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Raised RMB 2 billion in 10 months, and another AI unicorn emerged—Shanghai state-owned capital invested.

January 9, 2017 | 智东西
Raised RMB 2 billion in 10 months, and another AI unicorn emerged—Shanghai state-owned capital invested.
Zhidx (WeChat official account: zhidxcom) Author | Yang Jingli Editor | Li Shuiqing Zhidx reported on November 5 that today, Sand.ai (Sandai Technology), a Shanghai-based video generation foundation model startup, announced the completion of US$200 million (approximately RMB 1.334 billion) in a Series A+ funding round. This was the third funding round the company completed in 2026, bringing its cumulative fundraising over 10 months to US$300 million (appro