How Much Did DataGrand Tech Raise?
Funding & Key Investors

DataGrand Tech has secured significant enterprise-level funding, with its most recent capital injection amounting to $90M. This latest round follows a substantial history of financial backing, contributing to a total funding pool of $159M as the company continues its trajectory in the intelligent office automation sector.

What is DataGrand Tech?

DataGrand Tech
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DataGrand Tech is a national high-tech enterprise specializing in intelligent office robots for diverse enterprise scenarios. Leveraging advanced technologies such as natural language processing (NLP), optical character recognition (OCR), robotic process automation (RPA), and knowledge graphs, the company empowers large enterprises and government agencies with office process automation, intelligent document review, text recognition, and high-level vertical search capabilities. These intelligent solutions aim to automate business processes, thereby significantly enhancing enterprise efficiency and intelligence.

How much funding has DataGrand Tech raised?

DataGrand Tech has raised a total of $159M across 4 funding rounds:

2017

Series A

$8M

2018

Series B

$23M

2020

Other Financing Round

$38M

2022

Series C

$90M

Series A (2017): $8M with participation from F&G Venture and SAIF Partners

Series B (2018): $23M led by Mount Morning Capital

Other Financing Round (2020): $38M supported by Shenzhen Capital Group, Z Capital, Mount Morning Capital, CBC Capital, and SAIF Partners

Series C (2022): $90M featuring CITIC Securities, GF Securities, and CMS Securities

Key Investors in DataGrand Tech

CBC Capital

CBC Capital is a venture capital firm operating in the Venture Capital & Private Equity industry, headquartered in Shanghai, China. They focus on providing capital to companies within their investment scope.

SAIF Partners

SAIF Partners is a prominent private equity firm specializing in growth capital for companies in China or with significant regional operations, focusing on sectors like TMT and healthcare.

Mount Morning Capital

Mount Morning Capital is a venture capital fund focused on early and growth-stage investments in the data-driven industrial internet sector, aiming to be an entrepreneurial partner.

What's next for DataGrand Tech?

The recent major strategic investment in DataGrand Tech signals a strong confidence in its market position and future growth potential. This infusion of capital is expected to fuel further innovation in its AI-driven office automation solutions and potentially expand its market reach. The company's focus on enterprise-level solutions suggests a strategic push towards larger contracts and deeper integration within corporate and governmental workflows, positioning it for sustained expansion in the competitive intelligent office robot market.

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Frequently Asked Questions Regarding DataGrand Tech Financial Insights

What are the most recent funding rounds that DataGrand Tech has completed, and what were the funding rounds?
DataGrand Tech has recently completed 3 funding rounds: Series C on Mar 16, 2022, Other Financing Round on May 19, 2020, Series B on Nov 22, 2018.
What is the total amount of funding DataGrand Tech has raised to date?
DataGrand Tech has raised a total of $159M in funding to date.
How many funding rounds has DataGrand Tech completed?
DataGrand Tech has completed 3 funding rounds.
How much funding did DataGrand Tech raise in its most recent funding round?
DataGrand Tech raised $90M in its most recent funding round.
Who are the lead investors in DataGrand Tech's latest funding round?
The lead investor in DataGrand Tech's latest funding round was CITIC Securities. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DataGrand Tech's history?
The largest funding round in DataGrand Tech's history was $90M.
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