Total amount raised
$949 Million
Latest funding date
03/01/2025
Location
Zhipu AI has successfully raised funding over 10 rounds, attracting a diverse group of 31 investors. The company focuses on developing foundational AI models and tools for language, voice, and multimedia tasks.
Keep reading to explore the intricacies of Zhipu AI's fundraising journey and the investors backing this innovative platform.
What Is Zhipu AI?
Zhipu AI, based in Haidian, Beijing, China, is a prominent player in the artificial intelligence industry. The company specializes in developing foundational AI models and tools for language, voice, and multimedia tasks. With a workforce of 501-1000 employees, Zhipu AI is recognized as the largest independent large model manufacturer in China.
Founded with a vision to inspire artificial general intelligence (AGI) to benefit humanity, Zhipu AI offers a range of products and services, including intelligent coding plans, high-performance model services, and various AI applications. The company is actively involved in industry partnerships and collaborations to advance AI technologies.
How Much Funding Has Zhipu AI Raised?
- Private Equity Round
- Amount Raised: CNY 1,000,000,000 (approx. USD 154,000,000)
- Date: July 2025
- Lead Investors: Pudong Chuangtou, ZJ Innopark (Zhangjiang Hi-Tech Park)
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance AI development and expand market reach.
- Private Equity Round
- Amount Raised: CNY 2,000,000,000 (approx. USD 308,000,000)
- Date: March 2025
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing AI projects and increase operational capacity.
- Series Unknown
- Amount Raised: CNY 3,000,000,000 (approx. USD 412,000,000)
- Date: December 2024
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To boost AI development efforts and expand product offerings.
- Series D
- Amount Raised: Not publicly disclosed
- Date: September 2024
- Lead Investors: Zhongguancun Science City Science
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fend off competition and continue growth.
- Series Unknown
- Amount Raised: USD 400,000,000
- Date: May 2024
- Lead Investors: Prosperity7 Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the ChatGLM GenAI model family.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: March 2024
- Lead Investors: Qiming Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance AI capabilities and expand market presence.
- Series B
- Amount Raised: Not publicly disclosed
- Date: September 2023
- Lead Investors: Alibaba Group, Tencent
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support commercial growth and enhance AI models.
- Series B
- Amount Raised: CNY 1,720,000 (approx. USD 265,000)
- Date: July 2023
- Lead Investors: Meituan
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand AI services and product offerings.
- Series B
- Amount Raised: Not publicly disclosed
- Date: September 2022
- Lead Investors: Legend Capital, Qiming Venture Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue AI development and market expansion.
- Series A
- Amount Raised: Not publicly disclosed
- Date: January 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart AI projects and establish market presence.
Total Amount Raised: USD 1,274,265,000. Current Valuation: Not publicly disclosed.
Key Investors
- Pudong Chuangtou
- Details: Pudong Chuangtou is a major investment firm focusing on high-tech and innovative enterprises.
- Investment Focus Areas: High-tech, innovation, technology.
- Notable Investments: Not publicly disclosed.
- ZJ Innopark (Zhangjiang Hi-Tech Park)
- Details: ZJ Innopark is a technology park that supports high-tech companies and startups.
- Investment Focus Areas: High-tech, startups, innovation.
- Notable Investments: Not publicly disclosed.
- Zhongguancun Science City Science
- Details: Zhongguancun Science City Science is an investment entity focusing on scientific and technological innovation.
- Investment Focus Areas: Science, technology, innovation.
- Notable Investments: Not publicly disclosed.
- Prosperity7 Ventures
- Details: Prosperity7 Ventures is a global venture capital firm investing in transformative technologies.
- Investment Focus Areas: Technology, innovation, AI.
- Notable Investments: Not publicly disclosed.
- Qiming Venture Partners
- Details: Qiming Venture Partners is a venture capital firm focusing on early to growth-stage investments in technology, media, and healthcare.
- Investment Focus Areas: Technology, media, healthcare.
- Notable Investments: Xiaomi, Meituan-Dianping, Bilibili.
What's Next for Zhipu AI?
With a substantial $412 million raised in its latest funding round, Zhipu AI is poised to capitalize on significant opportunities in the AI sector. The company plans to advance its AI solutions for businesses and expand its versatile chatbot, ChatGLM, which has already seen impressive user growth. This expansion is expected to drive further commercial revenue and market presence.
Given its successful fundraising history and the involvement of prominent investors, Zhipu AI is likely to attract additional investments in the future. The company's rapid growth and innovative offerings make it an attractive target for further funding and potential acquisitions by larger tech firms.
However, Zhipu AI faces challenges such as intense competition from major players like Alibaba and Tencent, the need for continuous innovation, and potential regulatory hurdles. Navigating these challenges will be crucial for sustaining its growth trajectory and maintaining its competitive edge in the dynamic AI landscape.
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