everbright’s terminus completes rmb2 billion of series c1 financing, aiming to be a world leading smart scenario service provider
terminus, a subsidiary of china everbright limited (“everbright”, stock code: 165.hk) announced the completion of its series c1 financing on 12 august 2019. terminus raised rmb2 billion from this round of financing, with everbright leading the investment and investors including jd.com, iflytek and wanda invest. before the financing, terminus obtained investment support from top investment institutions and industry partners, including everbright, idg capital, citic capital and sensetime.
aiot leader develops innovative technologies to create brand-new market scenario
since its establishment, terminus has maintained an average annual growth rate of more than 200%. with artificial intelligence & internet of things (aiot) at its core, terminus promotes the deep integration of new technologies and the real economy. terminus gaia industry intelligent cloud is able to enhance data centers and create a digital dual city cloud operating system. it was the first to introduce edge computing research and development in the industry, and launched the poseidon product series as well as the platform-level intelligent robot, the super smart terminal titan series, that aims to remodel scenario services.
in 2019, terminus set up its first smart society “5g aiot” nationwide in beijing. terminus entered a strategic partnership with the chongqing municipal government to build a new technological city. terminus’ smart solutions have become an industry benchmark in community parks, public utilities, power and energy facilities, retail and cultural expo events.
dr. zhao wei, executive director and chief executive officer, said that terminus’ performance and rate of development were beyond imagination. “being a high-tech company incubated and invested in by everbright, terminus currently is a representative of the new technology sector in the “three big and one new” strategy of everbright group. terminus will be a core strategic platform of new economy development in the future with everbright, which will persistently provide all-rounded and long-term support to its rapid development. we are excited for the future development of terminus, and we hope that this young, energetic, ambitious, active and outstanding team will forge ahead and achieve goals with excellence.”
collaborating with the top “friend circle” to create a smart future
as the first company to propose the concept of an aiot technology structure, terminus provides customers with smart scenario services from product to system, from single items to entire projects. the company has set up r&d centers in beijing, shanghai, chongqing, wuhan and shenzhen, among other places, with more than 8,400 projects across the country. terminus was selected in the gartner report six times and became one of the best iot companies in asia. to date, it has obtained 523 patents with a leading position in the industry.
on the joint investment in terminus by jd digits and jd cloud, liao jianwen, chief strategy officer of jd group, said: "the digital age is here, where the extensive application of artificial intelligence and internet of things and the refined operation of data assets will become the main trend. we are very thrilled to have a comprehensive strategic cooperation with terminus, a leader in the aiot field. i have witnessed the growth of the terminus management team, which is a great team with the power to transform. i believe that jd’s well-developed technology plus terminus’ industrial empowerment will push the layout of the industrial internet and redefine security, community, government, retail and many other industries."
chen tao, ceo of iflytek, believes that terminus is a rare new technology company with both technological innovation and cross-border integration capability. “iflytek is very optimistic about the position of terminus in aiot. whether it comes to the future of industrial upgrading or new urbanization, the integration and intellectualization of data in the scenario always plays a crucial part. terminus’ successful experience in scenario empowerment, as well as its advantage and planning in the iot and edge computing, are all aspects we value. iflytek hopes to integrate with the terminus platform to achieve track fusion, to transfer intelligence from the center to the edge and from perception to cognition, and improve the intelligence level in multiple scenarios.”
after this round of financing, terminus will continue to maintain its innovative vitality, accelerate the fission of terminus’ entities, deepen the market with richer and more sustainable technology and product capability, accelerate the pace of scenario intellectualization, adhere to the idea of developing from connection to empowerment, and move towards becoming a world leading smart scenario service provider.
