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, 2024•over 1 year ago
Amount Raised
$276 Million
Round Type
series d
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.
Funding Insights
Based on industry dataVC-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