Zhipu AI, founded in 2019 and considered one of China's "AI tigers", has completed 16 funding rounds, according to business registration platform Qichacha. The company raised 3 billion yuan in December, with state-backed Zhongguancun Science City among the investors.

Chinese AI startup Zhipu announced today that it has raised over RMB 1 billion ($140 million) in a new strategic funding round. Investors include Hangzhou

Chinese startup Zhipu raised more than 1 billion yuan ($140 million) in a financing round led by local government-backed firms, underscoring the growing interest in domestic AI following DeepSeek’s ascent.