HiDreamai Funding, Investors & Competitors

HiDreamai has raised $749M across 7 funding rounds, most recently a $221M Series C in July 2026.

Last HiDreamai funding round

$221M

Series C · Jul 2026

Cumulative funding HiDreamai raised

$749M

across 7 funding rounds

Key investors in HiDreamai

  • GP Capital
  • Caixin Capital
  • Oriental Fortune Capital
  • Dunhong Capital Management
  • ICBC Capital
  • Huace Film & TV
  • Hongyi Asset Management
  • Sichuan Revitalization Science and Technology Innovation Fund

HiDreamai Overview

About HiDreamai

HiDream.ai is a developer of generative AI models specializing in multimodal content creation that integrates visual and linguistic generation. The company released the open-source HiDream-I1 image generation model in 2024, capable of producing high-resolution images from text prompts. Based in China, HiDream.ai focuses on advancing AIGC foundational models through research in multimodal interaction technologies. Its platform supports applications in image synthesis, video generation, and interactive AI experiences for developers and creators worldwide.


Founded

2023

HQ

ChinaShenzhen

Website

hidream.ai

Status

Privately held

Customer focus

B2B

Revenue model

Licensing

HiDreamai Funding History

HiDreamai has raised a total of $749M across 7 funding rounds.

HiDreamai's first fundraising round was a $14M Series A in December 2024. The most recent completed round was a $221M Series C in July 2026.

HiDreamai funding rounds

HiDreamai funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2026Series CDunhong Capital Management (lead); Hongyi Asset Management (lead); ICBC Capital (lead); Sichuan Revitalization Science and Technology Innovation Fund (lead); Hangyuan Capital; GP Capital; Caixin Capital; Shanghai Film New Vision Fund; Yuhang Jinkong; Huace Film & TV; Xiamen International Trade Capital; Jinhua Jintou; Chuangyunhai Capital$221MHiDream.ai completed a RMB 1.5 billion Series C financing round in July 2026, with the round co-led by the Sichuan Revitalization Sci-Tech Innovation Fund, ICBC Capital, Hongyi Asset Management, and Dunhong Capital. New investors included Shanghai Film New Vision Fund alongside other industrial and financial backers, and the company said the capital will be used to advance native omni-modal world model development, technology infrastructure, and ecosystem expansion. The transaction brought in film and entertainment industry capital to deepen collaboration around AI content creation, with Shanghai Film New Vision Fund and Huace Film & TV among the strategic participants. Coverage also noted that HiDream.ai had completed three financing rounds in roughly three months, raising more than RMB 2.1 billion in total and moving above unicorn status. HiDream.ai is described as a global large-model AI technology company focused on native omni-modal world models. The company’s recent funding activity has emphasized product development, technical base-layer construction, and industrial ecosystem partnerships, particularly across media, film, and content creation.
Jul 2026Series CDunhong Capital Management (lead); Hongyi Asset Management (lead); ICBC Capital (lead); Sichuan Revitalization Science and Technology Innovation Fund (lead); Hangyuan Capital; Oriental Fortune Capital; GP Capital; Caixin Capital; Ruosong Fund; Shanghai Film New Vision Fund; Zhongzhe Venture Capital; Huace Film & TV; Xiamen International Trade Capital; Chuangyunhai Capital$221MHiDream.ai (智象未来) completed a C round financing of CNY 1500 million in July 2026, led by Sichuan Revitalization Sci-Tech Innovation Fund of the National Social Security Fund, ICBC Capital, Hongyi Asset Management, and Dunhong Capital, with Chuangyunhai Capital among the participating investors. The company said this was its third financing round in about three months, bringing total financing over CNY 2100 million. The round was positioned to support HiDream.ai’s development of multimodal foundation model technology and its “native full-modal world model” strategy, with participation from a broad mix of state-backed funds, financial investors, and strategic industry capital. HiDream.ai is described as a general-purpose large-model and multimodal AI company; the reported financing materials characterize it as a foundational model innovator focused on accelerating multimodal AI development and expanding its model and product roadmap.
Jul 2026Series CDunhong Capital Management (lead); Hongyi Asset Management (lead); ICBC Capital (lead); Sichuan Revitalization Science and Technology Innovation Fund (lead); Oriental Fortune Capital; Bank of Communications; GP Capital; Caixin Capital; Hefei Industrial Investment; Yuhang Jinkong; Zhongzhe Venture Capital; Huace Film & TV; Chuangyunhai Capital$221M智象未来(HiDream.ai)于2026年7月完成15亿元人民币C轮融资,由社保基金四川振兴科创基金、工银资本、弘颐资管、敦鸿资本联合领投,厦门国贸资本、上影新视野基金、湖北长江产业投资集团、华策影视、航源资本、创云海资本、华福投资、余杭金控股份、交银资本、若松基金等机构跟投;老股东合肥产投、东方富海、金浦投资、金华金投、中哲创、财鑫资本继续加注。公司资金将用于核心技术攻关及商业化落地。
May 2026Undisclosed stageFuju Capital; GP Capital; Caixin Capital; Fuji Capital; Shenzhen Capital Group--
Apr 2026Series BOriental Fortune Capital; Fenghua Capital; XINGTAI GROUP; Anhui Artificial Intelligence Mother Fund; Hefei Industry Investment Group; Hefei High-tech VC; ANHUI PROVINCIAL INVESTMENT GROUP$73M-
Dec 2025Series AJD.com; Jinhua Jinwu Empowerment Fund-HiDreamai raised an undisclosed amount in a Series A funding round from Jinhua Jinwu Empowerment Fund and JD.com around December 2025.
Dec 2024Series AHefei Industry Investment Group (lead); Hubei Changjiang Film Group; Anhui Artificial Intelligence Mother Fund$14MHiDream.ai is a generative AI company focused on visual multimodality (text, images, videos, 3D) founded in March 2023 and based in Haidian, China. The company is led by founder and CEO Mei Tao, former vice president of JD Explore Academy, and counts a highly technical team with over 90% holding PhDs and Master's degrees from companies including Microsoft, Baidu, Tencent, Huawei, JD.com, and ByteDance. The company's main product, Zhixiang, functions as an AI-powered product image studio for e-commerce merchants, automating content creation with capabilities for background adjustment, lighting control, and model selection. HiDream.ai launched its product Pixeling V1.0 in August 2023 and has attracted attention at major industry events including Alibaba's Apsara Conference 2024. The company has received backing from investors including Alpha Commune, Zhongheda Seed Fund No. 1, iFlytek (angel round lead), Hefei Industry Investment Group, Huaan Jiaye, Changjiang Film Group, Dunhong Capital Management, and Alpha Startups.

Who has invested in HiDreamai?

30 investors have backed HiDreamai across its funding rounds, including GP Capital, Caixin Capital, Oriental Fortune Capital, Dunhong Capital Management, ICBC Capital and Huace Film & TV.

Lead investors include Dunhong Capital Management, Hongyi Asset Management, ICBC Capital, Sichuan Revitalization Science and Technology Innovation Fund and Hefei Industry Investment Group.


HiDreamai Investors

Investors in HiDreamai by funding rounds participated
InvestorHQRoundsRoleFirst check
GP CapitalChinaShanghai4ParticipantMay 2026
Caixin CapitalChinaHunan4ParticipantMay 2026
Oriental Fortune CapitalChinaShenzhen3ParticipantApr 2026
Dunhong Capital ManagementChinaShanghai3LeadJul 2026
Sichuan Revitalization Science and Technology Innovation Fund--3LeadJul 2026
ICBC CapitalHong KongHong Kong3LeadJul 2026
Huace Film & TVChinaHangzhou3ParticipantJul 2026
Hongyi Asset Management--3LeadJul 2026
Chuangyunhai CapitalChinaChina3ParticipantJul 2026
Hangyuan Capital--2ParticipantJul 2026
Anhui Artificial Intelligence Mother FundChinaHefei2ParticipantDec 2024
Hefei Industry Investment GroupChinaHefei2LeadDec 2024
Shanghai Film New Vision FundChinaShanghai2ParticipantJul 2026

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HiDreamai Competitors

HiDreamai competitors include listed companies like Snowflake and Z.ai, and private ones like Lovable, ElevenLabs, Higgsfield and Runway.

Public and private companies comparable to HiDreamai
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
LovableSwedenStockholmPrivate$500M-$13B26.6x
ElevenLabsPolandWarsawPrivate$500M-$11B22.0x
HiggsfieldUnited StatesSan Francisco, CAPrivate$400M-$5.4B13.5x
RunwayUnited StatesNew York City, NYPrivate$300M-$5.3B17.7x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x
Z.aiChinaChinaPublicly listed$108M($658M)$46B65.9x

HiDreamai Public Comps

HiDreamai is still privately-owned, but its public comps include Palantir, Snowflake, Z.ai, IonQ, MiniMax Group, Presight AI, Affle 3i, Ncino, Haizhi and C3.ai.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Z.ai$108M($658M)422.9x65.9x(69.4x)(73.0x)
IonQ$130M($531M)109.9x40.3x(26.9x)(39.1x)
MiniMax Group$79M($1.9B)131.8x-(5.5x)-
Presight AI$825M$214M6.3x5.4x24.4x20.8x
Affle 3i$282M$67M7.4x6.7x31.3x29.5x
Ncino$595M$65M4.3x4.0x39.0x15.8x

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Common questions about HiDreamai

When was HiDreamai founded?HiDreamai was founded in 2023.
Where is HiDreamai headquartered?HiDreamai is headquartered in Shenzhen, China.
Is HiDreamai publicly listed?No, HiDreamai is a private, VC-backed company.
How much funding has HiDreamai raised?HiDreamai has raised $749M across 7 funding rounds.
What was HiDreamai's last funding round?HiDreamai's last funding round was a $221M Series C in July 2026, led by Dunhong Capital Management, Hongyi Asset Management, ICBC Capital and Sichuan Revitalization Science and Technology Innovation Fund.
Who are HiDreamai's investors?HiDreamai's investors include GP Capital, Caixin Capital, Oriental Fortune Capital, Dunhong Capital Management, Sichuan Revitalization Science and Technology Innovation Fund, ICBC Capital, Huace Film & TV, Hongyi Asset Management, Chuangyunhai Capital, Hangyuan Capital and 20 others.
Which companies are comparable to HiDreamai?Companies comparable to HiDreamai include Lovable, ElevenLabs, Higgsfield, Runway, Snowflake and Z.ai.

See companies similar to HiDreamai

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