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Boyu, Primavera, and Hopu Lead USD700m Series D for Chinese AI Technology Developer 4Paradigm

Boyu Capital, Primavera Capital Group, and Hopu Investments led a USD700m Series D for 4Paradigm, a China-based AI technology developer for enterprise customers, with participation from Sequoia Capital China, Goldman Sachs, CPE, Jinyi Capital, and FountainVest Partners. China-UAE Joint Investment Fund, Mubadala Investment, CDB Capital, China Reform Holdings, JIC Technology Investment, CSC Financial, and Haitong Securities were described as participating strategic investors. Read more