MioTech is an artificial intelligence company that turns data into financial insights for institutions. It applies advanced AI techniques to help financial firms more efficiently manage and derive insight from data. The company’s core product centers on data-to-insight capabilities for financial services. Recent reporting states MioTech completed its latest financing round led by an internationally known strategic investment institution. The new funding is intended to strengthen the company’s technology and product capabilities. MioTech plans to use the capital to accelerate business growth in its core markets, according to the report (IT桔子). MioTech uses artificial intelligence to address sustainability, climate change, carbon emissions reduction, and social responsibility challenges for financial institutions, corporations, and individuals. It provides comprehensive ESG data to support green finance and responsible investments, offers software to help corporations manage ESG reporting, improve energy efficiency, and track and reduce carbon emissions, and operates an app to build green-conscious communities and promote low-carbon lifestyles. The company plans to use new capital to accelerate talent acquisition, expand into new international markets, and develop existing and new product lines. MioTech has completed four funding rounds in the past twelve months and recently secured additional investments as an extension to its Series B+ round. Its investor base includes ZhenFund, Horizons Ventures, TOM Group, Moody's, HSBC, Guotai Junan International, GIC, J.P. Morgan Asset Management, and HSBC Asset Management's Financial Technology Venture Capital Fund. MioTech has offices in Hong Kong, Shanghai, Beijing, and Singapore. MioTech provides AI-driven alternative data and analytical tools serving the ESG and KYC markets in Greater China. Led by CEO and Co‑founder Jason Tu, the company tracks and scans alternative data sources related to ESG and KYC factors, supply chains, and financial information. Its analytics turn unstructured datasets into insights for portfolio managers, research analysts, and risk managers, with AI that monitors news, social media, disclosures and other alternative data in real time. MioTech’s dataset covers over 800,000 public and private companies in China. Following the investment, MioTech will continue to operate as an independent entity while Moody’s seeks to incorporate its data and products to streamline analytics, monitor portfolios, inform risk assessments, accelerate product development, and deepen China coverage. The article does not disclose financial terms of the transaction. MioTech is a Hong Kong-based AI platform providing financial data on Asian corporates. According to the report, the company is said to have closed about $15 million in a Series A+ round. The Series A+ was led by Horizons Ventures, the private investment arm of tycoon Li Ka-shing. The article does not list other participating investors or provide operating metrics such as revenue or user counts. No details on valuation, use of proceeds, past rounds, or founding year were disclosed in the article. The coverage focuses on the financing announcement and the company's core AI financial-data product. MioTech, with offices in Hong Kong and Shanghai, develops AI-based software and a graph database to help large financial services firms store and process terabytes of data. Its analytics engine combines market prices, news events and micro- and macroeconomic activity to give investment managers insights for portfolio management. The company plans to use new capital to hire talent from Google, Facebook and Morgan Stanley and to focus R&D on its data feed pipeline and machine learning research team. MioTech also intends to work with financial data providers to expand its data analytics tools. The Series A brings the company’s total funding to $8 million after a $1 million seed round. CEO Jason Tu says the firm aims to bring cutting-edge consumer and enterprise technology to an Asian financial industry that he describes as lagging in big-data analysis capabilities.

Total raised

$22M

Funding rounds

5

Latest round

Series A

Latest activity

Jan 2020