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MiniMax
MiniMax is a general AI technology company that develops multimodal foundation models and AI-native products including text, video, speech, and music generation tools.
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MiniMax at a glance
MiniMax is an artificial intelligence company headquartered in China. It has raised at least $850M across the 3 funding rounds on record, 1 of them with a disclosed amount. Its most recent funding round raised $850M in July 2025.
MiniMax funding rounds
At least $850M raised across the 3 rounds on record (1 with a disclosed amount). Every round on record:
| Date | Round | Amount | Investors |
|---|---|---|---|
| — | $850M | 7 named | |
| Series A | Undisclosed | 10 named | |
| Series B Extension | Undisclosed | 10 named |
Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →
Investors
MiniMax competitors
A few of MiniMax's closest competitors — see the full list of competitors and alternatives →
ElevenLabs provides an AI-powered voice and audio platform that offers text-to-speech generation, voice cloning, dubbing, music composition, and sound effects for creators and enterprises. Additionally, the company offers conversational AI voice agents for customer experience applications across multiple channels.
Decart is an AI research lab developing real-time generative AI models and infrastructure for interactive experiences, particularly in video and gaming. The company focuses on efficiency and low-latency performance, with applications in consumer and enterprise products.
HiDream.ai is a general large model developer headquartered in Beijing, China, that focuses on developing advanced generative artificial intelligence.
Miso Labs develops emotive foundation models and real-time text-to-speech technology for voice agents. The company offers ultra-low latency voice responses, one-shot voice cloning, and open-source models designed for local, on-premises deployment to serve enterprise teams and developers.
ModelBest Inc. is a Chinese artificial intelligence technology company headquartered in the Haidian District of Beijing. Incubated by the Natural Language Processing Laboratory at Tsinghua University, the company specializes in the development of general-purpose artificial intelligence, large language models, and multi-modal AI technologies. The company is best known for its open-source "MiniCPM" model series.
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More on MiniMax in Xcout Intel
- 3 funding rounds with the investors in each, and who they co-invest with
- The full competitor set, tracking, exports and API access