Kaiwang Data raises over US$13.8M to build AI data platform
What's the deal? Beijing Kaiwang Data Technology, which operates under the Konvery brand, has closed a strategic financing round exceeding US$13.8M. The Beijing Yizhuang Industrial Upgrade Fund, Huafang CapitalDealroom has a profile for this one. Try Dealroom →, and Tianji CapitalDealroom has a profile for this one. Try Dealroom → led the round jointly.
Who else is in? Follow-on investors included Xinding CapitalDealroom has a profile for this one. Try Dealroom →, Mairui Asset Management, Xinghua DingliDealroom has a profile for this one. Try Dealroom →, Huazhang Investment, and Lunda Chuanrun. Embodied-intelligence firms Luming Robotics, Songyan Dynamics, Zibianliang Robotics, and Mifeng TechnologyDealroom has a profile for this one. Try Dealroom → also joined, while existing shareholders Yasheng Capital, Qingzhi CapitalDealroom has a profile for this one. Try Dealroom →, and Puyue Capital increased their stakes.
What's the endgame? Founded in 2022, Kaiwang supplies automated data pipelines and one-stop solutions, originally focused on autonomous-driving annotation and now extended to broader AI applications. The proceeds will fund an integrated data-trading platform, hiring for world-model technology, and larger-scale data production across commercial, industrial, and household scenarios.
Why now? The round draws industrial capital from robotics players whose real-world data needs match the company's production capabilities. Its work includes vehicle-road-cloud collaboration platforms in the Beijing Yizhuang district.
The signal: As demand for high-quality, scalable training data rises across embodied-intelligence and large-model development, backers are pairing capital with data suppliers that feed their own systems.
Read more: TMTPost
