AI Artia Inc. Sequoia 30 million Pre-A round of financing

Securities Times reporter Yue Yarn Nan

November 9, Arta, an AI company, announced that it has completed the Pre-A round of financing with a round of financing amounting to 30 million RMB. It is led by Sequoia Capital China Fund (Sequoia China), Zhen Fund, It is reported that this round of funds raised will be used for the construction of artificial intelligence laboratories, as well as domestic and international market promotion. Versa will set up a deep visual laboratory to create a deep neural network with perception, association, reasoning ability, constantly Break through the boundaries of capabilities, with more advanced generic intelligence for the creators empowerment.

Earlier, Versa was in July 2017 received the real estate fund leader, Zhen Yun Ventures voted with the 6 million angel round of financing.

Versa, former Guevara product partner Tsai Tianyi and former Weihua Zhao chip algorithm scientist Zhao Weijie, co-founded in April 2017. They committed to the artificial intelligence technology used in the processing of visual images, to create the AI ​​era of creativity tools. Users can upload photos on their mobile phones, choose to become Matisse's Fauvism, or Picasso's self-portrait, just 1 second, Versa can create a very shocking visual effects.

Wang Linqing, vice president of Sequoia Capital China Fund, said: 'Technology will produce new tools, works created with new tools can gather to form a new ecology. Sequoia has been committed to finding and supporting technological innovation, Versa is one such the company. '

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