AI firm 4Paradigm raises $700m in fundraising round By Cheng Yu | chinadaily.com.cn | Updated: 2021-01-22 10:33 Share A logo of 4Paradigm. [Photo/4paradigm.com] Chinese AI company 4Paradigm announced on Friday that it has raised $700 million in its series D round of fundraising that was led by Boyu Capital, Primavera Capital, and Hopu Investments. With the new financing, 4Paradigm will accelerate its expansion across key industries to establish an enterprise-level and AI-based ecosystem as well as nurture more AI talents, the company said in an announcement. The round attracted new investors including the National Manufacturing Transformation and Upgrading Fund, China Development Bank, China Reform Holdings, China Jianyin Investment, CSC Financial, and Haitong Securities.