Beijing-based Deepexi, a big data and artificial intelligence-enabled enterprise digitization solutions provider, has raised $35 million Series A funding.
Chinese venture capital firm Morningside Venture Capital, Hillhouse Capital Group, and IDG Capital co-led the funding round.
Other backers including Bertelsmann Asia Investments, Chuxin Capital, Suning Ecological Chain Fund, and Lighthouse Capital also joined the round.
Deepexi will use the new funds to construct an intelligent platform to help enterprises go digital, invest in research and development of products and technologies, talent recruitment as well as market expansion.