OceanBase Launches Its First External Funding Round, Seeking to Raise 2-3 Billion Yuan
14 hour ago / Read about 0 minute
Author:小编   

OceanBase, an independently operated database company under Ant Group, is currently in talks for its Series A funding round, aiming to raise 2 to 3 billion yuan. The funds will be used to enhance its independent operational capabilities and increase investments in AI data platforms and overseas markets. OceanBase expects its annualized revenue to exceed 1.4 billion yuan by 2026, representing a year-on-year growth of approximately 70%.