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MiniMax

🔥 HOT
Updated Mar 24, 2026

How MiniMax stacks up in Foundation Models — funding data, key investors, and more.

🇨🇳ChinaPublicFoundation Models

Out of 100

🇨🇳

HQ

China

🗓

Founded

2021

💰

Raised

$900M

🏷️

Stage

Public

👥

Team

400

MiniMax is a Chinese foundation model company founded in 2021 that develops large language models and multimodal AI systems. The company has achieved a $4.0 billion valuation with $900 million in total funding, positioning it among China's significant AI players. MiniMax focuses on creating efficient language models optimized for both English and Chinese languages, with particular emphasis on

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Key Facts

  • MiniMax is valued at $4B as of March 2026.
  • MiniMax has raised a total of $900M in disclosed funding across 4 funding rounds.
  • MiniMax was founded in 2021 by Yan Junjie and is headquartered in China.
  • MiniMax employs approximately 400 people.
  • MiniMax operates in the Foundation Models category and is currently at the Public stage.
  • MiniMax has an Awaira Score of 73/100, ranking it among the tracked AI companies on Awaira.
  • MiniMax's most recent funding round was a Series D of $200M closed in October 2023.

Source: Awaira · Updated Mar 24, 2026

$4B

Post-money

$900M

All rounds

73/100

2021

400 employees

Strengths

Unicorn status with $4B valuation

Strong Awaira Score of 73/100

Growing team of 400 employees

Analysis based on publicly available data. Not investment advice.

4

Total Rounds

$93.25M

Avg Round Size

2.1yr

Funding Span

MiniMax raised 4 rounds over 2.1 years, averaging $93.25M per round — a pace of roughly one round every 6 months.

⚠️ ESTIMATE
💵Est. Annual Revenue
$50M–$500M estimated ARR

Awaira estimate based on public data. Not financial advice.

How does MiniMax stack up against competitors?

MetricMiniMaxOpenAIAnthropicDeepSeek
Awaira Score73/10098/10095/10092/100
Total Raised$900M$127B$67B$1.1B
Valuation$4B$852B$380BN/A
StagePublicPrivateSeries GCorporate
Founded2021201520212023
Employees4004,0003,000150
Country🇨🇳🇺🇸🇺🇸🇨🇳
Y

Yan Junjie

Founder & CEO

View founder profile →
StagePublic
Employees400
Country🇨🇳 China
Connect
Inactive
4 rounds
Series DLatest

Saudi PIF, Alibaba

$200M

Oct 2023

Series C

Led by Saudi PIF

$120M

Nov 2022

Series B

Glade Brook Capital, DariusCapital

$45M

Jun 2022

Series A

Vertex Ventures, Fairrice Venture Capital

$8M

Sep 2021

Frequently Asked Questions

What is MiniMax's valuation?
The current market valuation is approximately $4B, based on publicly available funding data.
Who invested in MiniMax?
On the cap table: Saudi PIF, Alibaba, Glade Brook Capital, DariusCapital, Vertex Ventures, Fairrice Venture Capital. Their combined backing has helped fund operations and expansion.
When did MiniMax last raise funding?
Last raise: a Series D of $200M in October 2023.
How many employees does MiniMax have?
The team is roughly 400 people, headquartered in China.
What does MiniMax do?
MiniMax is a Chinese foundation model company founded in 2021 that develops large language models and multimodal AI systems. The company has achieved a $4. The company operates in the Foundation Models sector from China.
Who founded MiniMax?
Yan Junjie founded the company in 2021 in China. Yan Junjie serves as Founder & CEO.
Is MiniMax profitable?
Whether the company is profitable hasn't been confirmed publicly. It has raised $900M in total funding and is classified at the Public stage.
Where is MiniMax headquartered?
Home base is China 🇨🇳. The Foundation Models company was founded in 2021 and operates from there.
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