China Everbright, AIoT firm Terminus raise additional $305m for smart city fund

China Everbright, AIoT firm Terminus raise additional $305m for smart city fund

Smart City

CEL AI Economy Fund, jointly set up by financial conglomerate China Everbright Limited (CEL) and its technology platform Terminus Technologies, has raised another 2 billion yuan ($304.7 million) to launch its Fund III for investments in smart city solutions.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter