Red Bear AI, a provider of enterprise-level AI solutions, has recently declared the successful conclusion of its Series A financing round, raising RMB 210 million. This round was spearheaded by Huayu Venture Capital, with contributions from several institutions and the founding team. Established in April 2024, Red Bear AI sets itself apart with a distinctive technological methodology, striving to endow AI with 'episodic memory' abilities, while emphasizing full-modality technology. Post this financing round, Red Bear AI's valuation has soared beyond RMB 1.5 billion. The company is now actively engaged in talks for a Series A+ financing round, anticipated to conclude between July and August, potentially doubling its valuation to RMB 3 billion. The founder of Red Bear AI disclosed that the company intends to submit its prospectus to the Hong Kong Stock Exchange in either the second or third quarter of 2027 and officially commence its listing process in 2028. By utilizing 'memory science' technology to penetrate the enterprise market, Red Bear AI effectively tackles the challenges AI faces in managing long-sequence tasks. Its forthcoming growth will offer a significant case study for monitoring the evolution of domestic AI startups.