Announced
Completed
Financials
Sources
Tags
China
Private
Friendly
Auto Technology
Minority
Completed
Single Bidder
Cross Border
Private Equity
Venture Capital
intelligent automation
Acquisition
Synopsis
Hopu Investment Management, an Asian alternative asset manager, led a $160m Series C round in Layie, a global intelligent automation company, with participation from Youshan Capital, VMS Group and Lightspeed Venture Partners. "Laiye has made great strides in expanding its success in China to Asia Pacific, the Americas and EMEA. We envision a future where all organizations and people are transformed, emboldened and made better by the power of intelligent automation. An AI-enabled digital workforce developed from Laiye’s integrated intelligent automation platform will help our customers accelerate their digital transformation journey. This new round of funding will continue to fuel our relentless product innovation and triple-digit YoY revenue growth in the years to come," Guanchun Wang, Laiye Chairman and CEO.
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