# Nvxclouds

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

- Industry: Business Support Services
- Headquarters: Hangzhou, China
- Website: www.nvxclouds.com
- Total disclosed funding: $15M
- Latest round: Series B (Aug 20, 2021)
- Investors on record: 5

## About

Based in Hangzhou, China and established in 2019, Nvxclouds Limited is a data services platform that provides medical data and financial data renting for data users and provides data security systems for data providers. It has research and development centers and regional headquarters in other cities. The co-founder and chairman of the board, Shuang Wang, was a professor at the University of California, he co-sponsored the first iDASH privacy and confidential computing competition. More than 70% of team members have a master's degree. In August 2024, it closed a venture funding.

The company's core product is Nuoweixin privacy computing platform, it includes medical big data privacy computing platform (NovaVita), government big data privacy computing platform (NovaGov) and other products. The company also provides homomorphic encryption and multi-party secure computation. At present, the company has served more than dozens of hospital customers.

The company generates revenue by offering its privacy computing platforms and services, which are crucial for data security and compliance in various industries.

## Funding rounds

- Series B, Aug 20, 2021, $15M — Qiming Venture Partners, Beijing Seeyon Internet Software Corp., Donghan Paifu Capital, Ligang Capital Investment, Hainan Range Investment
- Series A, Mar 17, 2020 — Qiming Venture Partners

## Investors

- Qiming Venture Partners (https://capitalatlas.ai/funds/qiming-venture-partners) — Series A, Series B
- Beijing Seeyon Internet Software Corp. — Series B
- Donghan Paifu Capital (https://capitalatlas.ai/funds/donghan-paifu-capital) — Series B
- Ligang Capital Investment — Series B
- Hainan Range Investment — Series B