APEX Technologies nets $10.85m in Series B round

Nov 19, 2020

Recently, APEX Technologies announced the completion of 71 million yuan ( about $10.85 million) in Series B financing, led by Ferry Venture Capital, and other capitals like Gaomei Capital and G5 Capital also participated in the round.

The proceeds will be used for market expansion, team improvement and product development, to further maintain and expand its leading position in the Chinese customer data platform (CDP) market.

APEX Technologies (formerly Chinapex) is a customer data technology and AI company. It combines cutting-edge big data, AI, and blockchain technology to tackle problems in areas of marketing, personalization, and customer analytics. 

APEX Technologies has experienced explosive growth in the last couple years - adding close to 100 mid to large size enterprise customers in the past year alone, ramping up entire customer base to around 350 companies, including a roster of name brands including Maserati, Hilton, Fairmont, MacLaren, Casio, and Huatai Securities, etc.