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MiniMax Affiliated Company Increases Registered Capital 300% to 4B RMB
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MiniMax Affiliated Company Increases Registered Capital 300% to 4B RMB
Shanghai Xiyu Jizhi Technology Co., Ltd., the affiliated operating entity of AI startup MiniMax, has completed a capital increase from 1 billion to 4 billion RMB (~560M USD), a 300% surge. According to Tianyancha App, the company recently underwent an industrial and commercial registration change, with registered capital increasing from 1 billion RMB to 4 billion RMB. Founded in November 2021 and legally represented by Yan Junjie, the company's …
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