ModelBest raises $590.9M Series C

Mianbi Smart enables large-scale model acceleration and application execution using artificial intelligence. The company announced a ¥4B ($590.9M) Series C on July 15, 2026, from its base in Beijing, CN. Investors and valuation were not disclosed in Crunchbase's round record; Lounge adds them as they are reported. It has raised more than $100M in total venture funding.