Tsinghua-backed Chinese AI lab, first Chinese startup to release a proprietary large language model.
| Date | Round | Amount |
|---|---|---|
| Jan 2026 | Incoming IPO Zhipu AI listed on the Hong Kong Stock Exchange, opening at HK$120 per share with a market capitalization above HK$52.8 billion (about $6.8 billion), becoming the first listed company centered on AGI foundation models. | — |
| Jul 2025 | Growth Zhipu AI announced a strategic investment of RMB 1 billion (~$140M) from Shanghai state funds Pudong VC and Zhangjiang Group, ahead of its IPO; valuation above RMB 20 billion. | $140M |
| Mar 2025 | Funding round Zhipu AI raised over RMB 1B (~$140M) in strategic funding from Hangzhou government-backed investors to advance its GLM foundation models. | $140M |
| Dec 2024 | Funding round Zhipu AI raised RMB 3B (~$412M) from strategic and state-owned investors, with existing backer Junlian Capital participating, to expand its multimodal base models. | $412M |