Recently, Ericsson, a zero-carbon green industrial Internet platform company, announced that it has completed the B round of financing. After attracting investment from Dachen Caizhi, Baidu Venture Capital and Bytedance, Eridii once again won the favor of top investment institutions. This round of financing is exclusively invested by Baidu. The lineup of the most "luxury" investment institutions in the intelligent market for environmental-protection water has fully verified the capital market's high confidence in Eridi's capabilities and value. This round of investment will fully help Eridi continue to lead the intelligent market for environmental-protection water.
BV Baidu Ventures has accompany all the way since Eridi's 2019 A+ round.
On August 26, Eridi, a zero-carbon green industrial Internet platform company, announced that it has completed the B round of financing. After attracting investment from Dachen Caizhi, Baidu Venture Capital and Bytedance, Eridii once again won the favor of top investment institutions. This round of financing is exclusively invested by Baidu. The lineup of the most "luxury" investment institutions in the intelligent market for environmental-protection water has fully verified the capital market's high confidence in Eridi's capabilities and value. This round of investment will fully help Eridi continue to lead the intelligent market for environmental-protection water.
Since its founding, Eredi has adhered to the mission of using technology to protect the green waters and mountains, earnestly studied and practiced the ideas of ecological civilization in the new era, and invested hundreds of millions in four years to build the first agile digital twin platform in China-iReadyInsights. As the first industry to be fully implemented on the platform, as of August 2021, environmental protection water has connected more than 200,000 devices, more than 30 billion assets, accumulated and operated trillions of industry data, and built more than 5,000 mechanism mathematical models. Ericsson actively participated in the mixed reform of state-owned enterprises, and established a joint venture with Quanzhou Water Group to establish Haisi Ericsson to jointly promote the construction of Quanzhou Water Brain, a key project in Quanzhou, to truly realize risk-avoidance compliance, reduce costs and increase efficiency, and effectively improve the environment Industrial carbon peak and carbon neutral capacity.
The environmental protection water industry is the core element of carbon peaking and carbon neutrality. The realization of the dual-carbon goal is inseparable from the digital transformation of the environmental protection water industry. Ericsson will closely follow this strategic opportunity, continue to increase its investment in core technologies such as artificial intelligence and the Internet of Things, connect and empower more industry participants, and achieve large-scale replication of industry models.
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