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.
