CreditEase was among the investors in enterprise AI technology startup AInnovation's series B round, which was more than $57m in size.
China-based artificial intelligence technology developer AInnovation has closed a series B round sized at almost RMB400m ($57.2m) featuring online lending platform CreditEase, 36Kr has reported.
The round was led by China Renaissance’s Huaxing New Economy Fund and included growth equity firm SAIF Partners and CICC Alpha, a vehicle for investment banking group China International Capital Corporation.
Formed as an affiliate of venture capital firm Sinovation Ventures, AInnovation develops machine learning, computer vision and natural language processing-powered products for enterprise customers…
