BREAKING
MiniMax to Raise Up to $1.9B
0
M
new shares
0
HK$
per share
0
%
discount
Funding Milestones by Size
2024 round
600
Jul 2025
300
Jan 2026 IPO
619
Jul 2026
1900
Why Now: Lock-up Expiry
1
Jan 2026 IPO
↓
2
6-month lock-up ends
↓
3
Float jumps toward 50%
↓
4
Follow-on raise
Products and Backers
Products
●
Hailuo AI video
●
Talkie AI characters
●
M2/M3 and MoE models
Backers
●
Alibaba, Tencent
●
miHoYo
●
Shanghai state capital
Supply Pressure, Not Weakness
AI NEWS BLITZ
Chinese AI startup MiniMax is moving to raise up to one point nine billion dollars.