Radar · AI Infrastructure in China
Best AI Infrastructure Companies in China
The 121 best AI Infrastructure companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: SenseTime.
By Rohit KhannaTrends & Stories
121companies tracked
$12.8Bdisclosed funding
11unicorns
53have raised
When you're mapping the best AI Infrastructure companies in China by disclosed equity funding, the numbers hit fast: 121 companies tracked, $12.8B raised collectively, and 11 unicorns already minted. SenseTime leads at $2.8B, Baichuan has crossed $1.0B, and Zhipu sits at $742M, all backed by a roster of investors including Tencent, Alibaba Group, and China Internet Investment Fund. The global AI infrastructure market was valued at roughly $22.6B in 2021 and is forecast to reach $105.4B by 2028 at a 24.6% CAGR, driven by larger datasets and surging cloud ML adoption. China's domestic ecosystem is capturing a serious share of that trajectory.
The capital picture is complicated right now, though. Global capital is quietly exiting China's AI infrastructure market amid geopolitical friction, even as domestic funding stays active, and Google's move to century-long bonds signals just how long western players think this capex cycle runs. So where does that leave Chinese operators? Mostly leaning harder on homegrown backers. As shown in 2024 research, state-adjacent capital flows increasingly shape which AI infrastructure bets get scaled, and I'd watch China Internet Investment Fund's portfolio moves closely this quarter.
Sources & further reading
- MarketsandMarkets
FLIAR INTELLIGENCE · AI INFRASTRUCTURE × CHINA
Our analysis of 50 AI Infrastructure companies
$46.6b in tracked funding; 98% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
98%cloud-native stacks
2025funding peak (by rounds)
24unicorns
2021median founding year
Ranked: Best AI Infrastructure companies in China
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SenseTime 🦄 AI based platform offering image recognition solutions 93Fin. health top 11%Funding top 13%Talent top 19%Market top 21% All 13 signals ▾Fin. healthtop 11% Fundingtop 13% Talenttop 19% Markettop 21% AItop 22% Patentstop 24% Newstop 31% Moattop 34% Producttop 35% Innovationtop 37% Growthtop 40% Globaltop 42% Techtop 46% Fin. health: Revenue ~$3.8B · Revenue 1.4x total funding Funding: Raised $2.8B across 8 rounds · 8 rounds over 12 yrs (0.7/yr) rank vs industry peers · Fliar Intelligence Index 93/100 | $2.8B | 2 mo ago | Public | 5,016 | 2014 | Tang Xiao'ou Co-Founder | 7 signals ▲17% Earnings · Funding · IPO | 104 patents AI-driven computer vision and perception technologies for autonomous systems and video analytics | 2 launchs · 2 partnerships |
| 2 | Moonshot AI 🦄 Platform offering artificial intelligence solutions 89Funding top 10%Tech top 25%News top 25%AI top 26% All 9 signals ▾Fundingtop 10% Techtop 25% Newstop 25% AItop 26% Moattop 26% Talenttop 28% Growthtop 32% Markettop 39% Globalbottom 36% Funding: Raised $1.3B across 4 rounds · 4 rounds over 3 yrs (1.3/yr) Tech: 40 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 89/100 | $1.3B | 1 mo ago | Series D | — | 2013 | Zhou Xinyu Co-Founder | 8 signals ▲167% Funding · Regulatory | — | — |
| 3 | 4Paradigm 🦄 Provider of enterprise-level artificial intelligence solutions and machine learning platforms | $1.1B | 64 mo ago | Public | 1,904 | 2014 | — | — | — | 1 partnership |
| 4 | Baichuan 🦄 Provider of AI language models 60AI top 20%Funding top 21%Moat top 28%Growth top 35% All 10 signals ▾AItop 20% Fundingtop 21% Moattop 28% Growthtop 35% Innovationtop 50% Talentbottom 49% Marketbottom 47% Patentsbottom 42% Techbottom 40% Globalbottom 35% AI: Classified as an AI company Funding: Raised $1.0B across 3 rounds · 3 rounds over 3 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $1.0B | 22 mo ago | Series A | — | 2023 | Wang Xiaochuan Founder | — | 7 patents Patents concentrated in transport & manufacturing processes | — |
| 5 | MiniMax 🦄 AI model technology to promote social connections and interaction | $850M | 27 mo ago | Series B | 100 | 2021 | Yeyi Yun Co-Founder | 26 signals ▲2500% IPO · Earnings · Lawsuit | — | — |
| 6 | Enflame Provider of cloud-based deep learning chips 78Funding top 25%AI top 26%Moat top 31%Market top 38% All 7 signals ▾Fundingtop 25% AItop 26% Moattop 31% Markettop 38% Talenttop 38% Globalbottom 29% Newsbottom 18% Funding: Raised $746M across 5 rounds · 5 rounds over 8 yrs (0.6/yr) AI: Classified as an AI company · Product described with: deep learning, machine learning rank vs industry peers · Fliar Intelligence Index 78/100 | $746M | 32 mo ago | Series D | 700 | 2018 | Zhang Yalin Co-Founder & COO | — | — | — |
| 7 | Zhipu 🦄 AI powered code generation tool for developers 74Funding top 13%Product top 18%Talent top 28%AI top 30% All 12 signals ▾Fundingtop 13% Producttop 18% Talenttop 28% AItop 30% Moattop 32% Newstop 40% Growthtop 42% Innovationtop 45% Techtop 45% Markettop 46% Globalbottom 40% Patentsbottom 36% Funding: Raised $742M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) Product: 4 product launch events in 12 mo, 1 the year before · Company stage: Public rank vs industry peers · Fliar Intelligence Index 74/100 | $742M | 14 mo ago | Public | — | 2021 | Li Juanzi Co Founder | 15 signals ▼32% IPO · New product · Earnings | 4 patents AlGaInP LED materials, GaN power semiconductor chips, and LED packaging technologies | — |
| 8 | Cloudwalk 🦄 Provider of AI platform, IoT devices, and related industry solutions 48Funding top 27%AI top 30%Moat top 31%Market top 44% All 8 signals ▾Fundingtop 27% AItop 30% Moattop 31% Markettop 44% Talentbottom 49% Globalbottom 36% Newsbottom 22% Techbottom 15% Funding: Raised $504M across 5 rounds · 5 rounds over 11 yrs (0.5/yr) AI: Classified as an AI company · Product described with: ai-powered rank vs industry peers · Fliar Intelligence Index 48/100 | $504M | 73 mo ago | Public | 85 | 2013 | William Xiaoqing Founder & CEO | — | — | — |
| 9 | Black Sesame Technologies 🦄 Developer of AI-based chips for machine vision tasks 89Product top 14%Patents top 15%Innovation top 18%AI top 20% All 11 signals ▾Producttop 14% Patentstop 15% Innovationtop 18% AItop 20% Markettop 25% Fundingtop 26% Moattop 26% Talenttop 28% Globaltop 40% Techbottom 22% Newsbottom 19% Product: 5 distinct product lines · Company stage: Public Patents: 247 patents matched (strict assignee match) · 198 filings since 2022 vs 49 in 2017-21 rank vs industry peers · Fliar Intelligence Index 89/100 | $500M | 46 mo ago | Public | 916 | 2016 | Wilson Liu Co-Founder & COO | — | 53 patents Advanced automotive vision systems: camera calibration, image fusion, shading correction, and robust data links. | — |
| 10 | Vastai Technologies Provider of GPU and AI-based chips for machine vision applications 74Moat top 22%AI top 26%Funding top 32%Talent top 38% All 6 signals ▾Moattop 22% AItop 26% Fundingtop 32% Talenttop 38% Markettop 41% Globalbottom 36% Moat: Editorial + unicorn rating 8/10 · Soonicorn AI: Classified as an AI company · Product described with: ai-based, computer vision rank vs industry peers · Fliar Intelligence Index 74/100 | $378M | 53 mo ago | Series B | 180 | 2018 | John Qian Co-Founder & CEO | — | — | — |
| 11 | Iluvatar CoreX Manufacturer of cloud computing chips 62AI top 18%Funding top 21%Market top 41%Moat top 47% All 8 signals ▾AItop 18% Fundingtop 21% Markettop 41% Moattop 47% Talentbottom 49% Patentsbottom 45% Globalbottom 40% Innovationbottom 38% AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC) Funding: Raised $334M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $334M | 21 mo ago | Public | 300 | 2015 | Zheng Jinshan Co-Founder | — | 23 patents Patents concentrated in computing, sensing & instrumentation | — |
| 12 | Unisound 🦄 Provider of AI-backed voice solutions for multiple industries | $302M | 59 mo ago | Public | 399 | 2012 | Huang Wei Founder & CEO | 3 signals ▲50% Earnings · IPO | — | — |
| 13 | 01.AI 🦄 Platform offering AI technology and applications | $300M | 22 mo ago | Series D | — | 2023 | Anita Huang Co Founder | — | — | — |
| 14 | IntelliFusion 🦄 Developer of AI chips, digital city platforms, and smart living solutions | $287M | 68 mo ago | Public | 833 | 2014 | Ning Chen Co-Founder & CEO | — | — | — |
| 15 | Beijing Qingwei Intelligent Technology Developer of reconfigurable chip technology for edge and cloud computing 55AI top 20%Funding top 27%Moat top 48%Talent bottom 49% All 6 signals ▾AItop 20% Fundingtop 27% Moattop 48% Talentbottom 49% Marketbottom 40% Globalbottom 36% AI: Classified as an AI company Funding: Raised $283M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $283M | 6 mo ago | Series C | — | 2006 | Wang Bo Founder & CEO | — | — | — |
| 16 | Light Years Beyond Provider of AI-based general artificial intelligence solutions | $280M | 36 mo ago | Acquired | — | — | — | — | — | — |
| 17 | Giga AI Developer of video motion capture models and spatial intelligence solutions 72Funding top 19%AI top 20%Talent bottom 49%Global bottom 33% All 4 signals ▾Fundingtop 19% AItop 20% Talentbottom 49% Globalbottom 33% Funding: Raised $158M across 3 rounds · 3 rounds over 2 yrs (1.5/yr) AI: Classified as an AI company rank vs industry peers · Fliar Intelligence Index 72/100 | $158M | 3 mo ago | Series A | — | 2023 | Zheng Zhu Co-Founder & Chief Scientist | — | — | — |
| 18 | Axera Developer of AI-based visual processing units 48Funding top 21%AI top 30%Market top 47%Moat top 48% All 7 signals ▾Fundingtop 21% AItop 30% Markettop 47% Moattop 48% Talentbottom 49% Globalbottom 36% Techbottom 15% Funding: Raised $126M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) AI: Classified as an AI company · Product described with: ai-based rank vs industry peers · Fliar Intelligence Index 48/100 | $126M | 14 mo ago | Public | 300 | 2019 | Xiaoxin Qiu Founder & CEO | — | — | — |
| 19 | DataCanvas Provider of AI infrastructure, intelligent computing cloud platforms, and related software | $106M | 29 mo ago | Series D | — | 2013 | Lei Fang Co-Founder & CEO | — | 3 patents Optimizing cloud resource allocation and container orchestration performance measurement | — |
| 20 | Hyperparameter Technology Provider of artificial general intelligence technology solution | $100M | 64 mo ago | Series B | — | 2019 | Liu Yongsheng Founder | — | — | — |
| 21 | Cambricon Developer of AI chips, software, and intelligent processing solutions | $100M | 96 mo ago | Public | 669 | 2016 | Chen Yunji Co-Founder | 24 signals ▲700% Earnings · Announcements · Regulatory | — | — |
| 22 | NextVPU Provider of AI vision processing chips and embedded solutions for smart devices and applications | $71M | 48 mo ago | Series C | 300 | 2016 | Alan Feng Co-Founder & CEO | — | — | — |
| 23 | ThinkForce Developer of semiconductor integrated circuits to deploy AI algorithms | $68M | 102 mo ago | Series A | 23 | 2017 | Bing Wang Co-Founder | — | — | — |
| 24 | RealAI Developer of AI platform for multi-industry verticals | $47M | 26 mo ago | Series B | — | 2018 | Liyuan LIU Co-Founder | — | — | — |
| 25 | HOUMO.AI Provider of an intelligent computing chip that enables AI calculations 62AI top 20%Funding top 38%Market top 48%Talent bottom 49% All 5 signals ▾AItop 20% Fundingtop 38% Markettop 48% Talentbottom 49% Globalbottom 36% AI: Classified as an AI company Funding: Raised $46.2M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 62/100 | $46M | 23 mo ago | Seed | 100 | 2020 | Qiang Wu Co-Founder and CEO | — | — | — |
| 26 | DeePhi Tech Deep learning in AI applications | $40M | 103 mo ago | Acqui-Hired | 200 | 2016 | — | — | — | — |
| 27 | Tianrang Platform for artificial general intelligence applications | $26M | 56 mo ago | Series B | — | 2016 | Han Dingyi Co-Founder & COO | — | — | — |
| 28 | Evomotion Provider of an AI and cloud-based platform for edge devices | $20M | 44 mo ago | Series B | — | 2015 | Weibing Huang Co-Founder | — | — | — |
| 29 | Qizhi Technology Developer of AI-based digital health solutions for prevention and rehabilitation | $16M | 97 mo ago | Series A | — | 2016 | Wang Danian CEO | — | 9 patents Cooling fans, image sharpening, footwear design, maternal protection, baby pool, hydro turbines, mobile chargers | — |
| 30 | Zhipu Huazhang Offers multiple AI solutions | $15M | 44 mo ago | Series B | — | 2018 | Wang Shaolan CEO | — | — | — |
| 31 | Gongdadi Provider of a cloud-based automatic AI training platform | $15M | 48 mo ago | Series A | — | 2020 | Renqi Zhang Co-Founder | — | — | — |
| 32 | WITINMEM Provider of an AI chip for machine learning applications | $14M | 82 mo ago | Deadpooled | — | 2017 | Wang Shaodi CEO | — | — | — |
| 33 | Bar-headed Goose Intelligent Technology Platform offering enterprise-level AI Agent | $14M | 29 mo ago | Series A | — | — | Zhang Yi Founder | — | — | — |
| 34 | SiliconFlow AI infrastructure platform to accelerate Artificial General Intelligence | $14M | 12 mo ago | Series A | — | 2023 | Jinhui Yuan Co-Founder & CEO | — | — | 7 launchs |
| 35 | SynSense Developer of neuromorphic chips and bio-inspired vision sensors and software | $13M | 38 mo ago | Series A | 65 | 2017 | Ning Qiao Co-Founder & CEO | — | — | — |
| 36 | DeepBrain Chain Decentralized compute sharing platform | $12M | 102 mo ago | Funding Raised | 16 | 2017 | Jack Lee Co-Founder | — | — | — |
| 37 | Pim Chip Manufacturer of AI accelerator chips | $10M | 46 mo ago | Series A | 10 | 2021 | Zhenlong Xu Co-Founder | — | — | — |
| 38 | Moran Cognitive Technology Develops natural language recognition and processing technology and solutions | $10M | 113 mo ago | Series A | — | 2016 | Claire Bot Co-Founder & Marketing Director | — | 4 patents Smart‑home automation: dynamic rule generation and conflict‑resolution for environmental control | — |
| 39 | Databaker Technology Provider of AI-based speech and image-based solutions and services for businesses | $9M | 44 mo ago | Series B | 50 | 2016 | Xiulin Li Cofounder & Cto | — | — | — |
| 40 | MindFlow Provider of a solution to train data for AI applications | $7M | 47 mo ago | Series A | — | 2018 | Zhao Jian Founder | — | — | — |
| 41 | Luchen Technology Provider of AI model development services 60AI top 20%Funding top 41%Talent bottom 49%Global bottom 29% All 4 signals ▾AItop 20% Fundingtop 41% Talentbottom 49% Globalbottom 29% AI: Classified as an AI company Funding: Raised $6.0M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $6M | 3 mo ago | Series B | — | 2021 | You Yang Founder | — | — | — |
| 42 | Corerain Technologies Adaptable artificial intelligence custom chip | $2M | 29 mo ago | Series C | — | 2016 | Wayne Luk Co-Founder | — | — | — |
| 43 | Stardust Cloud-based training data as a service platform | $2M | 96 mo ago | Series A | — | 2017 | Lei Zhang Co-Founder & CEO | — | — | — |
| 44 | Zhengzhou Lingban Intelligent Technology AI based speech recognition and synthesis solutions | $906K | 92 mo ago | Seed | — | 2017 | Chen Bolingban Founder & CEO | — | — | — |
| 45 | EmoKit Natural Language Processing (NLP) tool developer | $900K | 179 mo ago | Seed | — | 2009 | Wei Qingchen Founder & CEO | — | — | — |
| 46 | Lingju Provides NLP-based technologies for human-machine interaction | $729K | 93 mo ago | Seed | — | 2013 | Zhang Sheng Founder & CEO | — | — | — |
Top 12 AI Infrastructure companies in China
#1
Public · Hong Kong, Hong Kong · founded 2014 · 5016 employees$2.8Braised▾
Public · Hong Kong, Hong Kong · founded 2014 · 5016 employees
AI based platform offering image recognition solutions. It is focused on creating a better AI-empowered future through innovation. It is committed to advancing the state of the art in AI research, developing scalable and affordable AI software platforms that benefit businesses, people and society as a whole, while attracting and nurturing top talents to shape the future together. It invest in its original and cutting-edge research that allows to offer and continuously improve industry-leading AI capabilities in universal multimodal and multi-task models, covering key fields across perception intelligence, natural language processing, decision intelligence, AI-enabled content generation, as well as key capabilities in AI chips, sensors and computing infrastructure.
Fliar Intelligence Index™ 93how this company ranks against its industry peers
Fin. health
top 11%Funding
top 13%Talent
top 19%Market
top 21%AI
top 22%Patents
top 24%Fin. health: Revenue ~$3.8B · Revenue 1.4x total funding · Publicly listed (IPO 2021)
Funding: Raised $2.8B across 8 rounds · 8 rounds over 12 yrs (0.7/yr) · Last round Post IPO (Apr 2026)
Talent: Analyst team rating 5/5 · 5 named leaders on record · 5 C-suite/founder profiles curated
Audience (LinkedIn): 113k LinkedIn followers — 68.2% of this cohort's audience
Activity (LinkedIn): 2 product launches · 2 partnerships (incl. HKSTP - Hong Kong Science and Technology Parks Corporation) announced in 12 mo
Funding rounds
- Apr 2026Post IPO$73.3M
- Nov 2025Post IPO—
- Dec 2021Series D—
- Sep 2018Series D$1B
Founders & team
Investors
Sailing Capital, IDG Capital, CDH, CICC, CoStone Capital, China Merchants Securities
Tech stack
Alibaba Cloud CdnBaidu Analytics (百度统计)Clipboard.JsCore-JsCrypto-JsGoogle Analytics
#2
Series D · Beijing, Beijing · founded 2013$1.3Braised▾
Series D · Beijing, Beijing · founded 2013
Platform offering artificial intelligence solutions. It develops large language models and creates LLMs for handling long context and producing results for tasks such as legal documents, finance analysis, and creative writing.
Fliar Intelligence Index™ 89how this company ranks against its industry peers
Funding
top 10%Tech
top 25%News
top 25%AI
top 26%Moat
top 26%Talent
top 28%Funding: Raised $1.3B across 4 rounds · 4 rounds over 3 yrs (1.3/yr) · Last round Series D (May 2026)
Tech: 40 technologies across 6/8 capability areas · Cloud: Amazon Cloudfront, Amazon Web Services · Devops: Nginx
News: 8 BI events in 12 mo (of 20 tracked, 3 types) · +167% YoY · 6 high-value events (IPO/M&A/funding/contracts) in 12 mo
Funding rounds
- May 2026Series D$2B
- Jan 2026Series C$500M
- Feb 2024Series B$1B
- Oct 2023Series B$274.2M
Founders & team
Investors
Zhen Fund, Capital Today, HSG, Meituan, Xiaohongshu, Alibaba Group
Tech stack
Alibaba Cloud CdnAmazon CloudfrontAmazon Web ServicesAtlassian StatuspageBabelBaidu Analytics (百度统计)
#3
Series A · Beijing, Beijing · founded 2023$158.2Mraised▾
Series A · Beijing, Beijing · founded 2023
Developer of video motion capture models and spatial intelligence solutions. The company focuses on providing content and data engine solutions. It develops video motion capture models that identify and extract motion videos from data. The company aims to create data and content engines using world models and spatial intelligence.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 19%AI
top 20%Talent
bottom 49%Global
bottom 33%Funding: Raised $158M across 3 rounds · 3 rounds over 2 yrs (1.5/yr) · Last round Series A (Mar 2026)
AI: Classified as an AI company
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Mar 2026Series A$137M
- Nov 2025Series A$14.1M
- Sep 2024Series A$7.1M
Founders & team
Investors
MiraclePlus, Tsinghua Holdings Capital, Xinding Capital, Wuhan Optics Valley Industry Investment, V Star Capital, Suzhou Innovation Investment Group
#4
Series C · Haidian, Beijing · founded 2006$283Mraised▾
Series C · Haidian, Beijing · founded 2006
Developer of reconfigurable chip technology for edge and cloud computing. They provide solutions for edge computing, including smart security, office, industrial, and energy applications. The company also offers solutions for robotics and intelligent data centers. Their core technology includes reconfigurable arrays and scheduling techniques.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
AI
top 20%Funding
top 27%Moat
top 48%Talent
bottom 49%Market
bottom 40%Global
bottom 36%AI: Classified as an AI company
Funding: Raised $283M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Series C (Dec 2025)
Moat: Editorial + unicorn rating 4/10 · 10 curated direct competitors tracked
Funding rounds
- Dec 2025Series C$283M
- Nov 2023Series B—
- Mar 2022Series B—
Founders & team
Investors
Pro Capital, Zhuoyuan Asia, Beijing Venture Capital, Jiantou Investment, Chengdu Science and Technology Innovation Investment Group, Huatai Zijin Investment
#5
Zhipu 🦄Public · Haidian, Beijing · founded 2021$742Mraised▾
Zhipu 🦄
Public · Haidian, Beijing · founded 2021
AI powered code generation tool for developers. It provides solutions for model research and application development. It generates code based on functions described in natural language comments. It includes a translation feature that supports the translation of multiple programming language.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Funding
top 13%Product
top 18%Talent
top 28%AI
top 30%Moat
top 32%News
top 40%Funding: Raised $742M across 6 rounds · 6 rounds over 4 yrs (1.5/yr) · Last round Series D (Apr 2025)
Product: 4 product launch events in 12 mo, 1 the year before · Company stage: Public
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding rounds
- Apr 2025Series D$27.4M
- Mar 2025Series D$69M
- Mar 2025Series D$137.2M
- Dec 2024Series D$420M
Founders & team
Investors
Prosperity7 Ventures, Alibaba Group, Tencent, Zhongguancun Science City, Ant Group, Alibaba Capital Partners
Tech stack
Core-JsHstsLenisNext.JsNext.Js App RouterNginx
#6
Baichuan 🦄Series A · Haidian, Beijing · founded 2023$1Braised▾
Baichuan 🦄
Series A · Haidian, Beijing · founded 2023
Provider of AI language models. It develops Baichuan-13B and Baichuan2-53B, two open-source Chinese AI models.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
AI
top 20%Funding
top 21%Moat
top 28%Growth
top 35%Innovation
top 50%Talent
bottom 49%AI: Classified as an AI company
Funding: Raised $1.0B across 3 rounds · 3 rounds over 3 yrs (1.0/yr) · Last round Series A (Jul 2024)
Moat: Editorial + unicorn rating 9/10 · IP moat: 7 patents · Unicorn
Funding rounds
- Jul 2024Series A$691M
- Apr 2024Series A—
- Oct 2023Series A$300M
- Apr 2023Angel$50M
Founders & team
Investors
Alibaba Cloud, Tencent, Xiaomi, Alibaba Group, Asia Investment Capital, CICC
Tech stack
Alibaba Cloud CdnCore-JsHstsNext.JsNext.Js App RouterNode.Js
#7
Series B · Haidian, Beijing · founded 2021$6Mraised▾
Series B · Haidian, Beijing · founded 2021
Provider of AI model development services
Fliar Intelligence Index™ 60how this company ranks against its industry peers
AI
top 20%Funding
top 41%Talent
bottom 49%Global
bottom 29%AI: Classified as an AI company
Funding: Raised $6.0M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Series B (Mar 2026)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Mar 2026Series B$14.5M
- May 2023Series A—
- Sep 2022Seed—
- Sep 2022Angel—
Founders & team
Investors
Lanchi Venture Capital, Zhen Fund, Chuangxin Innovation Works, Broad Vision Funds
#8
Public · Haidian, Beijing · founded 2019 · 300 employees$126Mraised▾
Public · Haidian, Beijing · founded 2019 · 300 employees
Developer of AI-based visual processing chip for visual computing applications. It develops AI-based integrated chips with high-computing power and low power consumption. Its features include high performance and image quality, and multi-camera joint applications. It has applications in smart cities, home security, transportation, and industrial manufacturing sectors.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Funding
top 21%AI
top 30%Market
top 47%Moat
top 48%Talent
bottom 49%Global
bottom 36%Funding: Raised $126M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series C (Apr 2025)
AI: Classified as an AI company · Product described with: ai-based
Market: 300 employees (top 7% of High Tech) · Top-50,000,000 web property
Funding rounds
- Apr 2025Series C$136.3M
- Dec 2021Series A$126M
- Apr 2021Series A—
- Apr 2021Seed—
Founders & team
Investors
Tencent, Qiming Venture Partners, Meituan, Beijing Heju Investment, Shanghai Weihao Chuangxin Investment Management, Glory Ventures
#9
Public · Shanghai, Shanghai · founded 2015 · 300 employees$334.2Mraised▾
Public · Shanghai, Shanghai · founded 2015 · 300 employees
Manufacturer of cloud computing chips. It designs and offers cloud computing chips for learning and training applications in different sectors. It enables the launching of edge cloud inference GPUs for 5G technology and provides seamless integration with the current imported mainstream GPU systems.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
AI
top 18%Funding
top 21%Market
top 41%Moat
top 47%Talent
bottom 49%Patents
bottom 45%AI: Classified as an AI company · Holds AI/ML patents (G06N-family CPC)
Funding: Raised $334M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series D (Sep 2024)
Market: 300 employees (top 22% of Semiconductors)
Funding rounds
- Sep 2024Series D—
- Jan 2024Series D—
- Jul 2022Series C$148.7M
- Mar 2021Series C$185.5M
Founders & team
Investors
Zhongguancun Science City, Shanghai Guosheng Group, Vista Investment Group, Hopu Fund, HOPU-Arm Innovation Fund, Financial Street Capital Operation Center
#10
01.AI 🦄Series D · Beijing, Beijing · founded 2023$300Mraised▾
01.AI 🦄
Series D · Beijing, Beijing · founded 2023
Developer of enterprise large language model platform and AI agent solutions. The company focuses on AI technologies, platforms, and applications. It helps to manage human productivity through AI, creating economic and societal value. The company provides enterprise AI agent and LLM one-box solutions. It promotes AI-first applications and AI-empowered business models.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 4.2% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Al Engineer, Al Solutions Architect
Funding rounds
- Aug 2024Series D—
- Nov 2023Series D$300M
Founders & team
Investors
Tencent, Xiaomi, Alibaba Cloud, Sinovation Ventures, Southeastasianconsortium
Tech stack
BabelBugsnagCart FunctionalityCore-JsEmotionGoogle Analytics
#11
MiniMax 🦄Series B · Shanghai, Shanghai · founded 2021 · 100 employees$850Mraised▾
MiniMax 🦄
Series B · Shanghai, Shanghai · founded 2021 · 100 employees
Developer of artificial intelligence large-scale model technology designed to promote social connections and interaction. The company's technology leverage new generation artificial intelligence to convert text to visual, text to audio and text to text modes of free chat and plot tasks, enabling users to stay better connected with peers.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 30k LinkedIn followers — 18.2% of this cohort's audience
Founders & team
Investors
Alibaba Group, Tencent, Gaorong Capital, IDG Capital, miHoYo, Mingshi Investment Management
#12
Series A · China · founded 2023$13.8Mraised▾
Series A · China · founded 2023
AI infrastructure platform to accelerate Artificial General Intelligence. It provides a cloud platform that offers access to large language models. Features include generative AI stack, image generation, large language model inference, and production-ready cloud.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 393 LinkedIn followers
Activity: 8 product launches announced in 12 mo
Funding rounds
- Jun 2025Series A—
- Feb 2025Seed$13.8M
- Jul 2024Angel—
Founders & team
Investors
Zhipu, Shuimu Tsinghua Alumni Seed Fund, Glory Ventures, Qihoo 360 Technology, Huachuang Zhiye Investment, Puhua Capital
Tech stack
Alibaba Cloud CdnAnt DesignCloudflareCloudflare Browser InsightsCore-JsGeetest
Funding & investor landscape
$12.8Btotal disclosed funding
46companies funded
90disclosed rounds
2rounds last 90 days
Most active investors
Notable founders
Tang Xiao'ou
Co-Founder · SenseTime
Li Xu
Co-Founder & CEO · SenseTime
Zhou Xinyu
Co-Founder · Moonshot AI
Wu Yuxin
Co-Founder · Moonshot AI
Zheng Zhu
Co-Founder & Chief Scientist · Giga AI
Wang Bo
Founder & CEO · Beijing Qingwei Intelligent Technology
Li Juanzi
Co Founder · Zhipu
Tang Jie
Co Founder · Zhipu
Wang Xiaochuan
Founder · Baichuan
You Yang
Founder · Luchen Technology
Xiaoxin Qiu
Founder & CEO · Axera
Zheng Jinshan
Co-Founder · Iluvatar CoreX
Prism market signals · China · country-scoped Prism corpus, 3,775,227 docs
Market landscape — 10 sub-themes by coverage
Share of AI Infrastructure coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · China
How research on AI Chips & Accelerators is moving in China
A read on the academic research around AI Chips & Accelerators — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 340 China-affiliated papers.
research sentiment over time
201820222026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 58% → 62% across 2018–2026.
top research entities
- Peking University39
- Chinese Academy of Sciences33
- Beihang University26
- University of Chinese Academy of Sciences24
- Huazhong University of Science and Technology23
leading researchers
Piergiulio Mannocci · Matteo Farronato · Yi Li · Zongwei Wang · Guangyao Wang · Nicola Lepri · Artem Glukhov · Zhiting Lin
▲
Breakthroughs226 · 66%
▲ 0%→67% share
4 median citations85% since 2021mostly methods-led
Parallel computing research is surging — Chinese papers jumped from 1 to 40, alongside brand-new ANN and SRAM clusters emerging.
rising sub-themes (early→recent)
- Parallel computing1→40
- Computer architecture3→30
- Memristor1→19
- Computer hardware1→17
- Embedded system2→16
Newly emergingArtificial neural network 0→22 · Static random-access memory 0→15 · Resistive random-access memory 0→14
Landmark DLAU: A Scalable Deep Learning Accelerator Unit on FPGA · 298 cites
◆
Advancements72 · 21%
▲ 0%→20% share
2 median citations82% since 2021mostly methods-led
In-Memory Processing advancements are intensifying — rising to 7 papers alongside brand-new Computer architecture contributions reaching 10.
rising sub-themes (early→recent)
- Resistive random-access memory1→10
- Parallel computing2→7
- In-Memory Processing2→7
Newly emergingComputer architecture 0→10 · Artificial neural network 0→9 · Static random-access memory 0→7
Landmark Dual-Ferroelectric-Coupling-Engineered Two-Dimensional Transistors for Multifunctional In-Memory Computing · 101 cites
▼
Concerns27 · 8%
▲ 0%→8% share
2 median citations85% since 2021mostly reviews
Memristor research raises growing concerns — dominating the segment with 10 papers, now appearing as both rising and brand-new.
rising sub-themes (early→recent)
- Memristor10
- Resistive random-access memory6
- Computer architecture6
- In-Memory Processing5
- Von Neumann architecture4
Newly emergingMemristor 0→10 · Computer architecture 0→6 · In-Memory Processing 0→5
Landmark In-memory computing with emerging memory devices: Status and outlook · 118 cites
RESEARCH HOTSPOTS · China
Where ai accelerators is researched across China
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Beijing139 · +0.73
Shanghai30 · +0.65
Hangzhou26 · +0.66
Wuhan26 · +0.56
Nanjing25 · +0.54
Guangzhou/Shenzhen23 · +0.67
Hefei18 · +0.73
Harbin7 · +0.86
PATENT SIGNAL · China
Who's filing ai accelerators patents in China
China ai accelerators patent filing is accelerating — 36,806 filings from 5,843 assignees (2016–2025), led by Huawei TECH, Tencent TECH Shenzhen, Beijing Baidu Netcom SCI & TECH; annual filings 131→6126.
36,806 filings5,843 assigneespeak 6415/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Huawei TECH5652
- Tencent TECH Shenzhen2789
- Beijing Baidu Netcom SCI & TECH2144
- PING AN TECH Shenzhen1027
- BOE Technology Group690
- Intel674
- Guangdong OPPO Mobile Telecommun564
- Cambricon TECH554
Common questions
How many AI Infrastructure companies are there in China?
Radar tracks 121 indexable AI Infrastructure companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by AI Infrastructure companies in China?
The AI Infrastructure companies in China on this list have raised a combined $12.8B in disclosed equity funding across 46 funded companies.
Which is the highest-funded AI Infrastructure company in China?
SenseTime is the highest-funded AI Infrastructure company in China, with $2.8B in disclosed equity funding.
How many AI Infrastructure companies in China are funded?
46 of the 121 AI Infrastructure companies in China on this list have disclosed at least one equity funding round.
How many AI Infrastructure unicorns are there in China?
11 AI Infrastructure companies in China on this list are valued at $1B or more.
Who are the top investors in China AI Infrastructure companies?
The most active investors in China AI Infrastructure companies on this list include Tencent, Alibaba Group, China Internet Investment Fund, Zhen Fund, Qiming Venture Partners.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.