Recently, ShuDian Technology, a firm dedicated to big data computing and artificial intelligence solutions, has proclaimed the successful closure of its Pre-A funding round, amassing hundreds of millions of yuan. This funding initiative was co-led by J&Y Capital and SAIF Partners, with contributions from subsequent investors including the Beijing Information Industry Development Investment Fund, Guangzhou Redbird Venture Fund, and Shanghai Lingyi Investment. Legend Capital, an existing stakeholder, also opted to further its investment. The proceeds from this funding will be predominantly channeled towards product innovation, in-depth market penetration within China, and venturing into global markets. ShuDian Technology's foundational technologies encompass data virtualization, integrated streaming and batch processing, data lakehouses, among others. Its offerings and services have found application across a diverse array of sectors, spanning banking, funds, insurance, the internet, industrial manufacturing, and the burgeoning retail landscape.
