Bamboo Intelligence successfully raised 200 million yuan in a C round funding led by Bank of China International, with Lingfeng Capital increasing its investment to support the company's growth in natural language processing technologies.

Information on the Target

On November 6, 2023, Bamboo Intelligence Technology (Shanghai) Co., Ltd. announced the successful completion of its C round funding, raising 200 million yuan. The round was led by Bank of China International, with additional investment from Shanghai International Bank, while Lingfeng Capital continued to increase its stake as an existing shareholder.

Bamboo Intelligence was founded in 2015 by Jian Renxian, former Deputy Director of Microsoft's Internet Engineering Institute in Asia. Over the past five years, the company has focused on developing natural language processing (NLP/NLU) technologies, leading the productization of NLP/NLU solutions for vertical industries. Its enterprise-level AI platform has seen applications across various sectors such as finance, corporate services, digital government, Internet of Things (IoT), healthcare, and smart education, with services provided to over 300 large businesses and reaching hundreds of millions of end-user devices.

Industry Overview in China

The natural language processing industry in China is witnessing significant growth, influenced by advancements in artificial intelligence and increasing data generation