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Home TechX World

Senses, an AI startup, collects $16 million in A round of fundraising

Techx Editor by Techx Editor
January 19, 2022
in TechX World
Reading Time: 2 mins read
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Senses, an AI startup, collects $16 million in a round of fundraising

AI, Artificial Intelligence concept,3d rendering,conceptual image.

On this Monday, an AI startup Senses, a Chinese firm, announced the completion of a round A fundraising for almost 100 million yuan. Oriza Prior led this round of funding, which was followed by Global Founders Capital.

The funds will be used to improve the company’s product and technology R&D, speed up deals and collaboration agreements, and expand the company’s business team.

Senses is a supplier of ultra-automated goods and solutions for businesses that was founded in March 2019. It builds intelligent data systems for businesses that aid in the digital delivery of their products and services using Cloud Native as its network infrastructure.

R&D personnel make up more than 80% of the total workforce at Senses. Alibaba Cloud, Huawei, 4Paradigm, Qihoo 360, and other large tech businesses have employed its core members. The company’s personnel has a combined expertise of more than ten years in AI, big data, and large-scale corporate services. Three R&D teams have been established for automation, AI automation, and visual interface at this time.

The company’s three key product lines: Data Super Automation Platform, AI Super Automation Platform, and Business Automation Product Line when combined together performs risk control, marketing, operations, pricing, analysis, and other intelligent functions.

The functional modules of its three core product lines can be employed as independent sub-platforms to address the demands of clients from a vertical perspective. They can also be merged into new systems as needed from a horizontal perspective.

Senses will create a business R&D team and a commercialization team in the coming year to help the company expand its customer base and explore non-financial opportunities.

To read our latest blog on “Rain Financial, a crypto exchange based in Bahrain, has raised $110 million,” click here.

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