Zhongke Wenge completes over 500 million yuan in Series E financing

Author｜Wei Shiwei

36氪 was informed that the data intelligence service provider “Zhongke Wenge” recently announced the completion of over 500 million yuan in E-round financing, which will be increased by the CDB Manufacturing Transformation and Upgrading Fund, CCTV Financial Media Industry Investment Fund, Zhongguancun Science City Science and Technology Growth Fund and other institutions. , and the old shareholders Yingfutek National Emerging Industry Investment Fund, Hengbang Capital, and Chinese Academy of Sciences Capital further increased their holdings. This round of funds will be mainly used for R&D investment in the field of decision-making intelligence, continue to build core competitiveness, and at the same time increase the construction of talent teams and promote the development of major businesses.

As a long-term follow-up company of 36氪, Zhongke Wenge, founded in 2017, is a scientific and technological achievement transformation enterprise of the Chinese Academy of Sciences, with fifteen years of technical accumulation in the fields of big data, artificial intelligence and operations research. The company is positioned as a leading data, algorithm and decision-making intelligent service provider, providing multilingual, cross-modal and deep cognitive intelligent big data and artificial intelligence basic platforms and solutions for media promotion, security, urban and financial fields.

At this stage, Zhongke Wenge has a team of nearly 800 people, of which about 40% have master’s and doctoral degrees. The core team has worked in the Chinese Academy of Sciences for more than ten years, and has published more than 600 papers in top international academic journals and conferences, and applied for more than 100 invention patents. project, developed and implemented more than 3,000 sets of core algorithms, covering multimodal content automatic and intelligent generation technology, multimodal content cognitive understanding technology, multimodal unstructured big data management technology, multimodal knowledge fusion and intelligent decision-making technology.

Qu Baoyu, CEO of Zhongke Wenge, told 36氪 that since the completion of the D round of strategic financing in May 2021, the company has increased investment in intelligent decision-making technology and product research and development, and released the “Tianhu” intelligent computing platform 2.0, “Wenhai” massive data platform 2.0 has achieved milestone progress in the process of productization.

Among them, the “Tianhu” intelligent computing platform is a new generation of intelligent computing platform for cross-modal data intelligence. The core modules include TiKuiper data intelligence mid-stage, ZetaHub artificial intelligence mid-stage, and DIBrain decision-making intelligence engine. At present, several localizations have been completed. Xinchuang products are mutually recognized; as a global open source data platform, “Wenhai” has the characteristics of omni-media massive data, more than 100 AI components, multi-language intelligent analysis, cross-domain knowledge base, and multi-dimensional rapid visualization.

Zhongke Wenge Technology Ecological Architecture

In terms of market and field applications, Zhongke Wenge has made important progress in digital media promotion, digital governance, and digital finance :

In the field of digital media propaganda, Zhongke Wenge has built a “red flag” ecosystem for the media market, providing a comprehensive set of solutions for the production and dissemination of media content to the entire life cycle of integrated media operations. Specifically, the “Red Flag” media convergence platform has built a matrix of products such as intelligent production, multi-modal intelligent asset management, cross-modal retrieval, intelligent audit, and intelligent evaluation, and has become a one-stop operating system for media convergence;
In terms of data and intelligence governance, Zhongke Wenge covers taxation, customs, epidemic prevention, production and economics, Internet information and other fields, and jointly launched the country’s first tax “smart inspection” system and customs “smart anti-smuggling” system; The application of the digital and intelligent epidemic prevention system in Shenzhen, Beijing, Shanghai, Tianjin and other cities has greatly reduced the manpower investment in epidemic prevention and traceability in cities and communities;
In terms of digital finance, the company participated in the construction of national and provincial Internet finance and illegal fundraising supervision platforms, established long-term cooperation and innovation mechanisms with a number of city banks and well-known financial institutions, in the digitalization of financial risk management, investment research and investment management. Demonstration applications have been implemented in terms of digitalization.

In the past year, Zhongke Wenge, which started its G-end business, has also accelerated its business transformation for the B-end market. This year, the proportion of B-end business is expected to reach 30 to 40%. “We have made a good start for the enterprise side.” Qu Baoyu said. For example, the “multi-investment” one-stop intelligent investment and research AI platform launched by Zhongke Wenge provides investment research, risk management and other services to help customers improve investment efficiency and create high-quality growth in AUM (asset management scale).

Overall, there are two main market-oriented service models of Zhongke Wenge. On the government side, due to the large number of large-scale projects and localized deployment needs, the company focuses on the customized solution model of “product + implementation”; on the enterprise side, the company focuses on the standardized service model of “product + SaaS”.

In terms of technology research and development, Zhongke Wenge’s production and research investment ratio is about 40%. There is a large amount of unstructured data in the media, social governance, finance and other fields that the company focuses on. The data forms include text, images, video, audio, etc., and the analysis and processing difficulty is higher than that of structured data. Based on multi-modal big data management technology, and relying on the dual drive of data and knowledge, Zhongke Wenge has built a data intelligence middle platform with the concept of object-oriented data weaving, and promoted the field decision-making intelligence that combines advanced algorithms with complex business scenarios.

Today, Zhongke Wenge has served more than 1,000 government and corporate customers, including more than 200 national and provincial-level leading customers, and over 60% of customers have long-term cooperation. For five consecutive years, revenue has maintained rapid growth and accelerated development. Power artificial intelligence and big data technology application track.

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