StarWiz closes multimillion-yuan angel round

2020-08-14
|
Isiah Liu

StarWiz closes multimillion-yuan angel round

StarWiz has recently closed its angel round of financing worth tens of million of yuan. The round was led by Leaguer Angel, and joined by Leaguer Hongxin.


The proceeds will be used to initiate research and development of next-generation satellite plans of the company and integrated solutions for satellite financial information services.


Founded in May 2018, StarWiz is a high-tech company dedicated to the design, construction and operation of high-resolution optical and synthetic aperture radar satellite systems, focusing on satellite information services and integrated applications of financial technology.


Since its establishment, StarWiz has mainly provided global and regional satellite observation, economic operation data analysis and business insights, and key infrastructure construction and operation analysis reports to banks, securities firms, commodity trading institutions, and key industrial clients.


Ou Dong, co-founder and general manager of StarWiz says that the company's satellite image analysis, indexing products and trading model service platform, developed based on satellite big data and artificial intelligence algorithms, have been recognized by various financial and investment institutions at home and abroad, forming a stable and sustainable product line and business.


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