Terminus Group Raises RMB 2 B in Series D Funding Round

AIoT company Terminus Group has raised RMB 2 B (USD $ 278 Mn) in its Series D funding round, led by AL Capital, Yuyao Yangming Equity Investment Fund, and followed by Futian Capital Holdings Co., etc. The round also saw participation from existing investors including China Everbright Ltd. and SenseTime, etc.

With the raised fund, Terminus Group will further the research and development of its AIoT technologies, expand its business to the broader global market, and accelerate the large-scaled industrial application of AIoT-based multimodal LLMs.

Founded in 2015, Terminus Group is a global leading smart service provider. Leveraging AIoT technologies, the company aims to tackle the real-world challenges within urban space. In 2022, Terminus Group appointed three IEEE Fellows, Dr. Hua Xiansheng, Dr. Shao Ling, and Dr. Yang Yang as the chief scientists, making the company a leader in the fields of Multimodal AI, Vision and Language, and AI for Healthcare. To date, led by the chief scientists, Terminus Group has created CityIoT, CityDigit, CityAI, CityAPP, CityStudio, 5-layered technology and product portfolio.

As Large Language Models (LLMs) bring revolutionizing impact to the global technology industry, Terminus Group has developed a series of vertical domain models targeting urban scenarios including industrial parks, corporates, economy, energy, etc., to accelerate the application of LLMs. In addition, Terminus Group innovatively proposed LLM-System-Integration as a novel path towards the agile and effective industrial landing of LLMs, to answer the question that has been asked by the entire industry.

To this point, Terminus Group’s AIoT solutions have been widely applied in cities including Dubai, Sharjah, Punggol and across the globe.