ONES.AI, a Shenzhen-based Chinese technology company that focuses on enterprise-level R&D project management systems, completed a $50 million Series C round.

The round was led by GIC, while previous shareholders, Source Code Capital and XVC, have been present in all three rounds.

The company has accumulated the most amount of financing in the field of R&D management systems in China and has also set a record for the fastest speed of financing in this field.

Company: Shenzhen Advent Technology Co., Ltd.

Raised: $50.0M

Round: Series C

Funding Month: September 2021

Lead Investors: GIC

Additional Investors:  Source Code Capital and XVC

Company Website:  https://ones.ai/

Software Category: R&D management solutions

About the Company: ONES.AI, founded in 2015, has grown into a leading provider of R&D management solutions in China, and its eight professional R&D management products run through the whole life cycle of software R&D. In 2020, the company acquired Tower, a well-known Chinese team collaboration tool, to provide one-stop solutions for various project management scenarios. ONES.AI’s customers cover many top 500 enterprises including Xiaomi, China Telecom, Kweichow Moutai, SAIC Motor, China Merchants Fund Management, and Inspur Software.

Source: https://pandaily.com/ones-ai-completes-c-round-of-financing-nears-100-million-total-financing-within-six-months/