How much funding has MiniMax raised?

MiniMax has raised $1.2B in total funding, most recently a Venture Round.

Who are MiniMax's investors?

MiniMax's investors include Alibaba Group, Hillhouse Capital, Abu Dhabi Investment Authority, Mirae Asset Securities, Tencent, Yunqi Partners.

Where is MiniMax headquartered?

MiniMax is headquartered in Shanghai, China.

What industry is MiniMax in?

MiniMax operates in Artificial Intelligence.

MiniMax

IPO

与所有人共创智能

Shanghai, China · Founded 2022 · $1.2B raised

Artificial Intelligence

Headquarters: Shanghai
Founded: 2022
Business Model: B2B2C
Website: minimaxi.com

Total Funding: $1.2B
Last Round: $300.0M Venture RoundJul 2024
Rounds: 4

About

MiniMax is a Shanghai-based general artificial intelligence company founded in early 2022, operating with the mission to 'co-create intelligence with everyone.' The company has independently developed a series of frontier multimodal large models — including MiniMax M3 (language/coding/agentic), Hailuo (video generation), and Speech/Music models — featuring strong code and agent capabilities and ultra-long context handling up to 1M tokens. Based on these models, MiniMax offers AI-native consumer products including MiniMax Code, Hailuo Video, and the Xingyue companion app, alongside an open platform for enterprise customers and developers. As of 2026, its models and applications have served over 300 million individual users across 200+ countries and more than 1 million enterprise clients and developers across 100+ countries.

Summary

MiniMax is an Artificial Intelligence company based in Shanghai, China, founded in 2022. It has raised $1.2B in total across 4 rounds, most recently a $300.0M Venture Round round in Jul 2024. Investors include Alibaba Group, Hillhouse Capital and Abu Dhabi Investment Authority.