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Chinese startup offers AI-driven energy management services

Extreme Entropy Technology plays key role in China's 'double carbon' policy

Extreme Entropy Technology focuses on maximizing energy asset life cycles for industrial parks and companies. (Photo courtesy of the company)

BEIJING -- Extreme Entropy Technology, a Chinese startup providing artificial intelligence-driven energy services, has raised nearly 100 million yuan ($14.5 million) in a Series B funding round led by Xinshang Capital, an investment unit of Wuxi Municipal State-owned Assets Supervision and Administration Commission.

Founded in 2014, Extreme Entropy Technology is an AI-driven energy asset management company that focuses on the country's "double carbon" policy, which aims to cap carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060.

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