B · Normal
[Xirra, a basic physics model company, has received hundreds of millions of yuan in seed and angel round financing] September 23rd, Xirra, a basic physics model company, recently announced that the company has completed hundreds of millions of yuan in seed and angel round financing, led by Dunhong Asset, followed by Huakong Fund, Sanhua Holdings, Ginkgo Valley Capital, Zeran Capital, Benjian Fund, Shanghai Angel Club, Standard Park Investment and other institutions, with a valuation of US$500 million. It is reported that the funds raised will be mainly used for scale pre-training of native physical AI models, construction of real physical interactive data, introduction of core R&D talents and scenario verification.
The company was co-founded by Li Yin, the former CTO of Huawei Cloud Model, and Professor Zhang Hanwang of Nanyang Technological University. Its self-developed native physical basic model LPM recently ranked first in the world in trajectory accuracy and top 3 in physical compliance in the WorldArena2.0 global finals.
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