Tech Company Financing Transactions
Zhipu Funding Round
Zhipu, operating out of Beijing, received $341.8 million in funding from Alibaba Group, Hillhouse Capital Group and Legend Capital.
Transaction Overview
Company Name
Announced On
10/20/2023
Transaction Type
Venture Equity
Amount
$341,820,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Floor 10, Building 9, No. 1, Zhongguancun East Road Haidian
Beijing, 100080
CN
Beijing, 100080
CN
Phone
Website
Email Address
Overview
Developer of a artificial intelligence (AI) large model platform designed to provide API services to various types of customers. The company's platform includes a variety of smart application products such as the scientific and technological information analysis engine "AMiner" as well as AI cognitive engines CodeGeeX and CogView, enabling users to leverage AI-powered tools to reduce manual labor in digital tasks.
Management Team
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