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Shengshu Technology Completes Nearly RMB2 billion Series B Financing Led by Alibaba Cloud
2026-04-10 12:54:14
Shengshu Technology announced that it has completed nearly RMB2 billion in Series B financing. This round was led by Alibaba Cloud, with strategic investments from Zhongwangtou, Jiuan Haitang, TAL Education, Guanghe Venture Capital and other investors. Existing shareholders including Xinglian Capital, Datai Capital, C&D Emerging Investment, Baidu Ventures and Zhuoyuan Asia also continued to increase their investments.

According to the introduction, Shengshu Technology was established in March 2023 and focuses on the independent research and development of multimodal general large models and related applications. Recently, its latest model Vidu Q1 topped rankings such as VBench, with video generation capabilities ranked first globally. Its core product, the Vidu AI content production platform (vidu.cn), has served users in more than 200 countries and regions worldwide, while the Vidu MaaS platform (platform.vidu.cn) has provided services to clients in interactive entertainment, advertising and marketing, animation and film, cultural and tourism innovation, smart enterprises and global architectural partners.(su/da)~

AASTOCKS Financial News
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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.