MiniMax
MiniMax (0100.HK) is a publicly traded China AI Labs company founded in 2022 and based in Shanghai, China.
MiniMax (legally MiniMax Group Inc., incorporated in the Cayman Islands and headquartered in Shanghai) is a Chinese foundation-model company founded in early 2022 by former SenseTime executive Yan Junjie alongside Yang Bin and Zhou Yucong. It develops the ABAB large-language-model series and the Hailuo line of AI video and audio generation products. The company listed on the Hong Kong Stock Exchange in January 2026 and counts miHoYo, Alibaba, Tencent, Hillhouse, HongShan and IDG Capital among its investors.
MiniMax raised about $620M in its January 2026 Hong Kong IPO and more than doubled on debut, joining Zhipu among the first Chinese large-model companies to go public.
At a glance
Total raised
$620M
Headcount
201-500
Headquarters
Shanghai
ChinaFounded
2022
Status
Public
Subsector
Funding history
Total raised
$620M
Rounds tracked
1
Latest stage
IPO
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Jan 9, 2026 | IPO | $620M | — | — |
