"ModelBest" Secures New Financing Round Tallying Hundreds of Millions of Yuan
2 day ago / Read about 0 minute
Author:小编   

On April 7th, ModelBest successfully concluded a substantial new financing round, amassing hundreds of millions of yuan. This round was co-led by Shenzhen Capital Group and Inovance Industrial Investment, and also saw the participation of several other esteemed institutions. Earlier in the same year, ModelBest had already completed a financing round spearheaded by China Telecom. With these successive rounds, the cumulative financing scale for ModelBest in the first quarter is projected to surpass the 1 billion yuan mark. Post-financing, ModelBest has firmly established itself among the elite group of unicorn companies specializing in foundational large models.