Ai yu, CEO of Terminus: with the cooperation of Investcorp, a global leading investment company, Terminus has entered into the international development strategy
Everbright holdings signed an agreement on deepening cooperation in the new economic strategy with Investcorp, a leading global investment company, in Beijing.
Source: Securities Times
Original: Click here
Everbright Group signed a strategic contract with China Baowu, and Terminus helps the global steel industry leader to upgrade its wisdom
Everbright artificial intelligence industrial base starts! Terminus creates the first world-class AI CITY model
To spread China's temperature to the world, Terminus took science and technology products to help Qatar
Everbright Artificial Intelligence Industrial Base Starts Construction! Terminus Creates the First World-Class AI CITY Model
Terminus AI "fight epidemic" : intelligent community products enabling epidemic prevention and control in Shanghai after the pilot will be introduced to more cities
Terminus with China unicom, Titan patrol robot pasted 5G environment test
Behind the CNY 2 billion financing of Terminus: the leader of AIoT who knows most about the scene and customers
Terminus completes 2 billion financing, is the Internet of things an easy road?
CNY 2 billion C1 round of financing was completed, and two sharp swords of AIoT + wisdom scene were created by Terminus
Chinese AIoT Firm Terminus Grabs USD 283 Million from Everbright
Chinese leading AIoT company Terminus announced it has closed CNY 2 billion (USD 283 million) Series C1 round of funding. The deal was led by its existing investor Everbright, followed by E-commerce giant JD.com, voice recognition technology player iFlytek, and real estate conglomerate Wanda Group.
Both of JD Digits (formerly known as JD Digital) and JD Cloud participated in the investment. “In cooperation with JD, Terminus will leverage its technology to define the future of security, communities, politics, and retail.” Ph.D. Liao Jianwen (廖建文), JD’s CSO (Chief Strategy Officer) said.
“We value Terminus’s edge computing and IoT abilities, and its penetration in different scenarios. We look forward to partnering with the company to improve intelligence level in various industries. ” iFlytek’s executive president Chen Tao (陈涛) said.
Prior to the round, the company has already been backed by a batch of high-profile investors like CICC, IDG Capital, and Artificial Intelligence firm SenseTime. It keeps a high speed of sales growth since inception, recording average growth of more than 200%, the company claims. Last year, its transaction value has surpassed CNY 5 billion (USD 750 million).
Terminus positions itself as all-industries AIoT solutions provider. The company targets directly at verticals and applications leveraged by underlying cloud computing technology and universal medium-end data service, a strategy differentiates the firm from IaaS (Infrastructure as a service) cloud service. With 523 patents in hand, the company has launched 8,400 programs in China so far. Powered by various 5G applications, Terminus built a smart community in Beijing this April, exploring the opportunities brought by the combination of 5G and IoT technologies.
Through the interaction of AI and 5G, today’s IoT devices can capture vast amount of media data as a base of machine learning, perform analysis, different tasks, and decision-making processes. It is a market that expects to grow to USD 1,612 billion in 2025 from USD 164 billion in 2018.
EqualOcean is an international information service provider and investment research firm that aims to become a global platform for industrial innovation.
We strive to make technology inclusive, accessible and transparent.
Join over 70,000 of your peers
9 Xiaguangli, 10F Block A CEC Development Mansion, Chaoyang Dc, Beijing 100125, China
A002, 5F, Ai Tower, 701 Yunjin Road, Xuhui Dc, Shanghai 200232, China
800 Third Ave, 28F, New York, NY 10022, USA
Interviews with analysts
Products & prices
Customers & evaluation
Copyright ©2020 EqualOcean.com. All rights reserved.