# Cardinal Operations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cardinal-operations

- Industry: Software
- Headquarters: Beijing, China
- Website: www.shanshu.ai
- Total disclosed funding: $39M
- Latest round: Series C (Mar 31, 2023)
- Investors on record: 9

## About

Established in 2016 and based in Beijing, China, Cardinal Operations operates as an artificial intelligence decision technology services provider that provides intelligent decision technology platform. The company headquartered in Shenzhen and has branch located in Shanghai. In October 2017, it cooperated with to promote mathematical planning solver LEAVES. In October 2022, the company promoted Shanshu solver COPT 6.0.  The core research team most graduated from Qingbei, Fudao, Stanford, Cornell and Berkeley, and the master's degree is more than 50%. Xiaoqu Luo is the CEO of the company, and he once served as the vice president and chief strategy officer of Venture Dark Horse. Xi Wang is the CPO of the company, and he is the specially appointed expert of Beijing and once served as the senior manager of Global business operations of Google.

The company's products include Planiverse, LibraMind, PonyPlus and Shanshu solver COPT(Cardinal Optimizer). Planiverse is a consumer intelligence operation decision optimization platform and LibraMind is a industrial smart manufacturing decision optimization platform. Industry solutions is divided into four series, which include smart supply chain, smart industrial manufacturing, infrastructure optimization and other industries. Smart supply chain includes food and beverage, beauty and cosmetics, clothing, shoes and hats, and retail chain. Other industries include warehouse network, biomedical, logistics and transportation, financial industry. The company has many clients, such as Haier, Tsinghua University and China Southern.

## Funding rounds

- Series C, Mar 31, 2023 — Yuexiu Industrial Investment Funds Management
- Series C, Mar 31, 2023 — China Development Bank Capital
- Series C, Jun 9, 2021, $31M — BOC International, Tianren Investment
- Series A, Jul 1, 2017, $5.9M — Lenovo Capital and Incubator Group, Pagoda Innovation, Jiangmen Capital
- Angel, Aug 16, 2016, $2.1M — NLVC, ZhenFund

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Angel
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series A
- Pagoda Innovation (https://capitalatlas.ai/funds/pagoda-innovation) — Series A
- Jiangmen Capital (https://capitalatlas.ai/funds/jiangmen-capital) — Series A
- BOC International (https://capitalatlas.ai/funds/boc-international) — Series C
- Tianren Investment — Series C
- Yuexiu Industrial Investment Funds Management (https://capitalatlas.ai/funds/yuexiu-industrial-investment-funds-management) — Series C
- China Development Bank Capital — Series C