On July 14, Aishi Technology officially announced the completion of its overall Series C financing round, raising a total of 2.98 billion yuan. The C+ round was led by Alibaba, with participation from more than a dozen domestic and international institutions, including Lollapalooza Capital (Wang Huiwen’s family office), Ivy Capital, Huiyuan Capital, Zhongding Capital, South Korea’s Mirae Asset, OCBC’s Lion X fund, BlueFocus, CloudAlpha, and iGlobe Partners. The funds will primarily be used for foundational models in video generation, real-time world models, global product growth, and industrial scenario implementation.
AI-Powered Startup Aishi Tech Secures $410 Million in Series C Funding
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