Singapore · Funded startup

Who invested in MiniMax

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Raised 4 months ago

Funding summaryUpdated 26 Oct 2026

$1.2Braised across 2 rounds since 2025, from 2 sources

Latest round
Round, $1.2BJul 2026
Investors
5
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
?Venture$1.2BRound
First round
Venture
Dec 2025
Biggest round
$1.2B
Round · Jul 2026
Between rounds
7 months
from the last two

The rounds

  1. Jul 2026
    Round$1.2B4 returning

    Source recorded

  2. Dec 2025
    VentureAmount undisclosed5 new

    Source recorded

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Tengxun TouziVC firm2rounds
IDG CapitalPrivate equity2rounds
HSGVC firm2rounds
Gaorong CapitalVC firm2rounds
Alibaba GroupCorporate VC1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists MiniMax as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Quick answers about MiniMax

Who invested in MiniMax?

MiniMax's investors include Tengxun Touzi, IDG Capital, HSG, Gaorong Capital and Alibaba Group.

How much has MiniMax raised?

MiniMax has raised $1.2B across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

When did MiniMax last raise?

MiniMax's most recent round was an Undisclosed round of $1.2B in Jul 2026.

What was MiniMax's biggest round?

Its most recent round, $1.2B in Jul 2026, is also its largest on record.

Who backed MiniMax first?

MiniMax's first round on record, in Dec 2025, was backed by Tengxun Touzi, IDG Capital and HSG and 2 others.

What stage is MiniMax at?

MiniMax's latest named round is an Undisclosed round, in Jul 2026.

Where is MiniMax based?

MiniMax is based in Singapore.

Companies like MiniMax

In the same sector, and raised in the last eighteen months.

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