Sinovation Ventures Leads $15M In Chinese AI Start-Up Ahi Fintech

Chinese venture capital firm Sinovation Ventures has led a RMB100 million (US$15 million) series A round in artificial intelligence-powered fintech start-up Ahi Fintech. Hillhouse Capital, Danhua Capital and Changfeng Zhiqing Investment also participated in the round, according to Ahi Fintech’s announcement. Founded in 2017, the Beijing-based company provides enterprises with risk control and anti-fraud services based on artificial intelligence technology. The founding team is led by a Ph.D. graduated from the University of California at Berkeley, Dr. Huang Ling, who …

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