Chinese AIoT firm Terminus Group snaps over $276m in Series D round

Chinese AIoT firm Terminus Group snaps over $276m in Series D round

A visual network of the Internet of Things (IoT)

Terminus Group, which leverages artificial intelligence (AI) and Internet of Things (IoT) to provide smart city solutions, has pocketed 2 billion yuan ($276.4 million) in a Series D round co-led by AL Capital, a single-family office backed by Australian luxury property developer Aqualand Group. 

Edited by: Joymitra Rai