Moxing raises $150M as valuation doubles to $1.5B in a month
What's the deal? Chinese 4D world model startup Moxing TechnologyDealroom has a profile for this one. Try Dealroom → is closing a roughly US$137.5M late-stage round, lifting its valuation to nearly US$1.38B. That is more than double the US$550M valuation from its previous round, which closed just a month earlier.
Who's backing it? Investors include Hubble Technology Investment, Legend HoldingsDealroom has a profile for this one. Try Dealroom →, Shenzhen Capital Group, and Zhejiang Venture CapitalDealroom has a profile for this one. Try Dealroom →. The Hangzhou-based company groups its backers into four buckets: domestic computing power and semiconductors, smart terminals and content, advanced manufacturing and energy, and state-backed plus market-driven funds.
Why now? The round caps a striking run of five raises in nine months. Its size matches the combined total of the previous four rounds, and the valuation has jumped from US$115.5M in March.
Who's behind it? Founder and chief executive officer Chen Tianrun is a Gen-Z PhD candidate at Zhejiang University, studying under Chinese Academy of Engineering academician Pan Yunhe. A Zhejiang University alumnus like DeepSeek founder Liang Wenfeng, he is seen as a face of the university's new generation of entrepreneurs.
What's the endgame? In July 2026, Moxing launched MoWorld 4D with Huawei CloudDealroom has a profile for this one. Try Dealroom →, running fully on Ascend NPUs. It delivers up to 50 FPS real-time inference at roughly 30% of the cost of equivalent imported GPU solutions.
What could go wrong? Technology paths in the world model race remain unsettled. Commercialization still faces gaps in China's domestic computing software toolchain and uncertain willingness to pay in industrial scenarios.
The signal: The global world model race has entered a practical phase, and Moxing's rapid ascent shows how quickly Chinese industrial capital — from chipmakers to state funds — is moving to back home-grown AI infrastructure that runs on domestic hardware.
Read more: finance.biggo.com
Image credit: Generated with Gemini
