Beijing Wallface Intelligent Technology Co., Ltd. recently announced the completion of a new round of financing amounting to hundreds of millions of RMB. This round was co-led by Loongson Venture Capital, Dinghui Baifu, Zhongguancun Science City Fund, and Sequoia Capital, with the Beijing Artificial Intelligence Industry Investment Fund and Qiming Venture Partners participating as co-investors. Wan Jia Capital acted as the exclusive financial advisor. Wallface Intelligent plans to use this funding to accelerate the commercialization of AI large models on the edge, aiming to provide high-performance, low-energy consumption, and faster large model services that create tangible and perceptible value for users across various industries.
Wallface Intelligent is known as a large model company that prioritizes "efficiency as the first principle." Its edge-side model, MiniCPM, has gained attention for its high efficiency and low-cost performance advantages. This model not only leads in multiple benchmark tests but also integrates features such as unlimited long text processing, ultra-clear OCR recognition, and real-time video understanding for the first time on the edge, setting multiple records. Since its release, the MiniCPM series has surpassed 3 million downloads, becoming a star project in the global open-source community.
In terms of edge intelligence, Wallface Intelligent integrates edge AI into mainstream consumer electronics and emerging hardware, while also laying out a future paradigm of edge-cloud collaboration, forming strategic partnerships with Huawei Cloud, Baidu Smart Cloud, and others. The company closely collaborates with industry leaders such as Huawei, MediaTek, Lenovo, Intel, Great Wall Motors, and Yilai Technology, covering fields like AI Phones, AI PCs, smart cockpits, smart homes, and embodied robots, bringing high-performance edge AI into households and various industries.
Li Dahai, CEO of Wallface Intelligent, expressed gratitude for the trust and support from various investment institutions. The competition in large models is entering a real contest phase, shifting from rapid advancement to a prolonged battle. Wallface Intelligent has carved out its unique path amidst the profound changes and global wave of technology surrounding large models, maintaining outstanding competitiveness. In the future landscape of large models, Wallface is building its own place.