# Z.ai funding rounds and investors

As of 13 Oct 2026, Z.ai has raised $618.0M across 3 verified rounds on record (amounts in other currencies converted to USD); latest: 500 million yuan ($69.04 million) funding round, announced 13 Mar 2025.

The company sells AI-driven creative tools and resources, allowing users to build various digital products such as games and educational materials.

Website: https://z.ai  
Headquarters: Beijing  
Page: https://fireround.dev/companies/z.ai

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2025-03-13 | Funding round | 500 million yuan ($69.04 million) | not stated | Huafa Group | [reuters.com](https://www.reuters.com/technology/artificial-intelligence/us-blacklisted-zhipu-ai-gets-fresh-funding-chinese-state-firm-2025-03-13) |
| 2025-03-03 | Funding round | 1 billion yuan ($137.22 million) | not stated | Hangzhou City Investment Group Industrial Fund, Shangcheng Capital | [reuters.com](https://www.reuters.com/technology/artificial-intelligence/chinas-zhipu-ai-raises-137-million-state-funds-bet-ai-race-2025-03-03) |
| 2024-12-17 | Funding round | 3 billion yuan (US$412 million) | not stated | none named | [scmp.com](https://www.scmp.com/tech/big-tech/article/3291201/chinese-start-zhipu-ai-raises-us412-million-new-funding-amid-crowded-market) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.