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Singapore-Based Envision Digital Raises $210 Million Led by Sequoia China | Technology News | US News

Source: usnews.com usnews.com
News Snapshot:

SINGAPORE (Reuters) – Singapore-headquartered Envision Digital, a provider of artificial intelligence and internet technologies software, has raised $210 million, led by venture capital firm Sequoia China and backed by Singapore sovereign wealth fund GIC. In a statement on Tuesday, Envision Digital, part of Chinese renewable firm Envision Group, said the Series A funding will enable it to expand its operations and fund additional research and development activities. "We are confident of the long-term growth potential of Envision Digital," Choo Yong Cheen, chief investment officer of private equity at GIC said in the statement. Envision Digital said its proprietary tech operating…

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