MiniMax AI (HKG: 00100)

AI/ML · Shanghai, Shanghai · Founded 2021 · Publicly Held

MiniMax Group Inc is a AI foundation model company. MiniMax AI (HKG: 00100) is based in Shanghai, Shanghai and was founded in 2021. It is now publicly traded; this page covers its private-market history, where its last recorded valuation was $6.6 billion (Jan 2026). It has raised $2 billion across 4 recorded rounds; the latest was a $1.2 billion post-ipo share placement round in Jul 2026.

Last price · $/share
—
Implied valuation
$6.6B
Total raised
$2.0B
Last round
Post-IPO Share Placement
Jul 2026

MiniMax AI (HKG: 00100) key facts

  • MiniMax Group Inc is a AI foundation model company.
  • MiniMax AI (HKG: 00100)’s last known valuation is $6.6B (Jan 2026).
  • It has raised $2.0B across 4 recorded rounds; the latest was Post-IPO Share Placement ($1.2B) in Jul 2026.
  • Notable investors include IDG Capital, Abu Dhabi Investment Authority, Aspex Management, China Universal Asset Management, Janchor Partners — 12 tracked in total.
  • Status: Publicly Held.

MiniMax AI (HKG: 00100) leadership

  • Yan JunjieFounder, Chairman, CEO & CTO
  • Yun YeyiCo-Founder, Executive Director & COO
  • Zhou YucongCo-Founder, Executive Director & Visual Model Research Leader
  • Zhao PengyuExecutive Director & Large Language Model Research Leader
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MiniMax AI (HKG: 00100) funding rounds

4 rounds
Jul 2026Post-IPO Share Placement$1.2B▮
Jan 2026IPO$619.0M▮
Mar 2024Series B$600.0M▮
Jun 2023Series A$250.0M▮

MiniMax AI (HKG: 00100) valuation

MiniMax AI (HKG: 00100) is now publicly traded; this page covers its private-market history, where its last recorded valuation was $6.6 billion (Jan 2026). Secondary trades, fund marks and rounds below are the private-market record; the listed share price is not tracked here.

How much has MiniMax AI (HKG: 00100) raised?

MiniMax AI (HKG: 00100) has raised $2 billion across 4 recorded rounds since 2023. The largest was a $619 million ipo round in Jan 2026; the most recent was a $1.2 billion post-ipo share placement round in Jul 2026. 1 of the rounds disclosed a post-money valuation.

MiniMax AI (HKG: 00100) investors

12 investors are on record for MiniMax AI (HKG: 00100), including IDG Capital, Abu Dhabi Investment Authority, Aspex Management and China Universal Asset Management.

Who runs MiniMax AI (HKG: 00100)

4 people are listed on the MiniMax AI (HKG: 00100) team: 4 executives, including Yan Junjie (Founder) and Yun Yeyi (Co-Founder).

Comparable companies

Comparable ai/ml names by valuation on PrivateMarketView: Mercor ($10 billion), Higgsfield ($5.4 billion) and Sakana AI ($2.6 billion).

About MiniMax AI (HKG: 00100)

MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally.

Industry
AI/ML
Sector
Information Technology
HQ
Shanghai, Shanghai, China
Founded
2021
Employees
385
Ownership
Publicly Held

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Valuation on record
$6.6B

MiniMax AI (HKG: 00100)’s last known valuation, Jan 2026. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.