On June 5, news came out that Baiyao Technology, the company behind the AI Virtual Cell (AIVC) platform, recently announced it has successfully secured a new round of financing in the tens of millions. This funding round was led by Guoxin Ventures Capital Fund, a subsidiary of the state-owned capital operation platform China Guoxin, with participation from Daocheng Capital and Yunqi Capital. Existing shareholders Fengrui Capital and BV百度风投 also added their investments to this round. The raised funds will primarily be used to advance the next-generation virtual cell algorithm model, exclusive data collection, and accelerate industrial application deployment. Since 2023, Baiyao Technology has been building its foundational AI Virtual Cell large model with the goal of achieving precise analysis and prediction of cellular behavior and state changes.