Industry Newsroom

CICC Leads Undisclosed Series C for Chinese AI Consulting Business AInnovation at USD1b Valuation

CICC Capital led an undisclosed Series C for AInnovation, the consulting unit of China-based Sinovation Ventures at a USD1b valuation, with participation from Shanghai Guohe Capital and Riverhead Capital, and follow-on from China Renaissance’s Huaxing New Economy Fund. Read more