually paving the way to a world of interconnected AI CITY networks.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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