1.3 billion! Beijing Token Factory received new financing

Zhixi Author | Li Shuiqing Editor | Xinyuan Zhixi reported on October 26 that recently, Beijing AI Token production service provider Approaching Technology (Approaching.AI) completed Series B financing. The amount of this round of financing exceeded 1.3 billion yuan; this year, it has raised a total of 2.4 billion yuan. This round of financing was jointly led by Zhejiang Finance Innovation, Xiaoshan Capital, ICBC Investment, Zhongguancun Science City, Xinglian Capital and Qianjiang Century City. Yunchuang Capital, Hunan High-tech Zongheng, Jiantou Huake, Shenwan Innovation Investment, CITIC Juxin, Zhuhai Science and Technology Industry Group, SenseTime Technology, Wangsu Technology, Gansu Shuzhi, Chang Financial Holdings, Yuanzhi Future, Qingzheng Xingzhu, Xiaoka Capital, etc. followed the investment, and the old shareholder Shangshi Capital continued to pursue the investment. This is another large amount of financing received by Trendjing Technology in the short term following the completion of Series A financing in July this year. It is reported that in the past six months, many core operating indicators of Trendjing Technology have achieved a growth rate of more than ten times in half a year. The funds raised in this round will focus on the expansion of high-quality AI Token production capacity, ATaaS (Approaching.AI Token as a Service) platform upgrade and iteration, the research and development of underlying reasoning technologies and new products, as well as the improvement of commercial cooperation and delivery systems. Trendjing Technology defines "high-quality AI Token" as the smallest production unit that connects computing power, models and application results. Trendjing Technology was founded in 2024 and is located in Beijing. The core members of the founding team come from the High Performance Institute of the Department of Computer Science, Tsinghua University. Among them, Zheng Weimin, an academician of the Chinese Academy of Engineering, serves as the chief scientific advisor, Professor Wu Yongwei of Tsinghua University serves as the chief scientist, and Zhang Mingxing, associate professor of the Department of Computer Science of Tsinghua University, is a co-founder of the company. Ai Zhiyuan, CEO of Trend Technology, holds a doctorate in computer science from Tsinghua University. His doctoral research focuses on parallel computing, distributed storage, AI computing engine optimization and other fields. He has rich experience in the industry and has served as the R&D director of Sangfor’s big data, digitalization, AI application and other departments. ▲Ai Zhiyuan, CEO of Trendjing Technology, in terms of technical roadmap, Trendjing proposed “less models, deep