# Xinhuazhiyun

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

- Industry: Media
- Headquarters: Hangzhou, China
- Website: www.xinhuazhiyun.com
- Total disclosed funding: $23M
- Latest round: Series A (May 19, 2021)
- Investors on record: 3

## About

Based in Hangzhou, China and established in 2017, Xinhuazhiyun is a technology company that focuses on providing collection and processing content resource services. The company was jointly invested and established by Xinhua News Agency and Alibaba Group. In 2018, it released a short video intelligent production platform called Magic. In 2019, the company launched 25 media robots based on artificial intelligence technology and content application scenarios. In 2020, the company released short video data service platform called Mcndata. 

The company engages in the research and development media platform. Its main products include media artificial intelligence platform, short video intelligent production platform and media data center, etc. Short video intelligent production platform provides video clip generation service.

## Funding rounds

- Series A, May 19, 2021, $23M — Zhejiang Daily Digital Culture Group, Guangdian Wenchuang Capital, Shaoxing Keqiao District Financial Holdings

## Investors

- Zhejiang Daily Digital Culture Group — Series A
- Guangdian Wenchuang Capital (https://capitalatlas.ai/funds/guangdian-wenchuang-capital) — Series A
- Shaoxing Keqiao District Financial Holdings — Series A
