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Yida Technology completes Series B financing to accelerate R&D and layout in the field of large models

2024-08-07

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Source: Huanqiu.com

[Global Network Technology Comprehensive Report] On the morning of August 7, digital employee robot company Yida Technology announced the successful completion of its B+ round of financing. This round of financing was led by CDH VGC (Innovation and Growth Fund), followed by Xinshang Capital, and Index Capital served as the exclusive financial advisor, which injected strong momentum into Yida Technology's further research and development and layout in the field of large models.


Image source: Yida Technology WeChat Official Account

Bian Xiaoyu, CEO of Yida Technology, said: "This round of financing will help Yida Technology accelerate its research and development and layout in the field of large models, and further consolidate our leading position in the large supply chain (including manufacturing, logistics distribution, wholesale and retail) and other markets. We will be committed to providing global users with digital employee robot hyper-automation platform products and services based on large models to promote the comprehensive upgrade of our business."

Yida Technology has always focused on the large supply chain field, and has successfully built a digital employee robot hyperautomation platform based on its original six self-developed hyperautomation core technologies. This platform has helped thousands of leading large supply chain companies achieve hyperautomation of their businesses, significantly improving operational efficiency and service quality.

Prior to this, Yida Technology had attracted investments from many well-known investment institutions such as SIG Haina Asia, IDG Capital, Zhongding Capital, Sequoia China, CDH VGC (Innovation and Growth Fund), and Chuangxiang Huanju Investment Fund from 2020 to 2023. In this round of financing, old shareholder CDH VGC once again led the investment and successfully introduced Xinshang Capital, which will further amplify Yida Technology's potential and value in the market and lay a solid foundation for the company's future development.