Shenzhen Kingdom Sci-Tech's robotic process automation spinoff has raised its first external funding, in a $14.3m round led by venture firm Qiming Venture Partners.
Kingsware, a robotic process automation (RPA) technology spinoff of China-based financial software producer Shenzhen Kingdom Sci-Tech, has secured about RMB100m ($14.3m) in series A funding, DealStreetAsia reported yesterday, citing a company statement.
Venture capital firm Qiming Venture Partners led the round, investing alongside Junsan Capital, Huajin Capital, Taiya Dingfu Investment Management, Zhuhai Technology Venture Capital, Zhuhai Angel Fund and Zhuhai Talent Fund.
Kingsware is developing RPA technology equipped with natural language processing, optical character recognition and automatic speech recognition tools…
