ModelBest

Amount: Not separately disclosed (cumulative > RMB 5B in H1 2026); not disclosed; Post-money valuation: > RMB 20B; Led by: Not explicitly disclosed. This round pushed ModelBest's cumulative H1 2026 financing to over RMB 5B and post-money valuation to over RMB 20B, making it the largest publicly valued unicorn in edge AI. Investor structure shifted further toward 'national-level funds + central SOEs + automakers'. Four days later (2026-07-19), the company announced at WAIC that global downloads of the MiniCPM series exceeded 38 million and launched the MiniCPM-Robot embodied intelligence series. ⚠️ The company database contains only this record for the round. Source: PEdaily · Securities Times