Beijing ModelBest Intelligent Technology Co., Ltd. announced that it has raised hundreds of millions of yuan in a round of funding on April 10, 2024. The transaction included participation from new investors Primavera Capital Group, Hubble Technology Venture Capital Co., Ltd., Beijing Artificial Intelligence Industry Investment Fund (L.P.), a fund managed by Beijing Shunxi Venture Capital Fund Management Co.,Ltd., returning investor Zhihu Inc. and other investors.