Chinese AI cloud computing platform Enflame Technology announced on Thursday the completion of a 700 million yuan ($99 million) Series B funding round led by investment firm SummitView Capital.
Shanghai Innovative Capital (SHIVC), an investment platform backed by the Shanghai government; Hong Kong-based investment management firm Oceanpine Capital; China’s Delta Capital; Redpoint China Ventures, the local arm of Silicon Valley venture capital firm Redpoint Ventures; and other investors participated in the round.
