The new generation large model company Xihu Xincheng has completed a B+ round of financing, founded by Lan Zhenzhong, a doctoral advisor at Xihu University.

On August 3, the new generation large model company Xihuxinchen announced that it has recently completed a Series B+ financing round, with the financing amount reaching several hundred million yuan. The round was led by GF Xinde, and followed by several other institutions including Xihu Innovation Investment, Wuhan River Dolphin Fund, Rongyi Investment, and Nantong Investment Management, among others, with participation from the 58 Industry Fund and other industrial capital. Existing shareholders Ant Group and Tom Cat provided comprehensive support. The funds raised will mainly be used for the continued research and development of the next-generation diffusion language model, deep iteration of its native multimodal real-time interactive products, and further expansion into overseas markets.