Emotibot, an NLP-based AI service provider, bags CNY 100 million(USD 14.87 million) from the Series D1 financing round, jointly invested by Kymco Capital, Jiangsu Culture Investment, and Junzi Investment.
Emotibot (Chinese:竹间智), a leading NLP-based (natural-language-process-based) AI service provider, completed a Series D1 financing round worth nearly CNY100 million(USD 14.87 million), jointly invested by Kymco Capital, Jiangsu Culture Investment, and Junzi Investment.
The financing funds will be used for promoting SaaS standardized products and continuing to keep its technical and product advantages and help more large and medium-sized enterprises achieve intelligent transformation, news portal 36kr.com reported.
Emotibot, founded in 2015, is a NLP and multimodal emotion recognition technology developer which is committed to integrating AI capabilities into enterprise business to empower enterprises in intelligent transformation. Emotibot has focused on natural language understanding for many years to cultivate digital employees systematically by following the training path of human employees.
Now the firm provides complete solutions in AI + Finance, AI + Enterprise, AI + Medical, AI + Manufacturing, AI + Intelligent Terminal, AI + Government and other fields. It has served more than 300 large enterprise customers including Huawei, Minsheng Bank, Guangzhou Automobile Group, China UnionPay.
NLP is the core technology that enables AI with cognitive intelligence. The degree of generality of NLP technology determines the extent to which digital employees can be produced at large scale. Mature NLP technology is supposed to handle both long and short texts, but most players on the market currently generally only focus on either long or short texts. Emotibot is trying to make a difference.
Emotibot's international competitors include InteracTIonsCorporaTIon(America) and DigitalReasoning(America) and domestic ones include iFLYTEK(Chinese:科大讯飞), Unisound(Chinese:云知声) and AISPEECH(Chinese:思必驰).