QingSong Capital and partners successfully complete a financing round for HaiNaYun to advance urban digital governance and smart technologies in China.

Target Information

QingSong Capital has successfully completed its latest financing round for HaiNaYun, a company headquartered in Qingdao, China. This financing round was jointly led by QingSong Capital, Shandong High-Speed Group, and Shenzhen Capital Group. The funds will primarily be used to develop an extensive urban sensing system and to advance intelligent hardware focused on machine vision.

HaiNaYun specializes in the digitalization of urban governance and operates research and development centers in eight major cities across China, including Beijing, Shanghai, and Shenzhen. The company leverages core technologies such as AIoT, big data, AI algorithms, and digital twin to create the 'Star Sea Digital Platform,' which provides a comprehensive urban perception network.

Industry Overview in China

The digital governance sector in China is witnessing rapid growth, buoyed by government initiatives aimed at smart city development. Urban centers are increasingly integrating advanced technologies