Chinese AI video generation startup Sand.ai raised $200M in Series A extension round, achieving unicorn status with over $1B valuation. CoStone Capital and Wangsu Science & Technology led the deal.
Amount Raised
$200 Million
Round Type
Series A
Investors
Description
Sand.ai, a Beijing-based AI startup specializing in video generation, completed a Series A+ extension round of $200 million, bringing the company's valuation to over $1 billion and achieving unicorn status. The round was led by Chinese investment firm CoStone Capital and Shenzhen-listed Wangsu Science & Technology, with participation from Pudong Venture Capital Group, Shanghai International Group's investment arm, and existing investors including iMPC, CAS Star, and HyT Capital. This marks Sand.ai's third funding round in 2026, bringing total fundraising over the past 10 months to $300 million. The startup, founded in early 2024 by Tsinghua PhD graduate Cao Yue, develops generative video models including Magi-1 and GAGA-1 to democratize high-quality video content creation.
Quick answer
Sand.ai raised $200 Million in a Series A round, dated November 5, 2026. Investors: HyT Capital, CAS Star, Pudong Venture Capital Group, Shanghai International Group, iMPC, Wangsu Science & Technology and CoStone Capital. Sand.ai is based in Beijing, Beijing, China.
- How much did Sand.ai raise?
- Sand.ai raised $200 Million in a Series A round on November 5, 2026.
- Who invested in Sand.ai?
- HyT Capital, CAS Star, Pudong Venture Capital Group, Shanghai International Group, iMPC, Wangsu Science & Technology and CoStone Capital are named as investors in this round.
- What does Sand.ai do?
- Sand.ai is a Chinese AI startup specializing in video generation founded in early 2024 by Tsinghua PhD graduate Cao Yue.
- Where is Sand.ai based and how big is it?
- Sand.ai is based in Beijing, Beijing, China. Fundz records about 15 employees.
- Who are the decision-makers at Sand.ai?
- Fundz holds 1 contact at Sand.ai, including the Founding Partner. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Video and Artificial Intelligence around the same time
Companies in the same sectors as Sand.ai that raised within 45 days of this round, from Fundz verified event records.
- Kling AI raised $3B on October 30, 2026.
- NationA raised $5.9M (Series A) on October 22, 2026.
- Vision Makers raised $4M (Seed) on November 14, 2026.
- Vumedi raised $140M (Series B) on November 13, 2026.
- SINPRO Intelligent Technology raised $15M (Series B) on November 13, 2026.
- Mondrio raised $3.8M (Seed) on November 12, 2026.
Who to call at Sand.ai, and when
A new round usually means Sand.ai is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Sand.ai raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Sand.ai, from your own LinkedIn network
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