NextFin News — Kaiwang Data completed a strategic financing round exceeding RMB100 million ($14 million) on Tuesday, led jointly by the Beijing Yizhuang Industrial Upgrade Fund, Huafang Capital and Tianji Capital.
Follow-on investors included Xinding Capital, Mairui Asset Management, Xinghua Dingli, Huazhang Investment and Lunda Chuanrun, together with leading embodied-intelligence firms Luming Robotics, Songyan Dynamics, Zibianliang Robotics and Zhizhi’s Mifeng Technology; existing shareholders Yasheng Capital, Qingzhi Capital and Puyue Capital also increased their stakes. The full-chain AI data-infrastructure company, founded in 2022 and operating under the Konvery brand, will direct the proceeds toward development of an integrated data-trading platform, recruitment of specialized talent for world-model technology, and expansion of large-scale data-production capacity in commercial, industrial and household scenarios.
Kaiwang Data supplies automated data pipelines and one-stop solutions originally focused on autonomous-driving annotation and now extended to broader AI applications, including vehicle-road-cloud collaboration platforms in the Beijing Yizhuang district. The round adds industrial capital from robotics players whose real-world data needs align with the company’s production capabilities, reinforcing its position as demand for high-quality, scalable training data continues to rise across embodied-intelligence and large-model development.
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