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Alibaba leads MiniMax's USD 600 million Series B round at an approximately USD 2.5 billion post-money valuation

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MiniMax, Xiyu Technology, completed USD 600 million in Series B funding in 2024/3, led by Alibaba at a post-money valuation of approximately USD 2.5 billion.

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  1. m.36kr.com ↗Published Mar 7, 2024
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

MiniMax(稀宇科技)2024年3月完成6亿美元B轮融资,阿里巴巴领投,投后估值约25亿美元。