Bertelsmann Asia Investments chipped in as enterprise management software provider Deepexi raised series A funding that will go to product development.
China-based enterprise artificial intelligence technology developer Deepexi secured $35m in series A funding yesterday from investors including Bertelsmann Asia Investments, a corporate venturing vehicle for media group Bertelsmann, China Money Network reported.
Morningside Venture Capital, Hillhouse Capital Group and IDG Capital co-led the round, which also featured Chuxin Capital and Lighthouse Capital, the latter of which was also financial adviser for the transaction.
Founded in 2018, Deepexi has built an AI-equipped software platform that helps enterprise customers manage their applications…
