Funding round
CloudMinds Series C
CloudMinds, which works in cloud intelligent robot solutions in Minhang District, raised $137M in a Series C round announced on 31 Aug 2023. 3 firms took part. It is CloudMinds' fourth venture round on record; the one before was a Series B in Mar 2019.
$137M
Amount raised
Not disclosed
Post-money valuation
3
Investors
no lead named
Valuation
What this round says about the price
CloudMinds did not disclose a valuation in this round. It came 53 months after CloudMinds' Series B. It is 24% of the $567M CloudMinds has raised in the venture rounds on record. No later venture round is on record for CloudMinds.
Investors
Who put money in
3 firms took part; no lead investor was named.
Investors
- Shui Mu Chun Jin new investor
- Guosheng Group new investor
- Knowledge City Venture Capital new investor
Comparable rounds
How it compares
218 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $46M, and this round was 3.0 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Aug 2023 | $175M | $775M | March Capital and Sanabil |
| Tech Companies | 6 Aug 2023 | $75M | not disclosed | not named |
| Tech Companies | 16 Aug 2023 | $55M | not disclosed | Freeman Group |
| Tech Companies | 11 Aug 2023 | $50M | not disclosed | TPG |
| Horizon3.ai Tech Companies | 8 Aug 2023 | $40M | not disclosed | Craft Ventures |
| Tech Companies | 10 Aug 2023 | $35M | not disclosed | Inven Capital and Insight Partners |
| Tech Companies | 7 Aug 2023 | $30M | not disclosed | Lumos Capital Group and 360 ONE Asset (IIFL) |
| Tech Companies | 6 Sep 2023 | $100M | $500M | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did CloudMinds raise in its Series C round?
CloudMinds raised $137M in its Series C round, announced in Aug 2023.
Which investors took part in CloudMinds' Series C round?
Shui Mu Chun Jin, Guosheng Group and Knowledge City Venture Capital.
What was CloudMinds' valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
218 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $46M, and this round was 3.0 times the median.