Aviation Industry Corporation of China and GF Securities took part in the anti-theft and fraud software developer's latest round, which was in the eight figures.
China-based big data technology provider Hangzhou Tongdun Technology has landed tens of millions of dollars in a funding round featuring aerospace and defence equipment producer Aviation Industry Corporation of China (AVIC).
The round included brokerage firm GF Securities’ GF Global Investment Fund, as well as venture capital firm Zheshang Venture Capital and an undisclosed global financial institution. AVIC participated in the round through its corporate venturing arm, AVIC Capital.
Founded in 2013, Tongdun has developed artificial intelligence-powered software products that help…
