Zhipu AI

Private

Beijing-based foundation model lab. Trains ChatGLM (open) and GLM-5 (closed) frontier foundation models. Largest China closed-source lab by API volume, powering Wanzhi consumer app and enterprise deployments at 4,000+ Chinese customers. Filed for Hong Kong IPO Q3 2026. Founded 2019 spun out of Tsinghua University.

Founders Tang Jie, Zhang Peng
CEO Tang Jie

Company

Founded
2019
Headquarters
Beijing, China

Financials

Total Funding
$1.7B
Sectors
Artificial Intelligence SaaS Cloud Computing
www.zhipuai.cn

Funding History

5 rounds
Series G Jul 26, 2026
$500M
PIF (Lead) Prosperity7 Ventures Alibaba Cloud Tencent Holdings Meituan HongShan (Sequoia China) Baillie Gifford T. Rowe Price
Series F May 16, 2025
$400M
Prosperity7 Ventures (Lead) Alibaba Cloud Tencent Holdings Meituan HongShan (Sequoia China) PIF
Series E Jun 5, 2024
$400M
Prosperity7 Ventures (Lead) Alibaba Cloud Tencent Holdings Meituan HongShan (Sequoia China) Ant Group
Series D Oct 24, 2023
$340M
Alibaba Cloud (Lead) Tencent Holdings Meituan HongShan (Sequoia China) Legend Capital Ant Group
Series C Sep 14, 2022
$100M
Meituan (Lead) HongShan (Sequoia China) Legend Capital

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.