Yuntuo Shuda, a provider of Digital Smart Transportation services, has successfully concluded a Series A funding round of 50 million yuan. This round was led by Puhua Capital, with participation from Digital Security Fund and Huadan Capital, along with additional investment from existing shareholder MeiRi Interactive. The procured funds will be primarily allocated towards advancing core technology research and development, promoting the global marketing of Digital Smart Green Wave solutions, enhancing traffic data management, and expanding into intelligent connected vehicle applications.
As a subsidiary of MeiRi Interactive, Yuntuo Shuda offers a Digital Smart Green Wave system as its flagship product. This system integrates multi-source data to deliver digital smart services and products. To date, the system has been implemented in approximately 30 regions, resulting in an improvement of at least 20% in road traffic efficiency and significant savings in commuting time for citizens. Additionally, Yuntuo Shuda has developed innovative products such as the Urban Traffic Digital Smart CT and Speed Control System.
