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
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.
Profile
Zhipu LinkedIn Company Profile
Social Media
Zhipu Company Twitter Account
Company News
Zhipu News
Facebook
Zhipu on Facebook
YouTube
Zhipu on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Peng Zhang
  Peng Zhang LinkedIn Profile  Peng Zhang Twitter Account  Peng Zhang News  Peng Zhang on Facebook
President
Shaolan Wang
  Shaolan Wang LinkedIn Profile  Shaolan Wang Twitter Account  Shaolan Wang News  Shaolan Wang on Facebook


 

 

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Prev: 10/20/2023: Slinger venture capital transaction
Next: 10/20/2023: Cosmos Innovation venture capital transaction

 

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We report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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