China’s Work Automation Startup Laiye Raises $160M, Acquires France’s Mindsay
04/19/22, 12:00 AM
Money raised
$160 million
An ambitious Chinese startup wants a slice of the flourishing global work automation market. Laiye, a Beijing-based company that provides a one-stop platform for automating office tasks of varying degrees of complexity, just picked up $160 million from a Series C funding round to expand globally.
Company Info
Additional Info
Laiye, founded in 2015 by Ivy League Ph.D. graduates, is committed to being the world's smart robot platform leader in the era of human-robot collaboration.
Laiye’s core technologies include robotic process automation (RPA), deep learning, reinforcement learning, natural language processing (NLP), optical character recognition (OCR) and conversational intelligence. In addition to receiving multiple recommendations from Gartner and Forrester, Laiye is proud to have won numerous awards from global AI competitions and currently possesses over 200 patents of both domestic and foreign inventions.