Damao Technology completed nearly 100 million yuan in Series A+ financing. The computing-power and electricity consumption coordination technology solves the high energy consumption problem of intelligent computing centers.
Recently, Damao Technology and CATL Capital jointly signed an investment agreement and announced the completion of nearly 100 million yuan in Series A+ financing. CATL Capital is the only industrial investment platform under CATL, and it led this round of financing for Damao Technology.
This round of financing will be used for the independent R & D and commercial promotion of core technologies such as energy large models, computing - power and electricity coordination platforms, and related intelligent agents. At a time when the total energy consumption of intelligent computing centers is rising steadily and the construction of new power systems is deepening, it will help intelligent computing centers solve the balance problem among energy security, economy, and environmental friendliness.
There is an explosive growth in the demand for AI computing power. The new power system centered on artificial intelligence is driving the in - depth integration of energy flow and digital flow. This round of financing will accelerate Damao Technology's in - depth R & D and large - scale implementation of core technologies such as energy large models, computing - power and electricity coordination platforms, and intelligent agents, and help the industry solve the balance problem among energy security, economy, and low - carbon development. Damao Technology is committed to continuously building an open and innovative industrial ecosystem and becoming an intelligent hub connecting the two major infrastructures of computing power and electricity.
In the future, Damao Technology will continue to increase R & D investment and continuously improve the prediction accuracy and scenario generalization ability of its energy large models. The company will also cooperate with shareholders such as SenseTime and Cambricon to jointly promote the large - scale implementation of advanced technologies and systems in computing power centers, smart factories, and zero - carbon parks, empower diverse energy balance scenarios, and contribute to the construction of the country's new power system and the implementation of the dual - carbon strategy.
About Damao Technology
Founded in March 2021, Damao Technology is the first high - tech enterprise in China to apply energy large models to the field of computing - power and electricity collaborative optimization. Relying on its self - developed full - stack energy large models, the company has built an adaptive energy operating system and created innovative products such as a computing - power and electricity integration coordination platform, providing overall energy optimization solutions for high - energy - consuming computing power infrastructures such as intelligent computing centers, general - purpose computing centers, and supercomputing centers, and contributing to the sustainable development of the digital economy.
Damao Technology's unique computing - power and electricity coordination platform, with its self - developed energy large model as the core, integrates accurate prediction, dynamic decision - making, and real - time scheduling, achieving accurate coordination between computing power and electricity. It effectively leverages the advantages of China's energy structure, reduces the operating costs of the AI industry, promotes the consumption of clean energy, and enhances the core technological competitiveness of the country. Currently, Damao Technology has established in - depth cooperation with leading enterprises such as SenseTime, CATL, Sugon, and Fujian Big Data Group.