The Baidu-backed acoustics technology developer has raised money in an Addor Capital-led round that reportedly boosted its overall funding to $86m.

SonicAI, a China-based acoustics intelligence technology developer┬ábacked by internet group Baidu, has secured RMB200m ($29m) in series B funding, Pandaily has reported. Private equity firm Addor Capital led the round, which included financial services firm Zhongguancun Bank and venture debt provider InnoVen Capital. Founded in 2016, SoundAI produces intelligent acoustics technology that can be integrated…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.