# PPZ

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

- Industry: Business Support Services
- Headquarters: Beijing, China
- Website: www.lenztechretail.com
- Latest round: Series B (Nov 27, 2017)
- Investors on record: 2

## About

Based in Beijing, China and established in 2013, PPZ Ltd. is a retail intelligence services and solutions provider based on artificial intelligence and big data, targeting on business customers. In November 2017, the company raised an undisclosed amount in series B funding from new investor GSR Ventures and Tiantu Capital.

Its main business cover terminal stores marketing execution, checking prices, display inspection, sampling inspection, channel research solutions, etc. The artificial intelligence image recognition technology of the company can recognize mages of goods on shelves in physical stores and restoring consumer decision scenarios. The company also launched big data mining and analysis platform which can present shelf product information in the form of data in real time. The Patapoy Crowdsourcing Platform provided by the company has 1 million+ members across 1,000+ cities nationwide.

The company will accelerate the retailer digital transformation product layout, optimize the retail inspection robot solution, and continue to make efforts in the field of retail AI and IoT to promote the digital transformation of physical retail in the Chinese market on a large scale.

## Funding rounds

- Series B, Nov 27, 2017 — GSR Ventures, Tiantu Capital

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series B
- Tiantu Capital (https://capitalatlas.ai/funds/tiantu-capital) — Series B