Chinese multimodal foundation model company founded in 2021, backed by miHoYo, Tencent and Alibaba.
| Date | Round | Amount |
|---|---|---|
| Jan 2026 | Incoming IPO MiniMax listed on the Hong Kong Stock Exchange, raising about HK$5.54 billion ($710 million) at HK$165 per share; shares jumped over 70% on debut, valuing the AI company above $11 billion. | $710M |