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Approaching.AI Raises More Than RMB 1.3 Billion in Series B Funding

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Approaching.AI completed a Series B funding round of more than RMB 1.3 billion, bringing its total funding this year to RMB 2.4 billion, according to Leifeng.com. The new funds will support capacity expansion, upgrades to its ATaaS platform, research and development, and commercial delivery. The company said its daily output of high-quality AI tokens increased more than 100 times in six months to over one trillion. It also said revenue this year reached nearly ten times last year’s full-year figure.

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10/26
  1. Approaching.AI Raises RMB 1.3 Billion in Series B Funding

    Approaching.AI completed a Series B round of more than RMB 1.3 billion, bringing its total funding this year to RMB 2.4 billion, according to Leifeng.com. The company said several core operating metrics grew more than tenfold in six months; its daily output of high-quality AI Tokens rose more than 100 times to over one trillion, and revenue this year reached nearly ten times last year’s full-year figure. The new funds will support capacity expansion, upgrades to its ATaaS platform, R&D, and commercial delivery.

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