latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/4paradigm-raises-700m-in-series-d-round-62254809 content esgSubNav
In This List

4Paradigm raises $700M in series D round

Video

S&P Capital IQ Pro | Unrivaled Sector Coverage

Video

S&P Capital IQ Pro | Powering Your Edge

Podcast

Street Talk Episode 81: Amid strong recovery, Banc of California hearing more M&A chatter

Blog

Banking Essentials Newsletter: September Edition


4Paradigm raises $700M in series D round

Artificial intelligence company Shenzhen Qianhai 4Paradigm Data Technology Co. Ltd., or 4Paradigm, raised $700 million in a series D funding round led by Boyu Capital Consultancy Co. Ltd., Primavera Capital Group and HOPU Jinghua (Beijing) Investment Consultancy Co. Ltd.

Other participating institutional investors included Sequoia Capital Operations LLC, Goldman Sachs Group Inc., Jinyi Capital, FountainVest Partners, China-UAE Joint Investment Fund, Mubadala Investment Co. PJSC., CDB Capital, China Reform Holdings, JIC TECH-INV, CSC Financial and Haitong Securities.

The company will use the investment to support its enterprise-grade AI-based digital services.