Artificial Intelligence Top 10 In China – 1/10
Ranking: Number 1
Company Name: iCarbonX
Funding Total: US$155 Million
Valuation: US$1 Billion
Address： Shahe Industrial Zone,No.4018 Qiaoxiang Road, Nanshan District, Shenzhen, Guangdong Province, PRC
Tel： 0755-33605888(Tel Exchange), 0755-33605802(Fax)
(iCarbonX announced plans in January to invest US$400 million in seven companies to form a Digital Life Alliance.)
Founded in 2015 by a team headed by Wang Jun, former chief executive officer at Chinese genomics pioneer BGI, iCarbonX aims to create an artificial intelligence-enabled platform for individuals to better manage their health and receive precision medical treatment.
The Shenzhen-based start-up, having raised RMB1 billion (US$155 million) in total from strategic investors Tencent Holdings Ltd. and financial backers including China Bridge Capital, is busy constructing a massive data pool incorporating proteins, bacteria, metabolites, DNA and numerous additional biological metrics. It then plans to utilize deep learning technology to study how health is maintained, why people get sick, and how to treat diseases using precision medicine.
Having achieved unicorn status just six months after establishment, the world’s fastest to obtain a US$1 billion valuation, iCarbonX revealed a US$400 million investment in seven companies in January to form a Digital Life Alliance, an information ecosystem designed to fulfill founder Wang’s vision of helping people better understand and manage their lives.