# Haivivi raises CNY 200 million Series A, product sales exceed 200 thousand units

On 2025/8/25, Sina Finance reported that AI toy company Haivivi had raised CNY 200 million in Series A funding co-led by a fund under CICC Capital, HongShan, Huashan Capital and Joy Capital, with CMB International and others participating. Founded by Li Yong, it had licensed well-known IP including Ultraman, Peppa Pig and Nailong, with cumulative product sales exceeding 200 thousand units.



Canonical: https://uniquebase.ai/news/ded28d27-6433-4786-ac9c-6c806a1e5a83
Stable identifier: ded28d27-6433-4786-ac9c-6c806a1e5a83
Snapshot captured: 2026-10-15T14:23:27.067Z
English updated: 2026-10-16T00:11:37.226Z

## Connected profiles

- [BubblePal](/companies/bubblepal)
- [Hongshan China](/institutions/hongshan-china)
- [Huashan Capital](/institutions/huashan-capital)
- [Yuyue Capital](/institutions/yuyue-capital)
- [Zhongjin Capital](/institutions/zhongjin-capital)

## Sources

- https://finance.sina.com.cn/stock/vcpe/2025-08-25/doc-infnefti4002747.shtml?cre=tianyi&loc=33&mod=pchp&r=0&rfunc=12&tj=cxvertical_pc_hp&tr=12