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Aibee raised $100 million in a funding round led by Xiaomi, boosting its valuation beyond $1 billion and elevating it to unicorn status.

Jul 19, 20253 days ago

Amount Raised

$100 Million

Nanshan DistrictNatural Language ProcessingMachine LearningArtificial Intelligence

Investors

China Merchants Capital Management Co.Xiaomi Corp

Description

Aibee, a Chinese AI startup, closed a $100 million funding round, leading to a valuation of over $1 billion. Xiaomi Corp spearheaded this round, with support from China Merchants Capital Management Co. The funding is expected to support Aibee's growth and potential IPO plans. Aibee specializes in AI technologies such as speech recognition and computer vision.

Company Information

Company

Aibee

Location

Nanshan District, Guangdong Province, China

About

Aibee is a Chinese artificial intelligence startup that specializes in developing speech recognition, computer vision, natural language processing, and Big Data analysis. It has secured significant funding and has aspirations for an initial public offering. The company collaborates with major entities like Xiaomi and has partnerships with Chinese airports. Aibee operates in multiple locations including Beijing, Shanghai, Guangzhou, Seattle, and Palo Alto.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
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