China’s autonomous driving data annotation developer MindFlow closes Pre-B financing

Beijing (Gasgoo)- On February 6, Chinese AI data platform service provider MindFlow announced the completion of its Pre-B financing round, which raised for the company 50 million yuan.  

Photo credit: MindFlow

The Pre-B round was closed in July 2022, said the company. The proceeds from the round will help MindFlow strengthen its product R&D and expand the market reach of its autonomous driving data annotation technologies. 

According to MindFlow, it has received investments worth of hundreds of millions of yuan in the past three years. 

MindFlow’s commercialization started in 2019. It is a data platform developer focusing on AI and RPA. The company is also the first Chinese enterprise focusing on the field of autonomous driving data annotation, dedicated to serving the frontier industries in the era of data intelligence with innovative products. 

Its main product services include data intelligence platform for data lifecycle management, AI data middleware, AutoLabeling middleware, and data services (such as data labeling, data collection, data cleaning, etc.). 

MindFlow’s one-stop data solutions from strategy to technology implementation helped the company reach in-depth cooperation with more than 100 companies worldwide, including major Tier1 suppliers, top-notch technology companies, mainstream algorithm companies, auto startups, as well as experienced automakers.