Liblib Completes $300 Million B+ Round, Valuation Exceeds $2 Billion, ARR Surpasses $300 Million
Chinese AI application company Yanyu Technology (Liblib) has completed a $300 million B+ round, with a post-money valuation exceeding $2 billion. The round was led by Granite Asia, Tencent, and Shunwei Capital, with participation from existing investors such as Gao Rong and Ant Group. Within 8 months, the company secured over $500 million in combined funding, with capital backing almost encompassing all top-tier domestic tech institutions. As of May 2026, the company's ARR has surpassed $300 million, demonstrating strong commercialization capabilities.
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