Big round · 29 October 2026

Approaching.AI raises $193M Series B led by ICBC Investment
Approaching.AI, based in China, has raised $193M in a Series B led by ICBC Investment, Zhecai Innovation and Xiaoshan Capital, announced on 29 October 2026. 14 other investors joined. It is the 295th largest equity round we recorded in the twelve months to that date, and the 43rd largest Series B of 423. The median Series B over the same period was $50M, so this one is 3.9 times that.
AICloudConstruction
How big is it?
Against every equity round we recorded in the twelve months to 29 October 2026. Ranks count companies, so the same raise reported twice is counted once.
3.9 times the median Series B of the last twelve months.
Who invested
- ICBC Investment2 rounds in the last twelve monthsLed
- Zhecai Innovation1 round in the last twelve monthsLed
- Xiaoshan Capital1 round in the last twelve monthsLed
- Zhongguancun Science City1 round in the last twelve monthsLed
- StarLink Capital1 round in the last twelve monthsLed
- Qianjiang Century City1 round in the last twelve monthsLed
Also in the round
Funding history
- October 2026Series B$193M
This is the first round we hold for the company.
Reported by
- Wowtale28 October
- wowtale.net28 October
The round's figures come from these reports; each link opens the original.



