# Anchora

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/anchora

- Industry: Business Support Services
- Headquarters: Shanghai, China
- Website: www.mopaas.com
- Latest round: Series B (Sep 2, 2016)
- Investors on record: 3

## About

Anchora, Inc. provides an innovative artificial intelligence platform through its MoPaaS (Model-as-a-Service) solution, facilitating scalable AI algorithm training and model hosting services for various sectors.Founded in 2013, Anchora, Inc. operates from Shanghai, China, and specializes in AI solutions. The company, co-led by CEO Weimin Lu, engages primarily in delivering advanced AI capabilities, focusing on the Asian markets. In September 2016, Anchora raised Series B funding, co-led by new investor Walden International and returning investor Kaiwu Capital, with participation from Mali Venture Capital.Anchora, Inc. specializes in providing a robust artificial intelligence platform, primarily through its MoPaaS (Model-as-a-Service) offering. This platform leverages leading deep learning frameworks such as TensorFlow, Caffe, Torch, and Anaconda to deliver flexible AI algorithm training and model hosting services. Its core functionality allows for on-demand service models, offering users a reliable and scalable cloud-based environment for developing and deploying deep learning applications. The platform caters to a diverse clientele, including businesses in sectors requiring advanced AI capabilities for tasks such as predictive analytics, machine learning, and model optimization. Anchora's services are aimed primarily at markets within Asia, focusing on regions where there is a growing demand for digital transformation and AI integration.Anchora, Inc. generates revenue through a structured model that includes subscriptions for its AI platform services as well as partnerships with various organizations. Clients engage with the company on a service model basis, wherein they pay for resources utilized within the platform. This transaction structure typically involves clients subscribing to specific service tiers based on their operational needs, allowing them to scale their use of AI resources effectively. The flagship offerings, including the MoPaaS platform, are priced according to usage metrics, enabling businesses to pay only for the computational resources they consume. This pricing approach not only facilitates flexibility for clients but also aligns with the broader market trend towards pay-as-you-go service models in the technology sector.Anchora, Inc. plans to utilize its recent Series B funding from September 2016 to enhance its product offerings and expand into new markets. The company is focused on developing new features for its MoPaaS platform, with a goal to launch additional tools by the end of 2024. Additionally, Anchora is targeting expansion into Southeast Asia and expanding its presence in regions where AI adoption is rising sharply. By strategically investing in these initiatives, Anchora aims to solidify its position in the advancing AI landscape.

## Funding rounds

- Series B, Sep 2, 2016 — Walden Catalyst, Kaiwu Capital, Mali Venture Capital

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series B
- Kaiwu Capital (https://capitalatlas.ai/funds/kaiwu-capital) — Series B
- Mali Venture Capital — Series B