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New shareholders of MiniMax exposed: "Shanghai state-owned assets" added, and a new financing of nearly $300 million is basically completed.

2025-07-15 07:08
It was learned from an insider that MiniMax, a large model company, has recently basically completed a new round of financing of nearly $300 million. After this round of financing, the company's valuation exceeds $4 billion (approximately 30 billion yuan). The investors in this round of financing include listed companies, cross - funds, and the large state - owned asset platform, Shanghai State - owned Assets. According to the insider, this round of financing started half a year ago and has now been basically finalized. (Sina Technology)