Zhipu AI · IPO

Chinese foundation model lab behind ChatGLM and GLM-4.

Amount

$559M

Round

IPO

Valuation

—

Announced

Jan 2026

Notes

Phase53.38 backfill — Caixin — Hong Kong IPO @ HK$5.13B / ~$657M

Other Zhipu AI rounds

Date	Round	Amount
Jul 2025	Strategic	$140M	Details →
Dec 2024	Series D	$400M	Details →
Dec 2024	Strategic	$411M	Details →
Jun 2024	Strategic	$400M	Details →
Mar 2024	Series Extension	$137M	Details →