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On November 26th, news emerged that Kaiwuji, a burgeoning player in the AI4Materials sector, has officially declared the successful closure of its angel round funding, which surpassed the hundred-million-yuan mark. This funding round was co-led by two prominent investment firms, IDG Capital and BlueRun Ventures. It also saw the participation of BV Baidu Ventures, L2F Lightspeed Venture Partners, and Hillhouse Ventures. Lightspeed Capital played a pivotal role as the exclusive financial advisor for this transaction. The capital raised will be strategically allocated to expedite the expansion of its models, enhance laboratory facilities, bolster the underlying platform infrastructure, and establish a solid groundwork for the incubation of material intellectual property (IP).
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