The domestic AI application field has recently received a major news. AI content creation platform LiblibAI (LiblibAI) announced that it has completed four rounds of financing in just one year, setting an unprecedented record of financing speed in this field. Following the hundreds of millions of yuan in financing disclosed in July 2024, LiblibAI once again received hundreds of millions of yuan in funds, showing strong development momentum and aroused widespread attention from the industry.
It is understood that LiblibAI's latest two rounds of financing were jointly led by Dongce Capital and Shunwei Capital, and old shareholders such as Mingshi Venture Capital exceeded the investment. Internet giant Giant Network also entered the market as an industry investor, and Yuanshi Capital continues to serve as an exclusive financial advisor. Such intensive capital injection and strong support from leading institutions have further consolidated LiblibAI's leading position in the industry.
LiblibAI said that this round of financing funds will focus on two core areas: creator ecological construction and technology research and development, aiming to accelerate the construction of creative infrastructure in the AI era and continuously improve the platform's technical strength and user experience. At the critical node of the value verification period for generative AI technology, LiblibAI has once again gained high recognition from the market with its innovative and diversified commercialization model and stable user growth trend. This financing not only set a record for financing speed in the domestic AI application track, but also confirmed the capital market's optimism about the "AI native workflow" strategy adhered to by LiblibAI.
Since its establishment in May 2023, LiblibAI has always been committed to promoting the creation and sharing of AI content. The goal is to subvert the creative model of traditional content practitioners such as designers, artists, self-media creators, and become the new AI productivity engine for the content creative industry. To realize this vision, LiblibAI innovatively built the "open source model ecosystem + modular tool flow" architecture, "reducing dimensionality" of professional-level AI capabilities to mass creation scenarios, allowing a wider user group to easily control AI technology and unleash creative potential.
Up to now, the number of model/image creators on the LiblibAI platform has exceeded 20 million, with an average of millions of creative interactions per day. There are more than 500,000 original AI models and workflows trained by users independently, and the cumulative number of images generated by the platform has exceeded 500,000. LiblibAI is steadily moving towards the world's largest AI content creation and consumption platform. At the same time, LiblibAI is also actively expanding B-end business cooperation and has provided professional AI image scene solutions to many well-known companies and institutions such as Wanxing Technology, Jibit Games, Tmall Campus, Tsinghua University, and successfully built a complete ecological chain covering AI content creation, sharing, copyright and sales.
Regarding this round of financing, Cheng Tian, partner of the leading investor Shunwei Capital, said: "Wensheng Picture Technology is an important application in the current AI technology transformation and has huge development potential. It is expected to extend to a wider range of fields such as Wensheng Video in the future. With the continuous improvement of AI generation capabilities, professional users' demand for precise control of image generation is also growing, which will further promote the rapid development of the Wensheng Picture Track. As a leading image model community in China, LiblibAI has accumulated a huge user group and significant commercialization results in just one year with its accurate market positioning and professional operations, and has successfully achieved bilateral effects and steady growth."
Zhou Lingfei, founding partner of Dongce Capital, also highly praised LiblibAI: "LiblibAI is the largest professional image generation model community in China. With its open data ecosystem and excellent core competitiveness, it has established a good reputation in the industry. The LiblibAI team has top technical R&D capabilities and excellent community operation capabilities. This 'dual-core driver' model makes LiblibAI stand out in the fierce market competition."
Xia Ling, partner of Mingshi Venture Capital, said: "As an early investor of LiblibAI, we continue to be optimistic and firmly support LiblibAI to become a global leader in the field of AI image generation. Since its establishment, LiblibAI has shown its ultimate iteration speed. In this round of rapid transformation of AI technology, it has always accurately grasped the core needs of professional design groups, deeply integrated the open source model ecosystem with tool chains, and successfully built a new creative paradigm in the AI era."
Zhu Xiaohu, managing partner of Jinshajiang Venture Capital, said: "As the earliest investor of LiblibAI, we have personally witnessed the steady layout and rapid development of LiblibAI in the field of AI image generation. In the past year, LiblibAI has shown significant strategic determination in the fierce market competition. It does not blindly pursue short-term trends, but always takes user value as the core and continues to promote product iteration and technological innovation."
Ma Xiaoyu, managing director of Gaorong Venture Capital, said: "Starting from the angel wheel, we have accompanied LiblibAI to expand the boundaries and international map of generative AI. Whether it is investment in the creator ecosystem, self-developed innovation of workflow+model, and steady commercialization, LiblibAI has maintained its original intention and united knowledge and action."
Li Lulin, vice president of Source Code Capital Investment, said: "The LiblibAI team takes the 'first principle' as the sharp blade and opens up a new path in the AI wave. Its rooted in the community's insights and the agility of coupled model iterations are highly consistent with the 'infinite inward and infinite outward' concept of Source Code Capital."
Shi Feng, vice president of Giant Network, said: "LiblibAI has established the largest Lora creator community ecosystem in China in the AI graphics creation track. We are very looking forward to establishing closer cooperation with the LiblibAI community to jointly create an innovative track for AI graphics and interactive content applications."