China Renaissance

In its third financing in a year, Chinese financial AI startup Xuntu Technology has raised over $43M (RMB 300M) in a Series B. China Insurance Investment and GF Xinde Investment joined, with Qiming Venture Partners and existing backers Amber Capital, Jiacheng Capital, Trustbridge Partners and Eastern Bell Capital participating; China Renaissance acted as financial adviser. The company says the capital will support model and product development, broader multi-asset client base, and overseas expansion. Its Alpha派 AI research assistant now serves more than 120,000 professional users across over 8,000 institutions.