On April 18, Fabarta, a graph intelligence company, announced that it has successfully obtained a Pre-A round of financing of 100 million yuan. This round of financing was led by Longhorn Ventures, followed by Blue Run Ventures and Jiangmen Ventures.
It is reported that in the past year, Fabarta has completed two consecutive rounds of financing of hundreds of millions of yuan. Blue Run Ventures will be the lead investor in Fabarta’s angel round in early 2022, followed by Jiangmen Ventures and Jiasheng Chaosheng Capital. Blue Run Ventures and Jiangmen Ventures, as old shareholders, both invested excessively in this round. The funds will be used to accelerate Fabarta's core technology research and development, expand market share, and promote the layout of the AI infrastructure field with graph intelligence as the core.
Founded in 2021, Fabarta focuses on solving the problem of mining complex business value through graph intelligence technology in a large amount of heterogeneous data environment, and creating an AI-oriented Infra (technical infrastructure). The founding team has an excellent background in combining cutting-edge technology with business success. The founding core members all have years of experience in graph and AI engineering research and development and marketization. They have worked for companies such as Ali, IBM, Baidu, Microsoft, and SAP, and have rich To B Domain productization capabilities, and rich experience in cloud-native and distributed database domains. Fabarta's graph intelligence product matrix is based on a cloud-native distributed graph database and graph computing engine, which can help enterprise customers and business partners more easily complete the precipitation, governance and management of data assets, and quickly and efficiently build rich applications in the graph intelligence field , using explainable AI to assist the intelligent transformation of enterprises. Fabarta is also closely integrated with large-scale model technology to build the core technology infrastructure of AGI. At the same time, it builds a global map of data assets based on graph intelligence technology and creates a next-generation enterprise data platform based on Data Fabric (data weaving).
Hui Chao, partner of Longmafeng, who led this round of investment, said that in the past ten years, the data industry has developed rapidly, and various industries have accumulated rich data assets&#x