Yunphant completes over 100 million RMB Series B funding led by Fosun

Yunphant blockchain completed over 100 million RMB Series B financing, led by Fosun Fangyi Fund, followed by old shareholders Deep Venture Capital and Hangzhou Red Earth Growth Fund.

Yunphant completes over 100 million RMB Series B funding led by Fosun

According to Yunphant blockchain news, after the company became a member of Zhijiang Lab collaborative innovation ecology in March 2021, Yunphant has good news again-completed over 100 million RMB Series B financing! This round of financing was led by Fosun Fangyi Fund, followed by old shareholders Deep Venture Capital and Hangzhou Red Earth Growth Fund. This round of financing is mainly used for business expansion, team expansion, further extension of technology map and speed up financial digitalization strategy.

Yunphant is headquartered in Hangzhou, with branches in Beijing, Shanghai, Guangzhou, Chongqing and Xi’an. The company provides the overall solution of financial digitization based on “blockchain + artificial intelligence”, and is the first team in China engaged in the research of blockchain commercial application, key core technology of legal digital currency and intelligent anti-money laundering. The company has blockchain platform YunChain, artificial intelligence platform YunAI, distributed digital application framework YunDAP and other core technology products; it has many industry solutions and successful cases in asset flow, digital depository, intelligent anti-money laundering, payment and settlement, bill management, financial asset trading, supply chain finance, risk management and other directions.

Yunphant is the first collaborative innovation eco-enterprise of Zhijiang Lab, which has established a joint lab with INCAS Lab of Zhejiang University, established the Institute of Digital Assets and Blockchain with School of Management of Zhejiang University, and established the Intelligent Computing and System Lab with INCAS Lab of Zhejiang University. Yunphant has participated in the formulation of technical standards, application standards and evaluation standards for the financial industry of the People’s Bank of China, and undertaken the construction of blockchain infrastructure for several national independent and controllable financial markets, and ranked first in the “2018 and 2020 China Blockchain Enterprises Top 100 List” jointly released by Sadie Blockchain Research Institute of the Ministry of Industry and Information Technology.

With the vision of “making everything transparent and trustworthy” and the core values of “seeking truth, synergy, innovation and commitment”, Yunphant is practicing the business philosophy of “serving finance with technology and innovating finance with technology” and striving to build the first brand of financial digitalization.

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