LiblibAI, an AI image generation platform, announced today that it has closed another tens of millions in funding. As the lead investor in the previous round, INCE Capital continued to support the company in this round.
The company has completed four consecutive rounds of financing in just one year. Following the tens of millions of financing disclosed in July 2024, it has successfully secured tens of millions of new funding, which sets a record for the financing speed of the domestic AI application track in China. It also signifies the market's high recognition of the strategy of “reconstructing the AI native workflow”. This round of financing further consolidates LiblibAI's leading position in the field of AI image generation. At the critical point when generative AI enters the value verification period, LiblibAI has been recognized again for its innovative and diversified business models and steady user growth. This round of financing will focus on investing in creator ecological construction and technical research and development, accelerating the construction of creative infrastructure in the AI era, and further enhancing the platform's technical strength and user experience.
Stella Zhou, Founding Partner of INCE Capital, said, “As the largest professional image generation modeling community in China, LiblibAI has established a good reputation in the industry with its open data ecosystem and excellent core competitiveness. With the team's top technical R&D strength and community operation capability, the dual-core drive makes LiblibAI stand out in the fierce market competition. We have confidence in the future of LiblibAI, and believe that they can continue to play to their strengths, based on China's designer ecosystem, integrate global model supply chain resources, and empower more content creators with the power of AI.”
Founded in May 2023, LiblibAI is dedicated to the creation and sharing of AI content, with the goal of revolutionizing the original creation methods of designers, painters, and self-media creators, and becoming the new AI productivity in the creative content industry.Through the architecture of “open-source model ecology and modularized tool flow”, LiblibAI downgrades professional-level AI capabilities to mass creation scenarios. Through the structure of “open source model ecology + modularized tool flow”, LiblibAI has downgraded professional-level AI capabilities to mass creation scenarios. Up to now, its model/image creators have exceeded 20 million, maintaining millions of creation interactions on a daily basis, and its users have independently trained more than 500,000 original AI models and workflows, generating a total of more than 500 million images. LiblibAI has continued to move forward to the world's largest AI content creation and consumption platform. At the same time, the company has provided professional AI image scene solutions for B-end customers such as Wondershare, G-bits, Tmall Campus, Tsinghua University, etc., and built a complete ecosystem covering AI content creation, sharing, copyright, and sales. While continuing to deepen its cultivation, LiblibAI will continue to deepen its cooperation with creators and developers, push for continuous technological innovation, and will promote the platform's global expansion.
The latest two rounds of financing were led by INCE Capital and Shunwei Capital, with over-subscription from Future Capital and other old shareholders, and Giant Network acting as the industrial investor in this round. Foresight Capital continues to serve as the exclusive financial advisor.
