RedBear AI Raises Series A Extension

RedBear AI Raises Series A Extension

RedBear AI, based in China, is a software company developing a Memory-Driven AGI platform that integrates its OpenBear large model with a proprietary MemoryBear memory science system. The company recently closed a Series A+ financing round worth hundreds of millions of RMB, bringing its post-money valuation to nearly 3 billion RMB.

The round was co-led by Zhejiang Jiuwei Private Equity Fund, Jiaxing Zhangyuan Venture Capital, and existing shareholder Graceful Summit Capital.

RedBear AI plans to use the proceeds from this funding to advance human-brain-inspired foundational research on AI memory science, accelerate the integration of its OpenBear large model with the MemoryBear system, and expand market coverage across its four core application scenarios: intelligent customer service, intelligent marketing, ChatBI, and smart education.

Founded in April 2024, RedBear AI specializes in Memory-Driven AGI. Their flagship technology includes the OpenBear general large model, which utilizes a mixture-of-experts architecture, and the MemoryBear system, which employs human-brain-inspired mechanisms like hierarchical dynamic memory and self-reflection to reduce hallucinations and token consumption in enterprise AI applications.

Funding Details

Company Website: https://www.redbearai.com/

Company: RedBear AI

Raised: ¥Hundreds of Millions

Round: Series A+

Funding Date: July 2026

Lead Investor: Zhejiang Jiuwei Private Equity Fund, Jiaxing Zhangyuan Venture Capital, Graceful Summit Capital

Software Category: Artificial Intelligence