AI Company Euler Intelligence Raises Tens of Mns of CNY from Series Pre-A+ Funding Round

Technology Author: Qinqie He Oct 25, 2022 02:07 PM (GMT+8)

Euler Intelligence is an artificial company specializing in knowledge graph solutions. It recently completed a series of pre-A+ funding rounds worth tens of millions of CNY, led by Timeless Invest Capital Management.

data solution

Founded in 2019 and headquartered in Beijing, Euler Intelligence (Chinese: 欧拉智能) is a high-tech company focusing on the knowledge graph solution, providing a cognitive intelligence platform and a "knowledge as a service" model. It recently completed a series of pre-A+ funding rounds worth tens of millions of CNY, led by Timeless Invest Capital Management.

It is worth mentioning that this is the second funding round that Euler Intelligence had this year, and the previous one happened in February 2022. Euler Intelligence will use the capital to improve the capability of graph computing engines, R&D investment, and marketing.

Based on its original new-generation cognitive intelligence platform and "knowledge service" model, Euler Intelligence provides users knowledge learning process, complete professional data analysis and real-time data-driven conclusions without them knowing complex operations or having a specific skill set. Companies, especially knowledge-intensive companies, would benefit from the reduction of data analysis cost, improvement of data-based decision-making efficiency and upgrade of cognitive intelligence level.

 Euler Intelligence serves more than 20 Chinese central State-owned enterprises, such as China Telecommunications Corporation, China Mobile Communications Group, China United Network Communications Limited and STATE GRID Corporation of China. The revenue of Euler Intelligence reached 10 million in 2021 and is expected to be 1.5 times last year's revenue in 2022, according to Euler Intelligence's CEO.

Euler Intelligence's competitors include Intellias, Simform, Hyperlink InfoSystem, Electric, Teravision Technologies, Vates, SPEC INDIA, Andersen Inc, Intetics Inc, SugarShot and Future Processing.