MiniMax
PublicMiniMax is now publicly traded
The data on this page reflects MiniMax's private-market history up to the point it went public, including its funding rounds, valuation, and investors.
Went Public
Jan 9, 2026
Last Round
Growth Equity
Sep 25, 2025
Est. Valuation at Exit
$4B
Total Funding Raised
$2.47B
Company Overview
MiniMax is an artificial intelligence company that develops multimodal foundation models and AI-native applications for text, voice, and image generation.
Verticals
Generative AI, Large Language Models, Social AI
AI Layer
Foundation
Keywords
MiniMax Comparables
Compare MiniMax with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| StepFun | 85% | |
| Moonshot AI | 84% | |
| Baichuan | 82% |
MiniMax Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| IPO | Jan 9, 2026 | ||||
| Growth Equity | Sep 25, 2025 | ||||
| Series B Extension | Jul 1, 2025 | ||||
| Series B | Mar 1, 2024 | ||||
| VC Round | Jul 1, 2023 | ||||
Series A | Jun 1, 2023 |
Key People
Founding team and executive leadership
MiniMax Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Mingshi Investment Management | Seed |
| Aspex Management | IPO |
| UBS Group AG | IPO |
| IDG Capital | Seed, Angel, Series A, IPO |
| Boyu Capital | IPO |
| Mirae Asset | IPO |
| Hillhouse Investment | VC Round, Series A, IPO, Angel |
MiniMax Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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