ModelBest has accomplished a brand new funding spherical price a number of hundred million RMB (USD tens of tens of millions), co-led by Shenzhen Capital Group and Inovance Capital, with participation from a number of institutional buyers.
Earlier this 12 months, the corporate additionally closed a spherical led by China Telecom, bringing its complete fundraising in Q1 2026 to over RMB 1 billion (USD 140 million). With three rounds accomplished over the previous 12 months, ModelBest has now entered the ranks of China’s basis mannequin unicorns.
Its open-source MiniCPM mannequin household has surpassed 24 million cumulative downloads throughout platforms resembling GitHub and Hugging Face. The lineup spans LLMs, multimodal fashions, full-modality fashions, and speech fashions, making ModelBest the one Chinese language participant moreover Alibaba to supply a complete on-device mannequin stack.
MiniCPM has already been deployed throughout automotive, smartphones, AI PCs, and good dwelling units, with manufacturing integration in fashions resembling Changan Mazda EZ-60 and Geely Galaxy M9.
The corporate not too long ago launched MiniCPM-o 4.5, described because the trade’s first full-duplex, full-modality mannequin. On the 2026 Zhongguancun Discussion board, it additionally demonstrated MiniCPM-V 4.5 working on an embodied AI robotic, able to capturing movement at 10 FPS with out cloud reliance. {Hardware} merchandise together with the Songguo growth board and EdgeClaw Field are anticipated to launch in mid-2026.
Supply：IPOzaozhidao
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