Recently, Mindflow announced that it has completed the Pre-B round of financing of CNY 50 million (USD 7 million) in July 2022. The funds raised will be mainly used for product development, self-driving data labeling market expansion, etc.
Recently, Mindflow (Chinese: 曼孚科技), an AI infrastructure and data intelligence platform service provider, announced that it has completed the Pre-B round of financing of CNY 50 million (USD 7 million) in July 2022, and the accumulated financing amount in the past three years has exceeded several hundred million yuan. The investors of this round include Kaifu Capital (Chinese:凯复资本) and the company's management team, and the funds raised will be mainly used for product development, self-driving data labeling market expansion, etc.
Commercially available since 2019, Mindflow is an AI+RPA dual-wheel-driven data platform company and the first domestic company to focus on the field of self-driving data labeling, dedicated to serving the frontier industries in the era of data intelligence with forward-looking technologies and innovative products. Its main products and services include: data intelligence platform for data lifecycle management, AI data middle platform, AutoLabeling middle platform, and data services (data labeling, data collection, data cleaning), etc.
With one-stop data solutions from strategy to technology implementation, ManfoTech has reached in-depth cooperation with more than 100 companies, including the world's top Tier1 manufacturers, first-tier technology companies, mainstream algorithm companies, new energy automobile companies, and traditional automobile OEMs, etc. In 2022, ManfoTech climbed to the top three in the domestic autonomous driving data labeling market share and achieved more than 4 times higher explosive growth in annual revenue.
Mindflow only took 3 years from the initial commercialization to the first echelon of the domestic data labeling industry. It is currently one of the companies with the fastest development speed and the deepest product technology accumulation in the domestic data labeling industry.
In the future, while deepening the data industry and improving the level of automation, Mindflow will also try to explore the broader AI industry. The new product line with AutoML platform as the core will make up for the last missing link of Mindflow as a platform-based enterprise, thus building a full-link system from data to algorithm and providing users with more innovative products and more valuable services.