Recently, the digital twin platform provider, DataMesh, successfully closed nearly RMB 100 million in its Series B1 financing. The funds will be primarily used for product and technology research and development, as well as market expansion. This round was led by Bjjs Fund, with participation from Lenovo Capital and other leading institutions. 

CEC Capital acted as the exclusive financial advisor in this transaction for DataMesh.

The successful closing of this deal signifies the capital market’s recognition of China's standardized software companies in the digital twin field.

Founded in 2014, DataMesh is a high-tech enterprise specializing in digital twin platforms. The company's vision is to use data twin technology to empower ordinary individuals to become experts, enhance the capabilities of frontline personnel, and optimize the structure of social productivity. DataMesh's digital twin platform seamlessly connects CAD/BIM/IoT to knowledge data, utilizing mixed reality technology (XR/MR), to achieve the mapping and simulation of the physical and digital worlds. This creates a "Metaverse" in industrial and architectural scenarios, enabling enterprises to achieve cost reductions and efficiency improvements in the last mile of data-to-person transformation.