HuoXing Finance reports that on July 21, AI multimodal model company Meshy announced the completion of a B-round financing of nearly $400 million, with a post-money valuation exceeding RMB 10 billion. The round was led by top-tier investment institutions and strategic investors including IDG Capital, Matrix Partners China, and Monolith Lishi Capital, with existing shareholders Granite Asia, Sequoia Capital China, BAI Capital, and Yuanma Capital participating as well. The proceeds will primarily be used for R&D of AI multimodal models and global market expansion. (Chuangtoujia CLUB)
AI company Meshy completes $400 million Series B financing
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Summary
On July 21, AI multi-modal model company Meshy announced it has raised $400 million in its Series B funding round, achieving a post-money valuation exceeding RMB 10 billion. Leading investors include IDG Capital, Matrix Partners China, and Monolith Capital, with existing backers such as Sequoia China and BAI Capital also participating. The funds will be directed toward AI model research and global expansion. Amid a bullish market, top altcoins are attracting renewed interest, as reflected by the rising Fear & Greed Index, signaling growing investor confidence.
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