Tencent has returned to lead a $297m series D round for big data technology producer MiningLamp, having co-led its $159m series C a year ago.
China-based big data technology developer MiningLamp Technology received RMB2bn ($297m) in series D capital yesterday from a group of investors led by internet technology producer Tencent.
The round included Huaxing Growth Capital, an investment division of investment bank China Renaissance, as well as property trust manager Avic Trust and an undisclosed local investment firm.
Founded in 2014, MiningLamp’s products include LiteMind, a platform that converts natural language into structured data, and a big-data mapping tool known as Nest.
The company…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
