On May 21, Mianbi Intelligence, a startup specializing in large-scale AI model development, announced the successful completion of a new round of financing worth hundreds of millions of yuan. This round was jointly invested in by Hongtai Fund, Guozhong Capital, Tsinghua Holdings Jinxin, and Moutai Fund. Although the exact amount and valuation have not been disclosed, the company indicated that the influx of funds will significantly enhance its AI model technology and product barriers, accelerating the application in various industries, especially in the automotive sector.
Mianbi Intelligence was co-founded in 2022 by former Zhihu CTO Li Dahai and Associate Professor Liu Zhiyuan from Tsinghua University's Computer Science Department, focusing on developing AI models for end-side applications. With the rapid development of artificial intelligence technology in recent years, the company has shown particularly strong market potential in automotive applications.
The image source note: The image was AI-generated and licensed by Midjourney.
This funding round marks the third successful round within the past year for Mianbi Intelligence. As early as April 2024, the company had already secured hundreds of millions of yuan in financing, with Springtime Ventures leading the investment, and Beijing Artificial Intelligence Industry Investment Fund among others participating, with Zhihu continuing to support as a strategic shareholder. In December 2024, Mianbi Intelligence received another round of hundreds of millions of yuan in funding, co-led by several institutions including Loongson Venture and Dinghui Baifu. This series of financing rounds have not only provided financial security for Mianbi Intelligence's technological research and development but also laid a solid foundation for its market expansion.
The founding team of Mianbi Intelligence, leveraging their profound technical background and industry experience, is committed to promoting the popularization and application of AI technology, especially in innovative areas such as automotive and smart home applications. With the completion of this round of financing, Mianbi Intelligence will further accelerate its industry layout, aiming to secure a more advantageous position in future competition.
Today, the success of Mianbi Intelligence provides a new development paradigm for AI startups, demonstrating how to achieve rapid growth and drive industry transformation in an era where technology and capital are combined.