Fundraise

Shizi Hede raises $11M Series A for AGI model training

What's the deal? Shizi Hede (Hangzhou) Network TechnologyDealroom has a profile for this one. Try Dealroom → has closed a Series A round of US$10.3M. The Chinese software and IT services firm announced the raise in September 2026.

What does it do? Shizi Hede builds software across internet data services, network and information security, and blockchain-related tools. It also runs licensed internet and pharmaceutical information services and operates a supercomputing platform aimed at small businesses, entrepreneurs, and rural merchants.

What's the money for? The company will direct the funds toward training and iterating its AGI V2.0 model and building a distributed multimodal interface for model training. It also plans to expand its "Shizi Bobo" product globally.

What's the endgame? Shizi Hede wants to strengthen its position in automated trading models and general-purpose service training ports built on distributed interfaces. The stated goal is full coverage across the global internet market.

The signal: The raise reflects continued investor appetite for Chinese startups pursuing large-scale AI model development, even as the field grows crowded and capital-intensive.

Read more: itjuzi.com

Image credit: U.S. Army Combat Capabilities Development Command

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