financing

Swedish AI programming startup Lovable recently closed a new funding round, with its valuation soaring to $6.6 billion (approximately RMB 46.5 billion). This represents a more than threefold increase from its previous valuation of $1.8 billion (approximately RMB 13 billion) after the last funding round, making it one of Europe's most valuable startups. The company specializes in short...

On December 8, Unconventional AI, an AI computing power company established just two months prior, announced the completion of a $475 million (approximately RMB 3.356 billion) seed round financing, achieving a valuation of $4.5 billion (approximately RMB 31.8 billion). This funding was led by...

Last Thursday, AI video generation platform Pollo AI announced the completion of a $14 million (approximately RMB 98.97 million) seed round of financing. This round was led by GaoCheng Capital with participation from ZhenFund, marking Pollo AI's first institutional funding since its launch in September 2024. ...

On December 4, U.S.-based AI legal technology company Harvey announced it had raised $160 million (approximately RMB 1.131 billion) in Series F funding, achieving a valuation of $8 billion (approximately RMB 56.573 billion). This funding round comes just five months after its previous financing, during which the company...

Today, The Information has learned from investor filings and people familiar with the matter that AI data analytics platform Databricks is in talks for a new funding round worth up to $5 billion (approximately RMB 35.4 billion). In this round, Databricks' valuation...

Last night, U.S.-based AI music creation platform Suno announced the completion of a $250 million (roughly Rs. 1.777 billion) round of C financing, valuing the company at $2.45 billion (roughly Rs. 17.415 billion), up from a $500 million (roughly Rs. 3.554 billion) valuation in May last year,...

Early this morning, US-based AI video startup Luma AI made an announcement that it has completed $900 million (roughly Rs. 6.397 billion) in Series C funding. According to sources, Luma AI's valuation has reached about $4 billion (about Rs 28.432 billion). This round of financing...

On November 17, Japanese AI unicorn Sakana AI announced the completion of $135 million (about RMB 960 million) in Series B financing, valued at $2.635 billion (about RMB 18.73 billion), bringing the total financing to about $347 million (about RMB 24...

On November 3, Hippocratic AI, a U.S.-based generative AI medical unicorn, announced the completion of a $126 million (roughly Rs. 897 million) round of C financing, with participation from CapitalG, an independent growth fund under Google parent company Alphabet. This round of financing also makes...

On October 29, Karan Goel, founder and CEO of U.S.-based speech-generation startup Cartesia, announced the launch of a new speech model, Sonic-3, on social platform X. He also disclosed that it had completed a $100 million (roughly Rs. 712 million) financing round, which NVIDIA...

Blacksmith, a developer of AI programming tools, has announced the completion of a $10 million (roughly Rs. 71 million) Series A round of funding, which was funded by Google Ventures (GV) In May this year, Google Ventures also participated in the company's seed round of financing...

On September 12, U.S. AI data labeling startup Micro1 announced the completion of $35 million (equivalent to about 250 million yuan) in Series A financing, with a post-investment valuation of $500 million (equivalent to about 3.5 billion yuan). This round of financing was led by 01 Advisors, an organization led by former X...

On September 10, AI video generation enterprise Aishi Technology announced the completion of more than 60 million U.S. dollars in Series B financing, led by Alibaba and followed by investors such as Dachen Caixin, Shenzhen Venture Capital, Beijing Artificial Intelligence Industry Investment Fund, Hunan Dianguang, Giant Network and Antler. It is reported that this is the domestic video birth...

Early this morning, big model unicorn Anthropic announced the completion of $13 billion (equivalent to about 92.8 billion yuan) F round of financing, post-investment valuation of $183 billion (equivalent to about 1.3 trillion yuan), about $61.5 billion (equivalent to about 439.1 billion yuan), about $615 billion (equivalent to about 439.1 billion yuan) in March this year,...

On June 23rd, Galaxy General, a star company of humanoid robots, announced the completion of a RMB 1.1 billion financing, led by Ningde Times and Ningde Times' Puquan Capital, and followed by China Development Bank's CDB Sci-Tech, Beijing Robotics Industry Fund, and Jiyuan Capital. This is this year with the intelligent track...

On June 20, Shanghai-based medical AI startup Lianzhi Intelligence announced the completion of its Series A financing with a total scale of RMB 1 billion. The financing was co-led by Efonda Private Equity Fund Management Co. and Shangguo Investment Management, and co-funded by Shanghai Lianhe, Shengshi Capital, Baofeng Investment, Su Venture Capital, Junwei Venture Capital, Qingsong Capital, Zhangjiagang...

Endor Labs, which builds tools to scan AI-generated code for vulnerabilities, announced on April 23 that it had closed a $93 million Series B round of funding (totaling $163 million) led by DFJ Growth, with Salesforce Ventures and other...

On October 3, artificial intelligence startup OpenAI completed a new round of $6.6 billion in funding, bringing its post-investment valuation to $157 billion, nearly double the approximately $86 billion it was valued at at the end of last year when employees sold their existing shares. The round was funded by venture capital firm...