DeHeng Advised DeepQ on Securing Tens of

Millions of Yuan in Pre-A Series of Financing

2020-06-05

Recently, Shanghai Shenqing Information Technology Co., Ltd. ("DeepQ"), a provider of intelligent financial information service, announced the completion of Pre-A series of financing worth tens of millions of yuan. The lead investor was DT Capital Partners, followed by Pei Yang Capital and Shanghai Zizhu seedlings Equity Investment Fund Co., Ltd., two angel investors of DeepQ.  

Founded in 2018, DeepQ provides financial enterprises with one-stop AI-powered financial information solutions based on its years of service experience in the financial industry and strong financial information operation capabilities, coupled with AI algorithms and big data. It owns a dozen of patents in the fields of natural language processing, knowledge graph, machine learning and so on. It has launched strategic cooperation with Shanghai Jiaotong University, Tsinghua University and other domestic prestigious universities in the AI field, to apply cutting-edge AI technology to financial field.

What wins the recognition of investors lies not only in its underlying technology advantage in AI and understanding of the 2B business, but also its ability to identify and meet the needs of securities companies and other financial enterprises, and use intelligent technology to help them actively adapt to the changing business environment. The lead investor DT Capital Partners is a private equity investment group focused on investing in Chinese companies, running multiple funds worth more than 10 billion yuan. Its co-founding managing partners Shao Jun and Tian Lixin have worked together for 20 years, with rich experience in investing at home and abroad. DT Capital Partners is one of the earliest investment institutions to establish strategic partnership with many local governments and competitive industrial groups, and has been repeatedly selected among the top ten investment institutions in China in recent years.

As the legal counsel of this project, the DeHeng team, with primary support from lawyers Zhang Lei, Fang Wen and Shang Shuaili, assisted DeepQ in completing this series of financing. Deeply engaged in professional legal services in emerging industries such as artificial intelligence, big data, medical and health care, TMT and cutting-edge manufacturing, DeHeng lawyers leverage their rich project experience and industry resources accumulated over the years, and rapid and in-depth professional research and service ability and will continue to provide high-level legal services to more clients in the future.