Zhipu AI raised an undisclosed amount in a funding round led by Beijing Zhongguancun Science City Innovation Development to support technological innovation and ecosystem buildout for its large language models.
Round Type
Funding Round
BeijingArtificial IntelligenceMachine LearningInvestors
Description
Zhipu AI, based in Beijing, has raised new funding from a state-backed investor amid a boom in the AI sector in mainland China. The funding round values the start-up at approximately 20 billion yuan (US$2.8 billion) and aims to enhance technological innovation.
Quick answer
Zhipu AI raised an undisclosed amount in a Funding Round round, dated September 5, 2024. Investors: Beijing Zhongguancun Science City Innovation Development. Zhipu AI is based in Beijing, Beijing, China.
- How much did Zhipu AI raise?
- Zhipu AI raised an undisclosed amount in a Funding Round round on September 5, 2024.
- Who invested in Zhipu AI?
- Beijing Zhongguancun Science City Innovation Development is named as investors in this round.
- What does Zhipu AI do?
- Zhipu AI is one of China’s earliest and most prominent startups developing generative artificial intelligence, aiming to compete with established players like OpenAI and Google.
- Where is Zhipu AI based and how big is it?
- Zhipu AI is based in Beijing, Beijing, China.
- Who are the decision-makers at Zhipu AI?
- Fundz holds 2 contacts at Zhipu AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Artificial Intelligence and Machine Learning around the same time
Companies in the same sectors as Zhipu AI that raised within 45 days of this round, from Fundz verified event records.
- Cambri raised $8M (Funding Round) on October 18, 2024.
- Aya Data raised $900K (Seed) on October 18, 2024.
- Budy.bot raised $4.2M (Seed) on October 17, 2024.
- Zerve raised $7.6M (Funding Round) on October 17, 2024.
- Onesurance raised an undisclosed amount (Seed) on October 17, 2024.
- JigsawStack raised $500K (Pre-Seed) on October 16, 2024.
Who to call at Zhipu AI, and when
A new round usually means Zhipu AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Zhipu AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Zhipu AI, from your own LinkedIn network
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Zhipu AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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