The Shanghai start-up, supported by IDG Capital, Tencent and Ant Group, wants to build an agent that retains the user's preferences and acts for him. The same week, Chinese AI startups captured over $15 billion.
Shanghai-based Today AI (此间无限) has completed a $200 million seed round with IDG Capital, Tencent, 5Y Capital, Ant Group and HSG, joined by Transsion and the Shanghai Jiao Tong University fund. An extraordinary amount for a first round, which can be explained by the background of its founder, Qi Junyuan: creator of Teambition, acquired by Alibaba in 2019, he then managed Aliyun Drive, then held a position as product vice president at ByteDance on Feishu before piloting the PC version of the Doubao assistant.
The company is developing a personal assistant that is supposed to memorize its user's habits, manage their tasks and proactively help them in their professional and private lives, a highly contested niche.
A week dominated by AI
According to The Crane's weekly count, 90 Chinese start-ups raised $16.9 billion in the week of October 23, including more than $15.2 billion for seven AI startups, with the bulk going to DeepSeek's raising of about $15 billion. Semiconductors follow with nearly $500 million divided between 13 companies.
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