Another significant financing event has occurred in the domestic AI application sector! The AI content creation platform LiblibAI has officially announced today that it has remarkably completed four rounds of financing within just one year, setting an unprecedented record for financing speed in the domestic AI application field. Following the disclosure of hundreds of millions in financing in July 2024, LiblibAI has successfully secured another substantial amount of funding, demonstrating strong momentum and attracting significant attention from the industry.
It is reported that LiblibAI's latest two rounds of financing were co-led by Yongce Capital and Shunwei Capital, with existing shareholders such as Mingshi Venture Capital participating significantly. The internet giant Giant Network has entered the scene as an industrial investor, and Yuanshi Capital continues to serve as the exclusive financial advisor. Such intensive capital injection and support from leading institutions undoubtedly further solidify LiblibAI's leading position in the industry.
LiblibAI has revealed that this round of financing will focus on two core areas: the construction of the creator ecosystem and technological research and development. The aim is to accelerate the establishment of creative infrastructure for the AI era and continuously enhance the platform's technical capabilities and user experience. At a critical juncture where generative AI technology is entering a period of value verification, LiblibAI has once again gained high market recognition due to its innovative and diversified commercialization model and robust user growth. This financing not only refreshes the record for financing speed in the domestic AI application sector but also strongly validates the capital market's high expectations for LiblibAI's commitment to an "AI-native workflow" strategy.
20 million creators driving 500 million content assets, LiblibAI builds a new ecosystem for AI creation
Founded in May 2023, LiblibAI has always been committed to promoting the creation and sharing of AI content. Its grand goal is to completely disrupt the traditional creation models of designers, illustrators, and self-media creators, becoming the new productive force in the content creativity industry powered by AI. To achieve this vision, LiblibAI has innovatively built an "open model ecosystem + modular tool flow" architecture, skillfully "downgrading" professional AI capabilities to mainstream creation scenarios, allowing a broader user base to easily harness AI technology and unleash their creative potential.
As of now, the number of model/image creators on the LiblibAI platform has surpassed an astonishing 20 million, maintaining millions of creative interactions daily. The number of original AI models and workflows independently trained by users exceeds 500,000, and the platform has generated over 500 million images in total. LiblibAI is steadily moving towards its goal of becoming the world's largest AI content creation and consumption platform. Meanwhile, LiblibAI is actively expanding its B2B commercial partnerships, providing professional AI image scene solutions to numerous well-known enterprises and institutions, including Wansheng Technology, Gigabit Games, Tmall Campus, and Tsinghua University, successfully building a complete ecosystem covering AI content creation, sharing, copyright, and sales.
Investors are rallying to support, optimistic about LiblibAI leading a new wave of AI image generation
Regarding this round of financing, Mr. Cheng Tian, a partner at Shunwei Capital, stated: “Text-to-image technology is an important application in the current AI technological revolution and has tremendous development potential, with the potential to extend to broader fields such as text-to-video in the future. As AI generation capabilities continue to improve, the demand for precise control of image generation from professional users is also growing, which will further drive the rapid development of the text-to-image sector. As a leading image model community in China, LiblibAI has deepened its expertise in the image model field and, with precise market positioning and professional operations, has accumulated a large user base and significant commercialization results in just one year, successfully achieving a bilateral effect and steady growth. We look forward to seeing LiblibAI, under the leadership of its founding team, continue to refine its core technology and lead market innovation.”
Ms. Zhou Lingfei, founding partner of Yongce Capital, also highly praised LiblibAI: “LiblibAI is the largest professional image generation model community in China. With its open data ecosystem and outstanding core competitiveness, it has established a good reputation in the industry. The LiblibAI team possesses top-notch technical R&D capabilities and excellent community operation skills. This ‘dual-core driving’ model has enabled LiblibAI to stand out in fierce market competition. We are confident in LiblibAI's future development and believe they can continue to leverage their strengths, integrate global model supply chain resources, and empower more content creators with AI capabilities.”
Mr. Xia Ling, a partner at Mingshi Venture Capital, stated: “As an early investor in LiblibAI, Mingshi Venture Capital continues to be optimistic and firmly supports LiblibAI to become a leading enterprise in the global AI image generation field. Since its establishment, LiblibAI has demonstrated extreme iteration speed, accurately grasping the core needs of the professional design community during this wave of rapid AI technological change, successfully merging the open model ecosystem with the toolchain, and constructing a new paradigm of creation for the AI era. We firmly believe that this Chinese team, adept in product realization and global supply chain integration, will achieve significant breakthroughs in the global market.”
Mr. Zhu Xiaohu, managing partner of Jinsha River Capital, expressed: “As one of the earliest investors in LiblibAI, I have witnessed the company's steady layout and rapid development in the field of AI image generation. Over the past year, LiblibAI has shown significant strategic composure in fierce market competition, not blindly chasing short-term trends but consistently focusing on user value, continuously promoting product iteration and technological innovation, allowing LiblibAI to maintain steady user and commercialization growth amid market fluctuations.”
Mr. Ma Xiaoyu, managing director of Gaorong Capital, stated: “Gaorong Capital has accompanied LiblibAI since its angel round, witnessing the company continuously expand the boundaries of generative AI and its international footprint. Whether it's the relentless investment in the creator ecosystem, the self-developed innovation of workflow + model, or the steady and steady commercialization, LiblibAI has maintained its original intention and acted in accordance with its words. We believe that the innovative team in China can also lead the industry's technological innovation and cultivate world-class diverse aesthetics, empowering creators to achieve more impactful creativity faster and better.”
Mr. Li Lulin, vice president of Source Code Capital, stated: “The LiblibAI team uses ‘first principles’ as a sharp tool to carve out a path of innovation amid the AI wave—its keen insight rooted in the community and the agility coupled with model iteration align closely with Source Code Capital's philosophy of ‘infinite inward, infinite outward.’ We look forward to continuing to work with LiblibAI to drive the development of the AI creation industry!”
Mr. Shi Feng, vice president of Giant Network, stated: “LiblibAI has established the largest Lora creator community ecosystem in China within the AI graphics creation sector. Giant Network looks forward to establishing closer cooperation with the LiblibAI community to jointly create an innovative track for AI graphics and interactive content applications.”
Top AI teams continue to expand, LiblibAI invites you to embark on a new future in the AI creative industry
While continuing to delve into the field of AI content creation, LiblibAI will further deepen cooperation with creators and developers, continuously drive technological innovation, and actively promote the platform's expansion on a global scale. As a technology company dedicated to empowering creation, LiblibAI is recruiting more aspiring individuals globally to join its team and witness the brilliant future of the creative industry in the AI era.
