Baichuan Intelligence, a large-scale start-up, has recently completed its Series A financing, with a total financing amount of 5 billion yuan. Prior to this, in October 2023, Baichuan Intelligence announced its A1 round of financing, disclosing a list of technology giants and top investment institutions, including Alibaba, Tencent, Xiaomi and others. Following confirmation from multiple sources, it was discovered that in the Series A financing, in addition to the aforementioned institutions, Baichuan Intelligence also received investment from state-owned background industrial investment funds such as Beijing Artificial Intelligence Industry Investment Fund, Shanghai Artificial Intelligence Industry Investment Fund, and Deep Venture Capital. An informed source said that after the completion of the Series A financing, Baichuan Intelligence's valuation has reached 20 billion yuan, and it will initiate its Series B financing with this valuation. The journalist has sought confirmation from Baichuan Intelligence regarding the above information, but as of the time of publication, Baichuan Intelligence has not responded. (36kr holdings)
百川智能完成50亿元A轮融资 估值超200亿元
Baichuan Intelligence has completed a Series A financing of 5 billion yuan, with a valuation of over 20 billion yuan.
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