# Konvery

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

- Industry: Information Services
- Headquarters: Beijing, China
- Website: www.konvery.com
- Latest round: Angel (Sep 6, 2022)
- Investors on record: 3

## About

Based in Beijing, China and founded in 2022, Beijing Kaiwang Data Technology Co., Ltd., trading as Konvery, operates as a data solution provider that provides data services, including AI big model data labeling toolchain and reinforcement training tools. Xu Yu, the founder of the company, once worked in Momenta, Uber, and ByteDance Ltd. The company has about 40 employees and the team members come from Alibaba, Uber, Momenta, Mercedes-Benz Leasing and ByteDance Ltd., etc. The company cooperates with SANY Heavy Industry in the data area. It has its own academy, and has trained 50 schools and over 1500 students. In August 2026, it closed a Strategic Investment co-led by E-Town International Industrial Investment, Huafang Capital, and FutureX Capital, with participation from Xin Ding Capital, Merit Asset Management, Huazhang Kaifeng Capital and others.

The company provides one-stop data annotation solutions for car companies and self-driving companies. It developed a Smart Chain automated AI data production line, including a "3D assisted annotation" tool platform, a "4D-BEV data splicing and annotation" toolchain, a "5KW big point cloud" tool platform, and 6 data ecology closed-loop solutions.

The company generates revenue through AI data services, data collection and annotation projects, data processing engagements, platform subscriptions, data management solutions, software services, and enterprise technology consulting.

The company will use the August 2026 funding to support its research and development of an integrated data trading platform, recruitment of specialized technical talent for world modeling, and large-scale expansion of data capacity in real-world scenarios across three key sectors: commerce, industry, and home.

## Funding rounds

- Angel, Sep 6, 2022 — Sany Group Limited, Xishan Angel Foundation, Cherish Capital

## Investors

- Sany Group Limited — Angel
- Xishan Angel Foundation — Angel
- Cherish Capital (https://capitalatlas.ai/funds/cherish-capital) — Angel