LiblibAI Secures New Funding Round Led by INCE Capital and Shunwei Capital
On February 24, LiblibAI, a Chinese AI content creation platform, announced it had completed four funding rounds within a year, setting a new record in China’s AI application sector.
Following a multi-hundred-million yuan funding round disclosed in July 2024, the company has raised additional hundreds of millions of yuan in its latest rounds, led by INCE Capital and Shunwei Capital, with continued support from existing investors such as Future Capital. Giant Network Group joined as an industrial investor, while Foresight Capital served as the exclusive financial advisor.
The new funds will focus on expanding LiblibAI’s creator ecosystem, advancing technology, and improving user experience. The platform, founded in May 2023, aims to simplify professional-grade AI tools for designers, illustrators, and content creators. It has attracted over 20 million users, with more than 500,000 user-trained AI models and workflows, and has generated over 500 million images.
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LiblibAI also provides AI image solutions for enterprise clients, including Kingsoft Office, Wondershare Technology, and Tsinghua University. Its ecosystem covers AI content creation, sharing, copyright management, and sales, supporting its commercialization efforts.
Despite its success, the generative AI sector faces challenges, including optimizing user experience, ensuring data security, and expanding application scenarios. LiblibAI’s ability to address these issues will be critical as it continues to grow.
