Shannon: Chinese AI Financial Start-Up Shannon.ai Raises $16M From Sequoia In Series A Round

Shannon.ai, an artificial intelligence financial start-up, has raised RMB110 million (US$15.8 million) in series A round of financing from Sequoia Capital China, according to Chinese media reports. Founded in 2017, Beijing-based Shannon.ai is an artificial intelligence company focused on the financial sector. It develops platform that analyzes, extracts and integrates financial information.