Tech Company Financing Transactions
ShengShu Technology Funding Round
ShengShu Technology, based in Beijing, secured $293 million from Alibaba Cloud, Baidu Venture Capital and Luminous Ventures.
Transaction Overview
Company Name
Announced On
4/10/2026
Transaction Type
Venture Equity
Amount
$293,000,000
Round
Series B
Investors
Proceeds Purpose
The Chinese artificial intelligence startup will use the proceeds to develop a universal world model that can connect the digital and physical worlds.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Beijing, Undisclosed
China
Beijing, Undisclosed
China
Phone
Undisclosed
Website
Email Address
Overview
ShengShu Technology is a world-leading artificial intelligence company specializing in the development of multimodal large language models. Driven by innovation, the company delivers cutting-edge MaaS and SaaS solutions that transform creative production by enabling smarter, faster, and more scalable content creation. With its flagship video generation platform, Vidu, ShengShu Technology's solutions have reached users in over 200 countries and regions worldwide, spanning industries such as animation, interactive entertainment, advertising, film, cultural tourism, and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Jun Zhu
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