5Y News | 5Y Capital Portfolio Company *Deepexi* Closes Series B+ Round
Focused on lakehouse-integrated data intelligence infrastructure software.
Deepexi recently announced the completion of its Series B+ funding round, led by AVIC Capital with follow-on investment from several major existing shareholders, raising RMB 110 million. Lighthouse Capital continued to serve as the exclusive financial advisor. With this round, Deepexi has become a unicorn in the next-generation lakehouse-integrated data intelligence infrastructure software space. This follows its $100 million Series B strategic investment last August, which was led by financial industry capital, and marks another significant strategic investment from state-owned enterprise (SOE) industrial capital — further accelerating the company's growth in critical foundational industries such as advanced manufacturing, with aviation manufacturing as a key focus.
5Y Capital led Deepexi's Series A round in 2019 and has continued to support the company through two subsequent rounds.
After nearly four years of development, this partnership with a strategically positioned state-backed shareholder will enable Deepexi to achieve comprehensive upgrades across strategy, product, technology, and services.
Deepexi views the evolution of the big data industry in three stages: The first stage was BI plus traditional data warehouses, providing basic data analytics capabilities. The second stage was data middle platforms plus Hadoop-based big data applications, offering more flexible BI and big data capabilities. Now, the industry is moving into a third stage — the construction of next-generation data intelligence infrastructure built on machine learning and lakehouse-integrated technology, driving deeper intelligence in critical industries.
The industrial integration of machine learning demands that data infrastructure platforms process large-scale structured and unstructured data at lower cost and with greater real-time performance. This is the core need driving the development of next-generation lakehouse architecture, and a key catalyst for establishing next-generation lakehouse data platforms as foundational infrastructure for the continued growth of the digital economy.
Based on this assessment, Deepexi has further sharpened and elevated its strategy, focusing all resources on building its next-generation lakehouse-integrated data platform FastData to help numerous industries construct next-generation data intelligence infrastructure.
After comprehensive testing with over 100 petabytes of data and commercial deployment with customers, Deepexi has completed a major iterative upgrade from FastData 1.0 to 2.0.
Built on modern data stack principles, FastData 2.0 connects the complete chain from data source integration and analytics to value realization. With cloud-native architecture, real-time high-performance processing, low operational costs, and superior user experience, it helps enterprises build unified, governed, streaming-batch-integrated, lakehouse-integrated cloud-native data intelligence platforms — enabling real-time analysis of massive data sets and serving as core foundational software supporting digital transformation.
Data intelligence technologies have flourished across emerging communities, and Deepexi actively contributes to core open-source communities, strengthening foundational open-source technologies, enhancing international exchange, and elevating its team's technical horizons. Additionally, Deepexi established and operates the DEEPNOVA developer community, which continuously researches technology trends in lakehouse integration, enterprise-wide data governance, active metadata management, end-to-end CDC and consistency, data security, and machine learning — stimulating community innovation and building an open technology ecosystem.
On another front, Deepexi has increased R&D investment and focus on key technology module innovation, comprehensively advancing domestic technology support and adaptation to the Xinchuang (IT innovation) ecosystem, accumulating over 70 core patents to date.
Deepexi believes that next-generation Data+AI capabilities will rapidly develop through cloud services. To strengthen its cloud service offerings, the company is implementing a Cloud First strategy in customer service, gradually building data intelligence infrastructure for industry customers through cloud-based delivery.
Currently, FastData Cloud has been certified by multiple cloud providers and is serving customers on Amazon Web Services, Microsoft Azure, and Huawei Cloud. Going forward, Deepexi will continue to invest heavily to significantly enhance user experience and service capabilities across major cloud platforms.
Since its founding in 2018, Deepexi has continuously innovated and iterated, contributing and gaining in equal measure — its solutions have been validated by over 200 large and medium-sized enterprises across advanced manufacturing, biopharmaceuticals, commodity circulation, and fintech, including Belle International, Chongqing Machinery & Electric, Kelun Pharmaceutical, Changan New Energy, Nice Group, Macrolink, Guangzhou City Construction Investment, Jiuzhou Electric, OPPO, and VIVO — using data intelligence to advance data infrastructure across industries.
Going forward, Deepexi will focus on its real-time lakehouse platform FastData as its core product direction, Data+AI data intelligence infrastructure as its key value creation driver, Cloud First as its critical service capability builder, and DEEPNOVA as its technology community foundation — continuing to create customer value in data intelligence.
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