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31 March 2023
KEO Completed Tens of Million Yuan A Round Financing, Accelerating the Development of Its Digital Platform for Scientific Research Services.

Recently, Guangzhou KEO Information Technology Co., Ltd. (hereinafter referred to as " KEO") has successfully completed A-round financing of tens of millions of yuan, and the funds are mainly used for the research and development of its scientific research service digital platform.


KEO empowers scientific research and academic exchanges with digitalization, providing comprehensive digital solutions and services to scientific research institutions and personnel, connecting global scientific and academic resources, and contributing to the promotion of international academic exchanges, the construction of Chinese basic scientific research teams, and the commercialization of scientific and research findings. This financing represents capital's full recognition and market validation of the development potential of KEO.


This round of financing is led by Zhejiang Winreal Investment Management Co., Ltd. (hereinafter referred to as " Winreal Investment") . Winreal Investment, based on its core team's profound industrial background and industry experience, insists on investing with management thinking, and focuses on hard technology and digital technology. In terms of digital technology, Winreal Investment gives priority to the data element industry chain. To promote digital capabilities, industrial digitization, and end-to-end data processing application, Winreal Investment has invested a series of excellent enterprises in data sources, data platforms, data quotient and other subdivided fields.


In terms of this investment, Mr. Bai Shaocheng, executive director of Winreal Investment, stated that the development path of KEO is in line with the macro-policy direction of China, the management team is stable, and the market sense is keen; KEO is also one of the few companies in the industry that adhere to brand building, digital and large-scale operations, and has formed a good brand effect and customer recognition. This company has grown into a segmented market leader in the scientific research and academic field, and its future growth is expected.


Digitalization Supports the Transformation and Upgrading of the Scientific Research Service Industry


At present, the scientific research service industry is facing unprecedented opportunities. The 14th Five-Year Plan (2021-2025) for National Economic and Social Development clearly states that a high-end exchange platform for national scientific research papers and scientific and technological information should be established. Under the new national system, China and the United States have engaged in fierce competition in scientific research. In 2022, China's expenditure on research and experimental development reached 3 trillion yuan, an increase of 10% over the previous year, accounting for 2.55% of the gross domestic product. There are more than 6 million researchers in China, ranking first in the world for many consecutive years. At the same time, China's scientific research achievements are remarkable. In 2021, the number of Chinese scientific research papers published in the world's three major index journals accounted for 35.3% of the world's share, ranking first in the world; during the period from 2012 to 2022, China's papers accounted for 27.3% of the world's share of the top 1% of highly cited papers, ranking second in the world.


At the same time, however, there are still problems such as small and scattered service organizations, limited service intelligence level, scattered and idle scientific research resources, and difficulties in cooperation between enterprises, universities, and research institutes. Thus, digital upgrade of the scientific research service industry is inevitable. As a "National High-tech Enterprise" and "Specialized and New Small and Medium-sized Enterprise", KEO, based on its digital strategy, actively promotes the digital transformation and upgrading of the industry, and provides efficient solutions and services for scientific research institutions and researchers through technologies such as full-process academic conference digital solutions, the journal big data intelligent matching system, the global think tank platform, the AI peer reviewer system, the Aischolar cloud classroom teaching platform, the scientific and research findings commercialization and technology trading system, and the high-level talent service system. All of these promote the commercialization of scientific research findings and industrial development, and accelerate the digital upgrading of the scientific research service industry.


With this round of financing, KEO will continue to practice digital strategy, focus on scientific research talent services, commercialization of scientific research findings, academic resource sharing and other business scope. KEO will continuously increase digital R&D investment and product upgrades to provide high-quality digital services for scientific researchers, and strive to promote global scientific and academic exchanges, break and expand academic boundaries, and build a full-process scientific research service digital platform for scientific researchers at home and abroad.