# New Tranx Information Technology (Beijing) Co.

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

- Industry: Business Support Services
- Headquarters: Beijing, China
- Website: www.newtranx.com
- Total disclosed funding: $15M
- Latest round: Series A (Feb 4, 2021)
- Investors on record: 2

## About

New Tranx Information Technology (Beijing) Co., Ltd. specializes in AI-driven translation solutions that enhance global communication, offering a variety of advanced translation tools and services for businesses.Founded in 2014, New Tranx Information Technology (Beijing) Co., Ltd. is based in Beijing, China, and focuses on developing AI translation technologies. The CEO and founder, Liang Tian, has a background that supports the company's innovative approach. The company has participated in 2 deals, with their most recent funding round being a Series A investment in February 2021, raising RMB 100 million from Yuanning Capital, bringing the total funds raised to RMB 100 million.???? (New Translation Technology) offers AI-driven translation solutions to improve global business communication. Their main products include the MOSSTALK AI translation machine, designed for both business travel and educational settings, alongside multi-modal translation capabilities for text, documents, voice, and images. These services are integrated into various platforms, such as Web and Office, catering to multinational corporations, educational institutions, and sectors like biomedical research and scientific publishing, focusing on enhancing real-time translation efficiency.The revenue model of ???? relies on a subscription-based system where clients can access a suite of AI translation services based on their specific needs. Businesses can engage in direct transactions for flagship products like the ?? (Smart Translation) platform and other translation tools. Their clientele spans multiple industries, benefiting from customized solutions that integrate advanced translation capabilities to improve operational workflows.In February 2021, New Tranx Information Technology (Beijing) Co., Ltd. secured approximately RMB 100 million in Series A funding from Hangzhou Yuanning Huizhi Investment Management. This capital is expected to bolster their development of new AI translation products and support expansion into new geographic markets. The company is targeting further growth within the Asia-Pacific region with specific plans to enhance their service offerings and reach more clients by the end of 2023.

## Funding rounds

- Series A, Feb 4, 2021, $15M — Yuanning Capital
- Angel, Oct 1, 2016 — Leaguer Group

## Investors

- Leaguer Group (https://capitalatlas.ai/funds/leaguer-group) — Angel
- Yuanning Capital (https://capitalatlas.ai/funds/yuanning-capital) — Series A