Amount Raised
$400 Million
Round Type
Funding Round
BeijingArtificial IntelligenceMachine LearningInvestors
Description
Zhipu AI, a leading generative AI company in China, has secured a $400 million investment from Prosperity7 Ventures, a subsidiary of Saudi Aramco, to establish itself as a competitor to OpenAI.
Quick answer
Zhipu AI raised $400 Million in a Funding Round round, dated June 3, 2024. Investors: Prosperity7 Ventures. Zhipu AI is based in Beijing, Beijing, China.
- How much did Zhipu AI raise?
- Zhipu AI raised $400 Million in a Funding Round round on June 3, 2024.
- Who invested in Zhipu AI?
- Prosperity7 Ventures is named as investors in this round.
- What does Zhipu AI do?
- Zhipu AI is one of China’s earliest and most prominent startups developing generative artificial intelligence, aiming to compete with established players like OpenAI and Google.
- Where is Zhipu AI based and how big is it?
- Zhipu AI is based in Beijing, Beijing, China.
- Who are the decision-makers at Zhipu AI?
- Fundz holds 2 contacts at Zhipu AI. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Artificial Intelligence and Machine Learning around the same time
Companies in the same sectors as Zhipu AI that raised within 45 days of this round, from Fundz verified event records.
- Artificial Agency raised $16M (Funding Round) on July 18, 2024.
- Thoughtful AI raised $20M (Series A) on July 18, 2024.
- Shaped raised $8M (Series A) on July 17, 2024.
- Xapien raised $10M (Series A) on July 17, 2024.
- San Francisco Compute raised $12M (Seed) on July 17, 2024.
- Briefly Bio raised $1.2M (Pre-Seed) on July 17, 2024.
Who to call at Zhipu AI, and when
A new round usually means Zhipu AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Zhipu AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Zhipu AI, from your own LinkedIn network
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Fundz sees it the moment Zhipu AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Zhipu AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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