# Beijing Deduction Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-deduction-technology-co

- Industry: Media
- Headquarters: Beijing, China
- Website: www.mittrchina.com
- Total disclosed funding: $0.5M
- Latest round: Series A (Nov 10, 2018)
- Investors on record: 5

## About

Beijing Deduction Technology Co., Ltd. specializes in advanced AI technologies and tools, focusing on applications in academia, historical research, and technology development.Founded in 2015, Beijing Deduction Technology Co., Ltd. is based in Beijing, China, and operates in the field of AI-driven technologies. The company has successfully completed 3 deals, with its most recent funding round on November 10, 2018, when it raised CNY 14.000 mn in Series A funding led by Casstar Capital, along with investments from Lanting Capital. The CEO of the company is Erfang Zhou.The core offerings from the company include advanced AI-driven technologies and tools that facilitate diverse applications across various industries. Their flagship product, the Aeneas AI tool, focuses on transforming the study of ancient inscriptions by enabling historians to restore, date, and trace these artifacts with high precision. Additionally, they have developed an innovative non-invasive neural interface wristband designed to interpret muscle-generated electrical signals for gesture control, which has been published in reputable scientific journals. The company primarily serves clients in the fields of academia, historical research, and technology development, with an expanding user base that includes researchers, educational institutions, and tech firms globally. Their products are marketed primarily in North America, Europe, and parts of Asia, catering to an international audience interested in technology solutions.The company's revenue model revolves around B2B transactions, partnerships, and subscription-based pricing structures for its AI tools and technologies. Clients typically engage in partnerships that may include recurring fees for access to their proprietary tools, such as the Aeneas AI tool, as well as potential licensing agreements for commercial usage. Revenue is generated through these subscription models, allowing institutions to integrate the company's technology into their workflows seamlessly. The pricing structure includes various tiers based on usage and the scale of implementation, catering to both small research teams and larger educational institutions. Their strategic focus on high-value clients in sectors requiring advanced data processing supports sustained revenue growth.In November 2018, Beijing Deduction Technology Co., Ltd. raised CNY 14.000 mn in Series A funding, which will be used to support the development of new products and expansion into new markets. The company plans to launch additional AI-driven tools aimed at enhancing research capabilities for historical studies by mid-2022. Alongside this, they are targeting expansion into European and Asian markets by the end of 2022, building on their existing client base.

## Funding rounds

- Series A, Nov 10, 2018 — Yunqi Partners, Casstar Capital, Empower Investment, Lanting Capital
- Angel, Sep 1, 2016, $0.5M — Aqua Ventures

## Investors

- Aqua Ventures (https://capitalatlas.ai/funds/aqua-ventures) — Angel
- Yunqi Partners (https://capitalatlas.ai/funds/yunqi-partners) — Series A
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series A
- Empower Investment (https://capitalatlas.ai/funds/empower-investment) — Series A
- Lanting Capital (https://capitalatlas.ai/funds/lanting-capital) — Series A