TLDR: Baixing Intelligence, a company founded by the former COO of Hello Inc., has successfully closed a Pre-A funding round, raising tens of millions of RMB. The investment, spearheaded by GSR Ventures with additional participation from Yuanshu Venture Capital, is earmarked for enhancing research and development efforts and expanding market reach. The company specializes in developing vertical AI Agents tailored for the foreign trade sector, offering ‘AI Foreign Trade Employee’ services such as ‘Zoe,’ ‘David,’ and ‘Lisa.’ These AI-powered solutions are designed to automate foreign trade marketing workflows, aiming to significantly reduce customer acquisition expenses, operational costs, and human resource requirements for Chinese enterprises venturing into global markets. The article highlights compelling case studies demonstrating substantial cost efficiencies and improved order conversion rates achieved through the adoption of Baixing Intelligence’s AI Agents.
Artificial intelligence is evolving from an auxiliary tool to an ‘AI employee‘. 36Kr learned that Baixing Intelligence announced the completion of a Pre-A round of financing worth tens of millions of RMB. This round was led by GSR Ventures, with participation from Yuanshu Venture Capital and others. The funds from this round of financing will be used to strengthen R&D investment and market expansion.
Baixing Intelligence is the first domestic company to develop AI Agents for the vertical foreign trade industry. It provides AI foreign trade employee services for Chinese companies going global. Its AI foreign trade employees are the first domestic AI Agent products that integrate the foreign trade marketing workflow, achieve full-process automation, and can deliver satisfactory work results at low cost through customization. They can solve the problems of ‘difficult customer acquisition, high costs, and tight manpower’ faced by Chinese companies going global. Its core products are ‘AI Foreign Trade Employee Zoe’, ‘AI Foreign Trade Employee David’, and ‘AI Foreign Trade Employee Lisa’.
Since the second half of 2024, tech giants such as OpenAI and Anthropic have promoted the implementation of Agent technology, and AI Agents have evolved from conceptual discussions to practical applications. The commercial development of Agents in vertical scenarios (such as programming, customer service, and law) has advanced rapidly. Leading companies like Cursor (programming) and Sierra (customer service) have achieved an Annual Recurring Revenue (ARR) of over $100 million and are valued at tens of billions of dollars. The foreign trade scenario, being a vertical field with many pain points such as difficult customer acquisition, high costs, and tight manpower, presents a significant opportunity for AI Agents.
Different from traditional tools, Baixing Intelligence’s AI Agent products can also learn continuously and adjust strategies in real-time. Specifically, Baixing Intelligence’s AI Agent products can achieve low-cost customized models. They will customize an exclusive enterprise brain based on the enterprise’s products and positioning.
Also Read:
- Alibaba Cloud’s Bailian Platform Ushers in High-Code AI Agent Development for Enterprise Operations
- FoundersX Ventures’ Portfolio Companies Secure Over $120 Million in Series A Funding, Highlighting GenAI’s Impact Across Key Sectors
After using Zoe, with an investment of less than 60,000 RMB, it achieved orders worth 12 million RMB (from multiple overseas buyers, and dozens of high-quality overseas potential buyers are being followed up). Marketing costs were reduced by 80%, and the demand for front-end manpower was halved. Foreign trade employees only need to focus on order conversion. Another company, a hotel building energy-saving film company, had difficulty going global due to insufficient manpower and limited start-up funds. After connecting to Zoe, labor costs dropped by 70%.
