Sequoia Backed AI Unicorn 4paradigm Nets 700m Series

Company NameCEOFund RaiseLed ByPost-money Valuation
4paradigmWenyuan Dai$700 MPrimavera Capital Group, Boyu Capital, and Hopu InvestmentsNot Found 

4paradigm company announced A Series D Funding round led by Primavera Capital Group, Boyu Capital, and Hopu Investments netted the Chinese AI startup with fund Raise of $700 M. Some of the Government-linked Strategic Investors like National Manufacturing Transformation and Upgrading Fund, Chine Reform Holdings, CSC Financial, China Development Bank, Chine Jianyin Investment, and Haitong Securities. Some institutional investors like Sequoia Capital China, Goldman Sachs, FountainVest Partners, and CITIC Private Equity Funds Management.

Also, read Berlin Based Flink 240m Mubadala Capital Lund Edge Techcrunch

4paradigm offers enterprise-grade AI to assist clients in implementing AI solutions for business problems and accelerating digital transformations. With the help of these raised funds, the company declares that it will hire talent, build an enterprise-grade ecosystem based on AI, and quicken the distribution of key industries. 

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