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AI enterprise Clipto.AI has recently declared the successful culmination of its Pre-A++ funding phase, achieving a post-investment valuation surpassing $250 million. This financing round was jointly spearheaded by Silicon Valley-based investment firms EnvisionX Capital and Palm Drive Capital. Notably, the round also saw sustained involvement from current stakeholders, including HSG (Sequoia China), GL Ventures, as well as investors Hans Tung, Lu Zhang, and 522 Ventures, among other participants. The capital procured in this funding cycle will be predominantly allocated towards research and development endeavors focused on on-device multimodal AI models and system infrastructure. This strategic move aims to expedite the continual refinement and enhancement of AI assistant offerings.
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