--- title: "Unique Research: July 2024 Global AIGC Investment Report" author: "Unique Research" sourcePublication: "Unique Research (FFCAP English library)" originalPublishedAt: "2024-08-28T16:30:00+08:00" canonical: "https://ffcap.cn/en/research/20240828a06dp600" source: "https://ffcap.cn/en/research/20240828a06dp600" language: "en" cnSourceUrl: "https://view.inews.qq.com/a/20240828A06DP600" --- # Unique Research: July 2024 Global AIGC Investment Report _Unique Research · Insight / Capital Monthly · August 28, 2024 · Data window: July 2024 (YTD through July)_ **Ingest note:** ~23 CN charts. EN keeps headline ¥/$ and board inventory from body — attach or redraw tables on import; do not invent ranks absent from CN. Secondary-market stock blurbs abbreviated. ## July 2024 snapshot - Global AIGC financing: **¥29.0B** in July — **+66.67%** vs June. - Largest global raise: **Cohere** **$500M** (~¥3.567B). Canada NLP/semantic startup (2019; Aidan Gomez & Nick Frosst, ex-Google Brain; Gomez co-author of “Attention Is All You Need”). Command-R: 10 languages incl. EN/ZH/FR/DE; ChatGPT-like product matrix. - China: **Baichuan Intelligent** A2 — **¥2.824B** from 17+ investors (Shunxi, Lingang Sci-Tech, Shenzhen Capital, Alibaba, Tencent, Xiaomi, Asia Investment, CICC Capital, TAL, Zhuoyuan Asia, Shunwei, Redpoint China, Muhua, 37 Interactive, Zhongbei Comm, Sunyard, etc.). 36Kr: post-A, Baichuan to open B at **¥20B pre**. ## 1.1 Overseas July Angels important: 7 early projects (Harvey, Presti, Arcee.ai, Nagish, Enso, Phyron, OpenFi) — ~¥1.15B estimated from individuals (seed–C). 9 overseas institutions put >¥500M into AIGC; **AMD** closed ~¥4.744B via all-cash **$665M** buy of Finland’s **Silo AI** (software depth vs Nvidia). Six $100M+ overseas names: Silo.AI, Influential, Cohere, Skild AI, Harvey, World Labs. **Skild AI** (Pittsburgh embodied; founded May 2023 by ex-CMU profs Abhinav Gupta & Deepak Pathak) — ~¥2.2B (**$300M**) Series A at >¥10B / **$1.5B** post after one year. Lightspeed, SoftBank, Coatue, Bezos, CRV, Felicis, Menlo, Sequoia, General Catalyst, SV Angel, CMU. “Skild Brain” foundation model for robots → physical-world AGI path. Team from Meta/Tesla/Nvidia + CMU/Stanford. ## 1.2 China July 67 institutions; MiraclePlus 3 deals; BAIC Industrial Investment & Dinghui 2 each. 38 AIGC firms funded; 8 over ¥100M incl. Baichuan, Shengtong, Sand AI, Bangke, Xellar Biosystems, liblibAI, Yirijian, SiliconFlow. 19 at ¥10M+. Charts for full boards attach on ingest. ## 1.3 YTD through July - Global: **¥167.4B**; **484** events — amount +45% vs 2023 ¥115.4B; count +310.2% vs 118. - China: ~**¥26.886B**; **221** events — amount +186%, count +167% YoY. - China share: **16.1%** of global amount; **43.6%** of deal count. - Global top raise YTD: **xAI** $6B B (May 26) — $18B pre / $24B post; a16z, Sequoia, etc. Mission: “understand the true nature of the universe.” - China top: **Moonshot** >$1B (Feb; Alibaba, Sequoia China, Xiaohongshu, Meituan, Lisi…) — val ~$2.5B. ## 02 Global trends & country mix Q2 disclosed deals ~220 (~3.3× YoY). July deal count +~24% MoM. Amount spikes from mega LLM rounds: xAI $6B; Anthropic $2.75B Amazon (Mar); Moonshot $1B (Feb); Baichuan ¥2.824B (Jul). 2024 monthly mean amount ~¥23.914B. Avg deal size by month (¥100M): 1.3 / 5.5 / 7.2 / 0.7 / 7.1 / 1.8 / 2.4. US ¥99.535B amount #1 / 150 deals (~71% of China’s count); China ¥26.886B #2 amount / 211 deals #1 count. Canada #3 after Cohere $500M. France #4 after Mistral + H (Holistic) ~¥5.83B in May. ## 03 China investors & hot projects (Jan–Jul) Most active: **MiraclePlus** 17 (Shuzong, EdgeAI, GigaAI, animate.ai, ProDuck Lab, SiliconFlow, RWKV, Ximo, Llama-alpaca, Yuhe, NoEdgeAI, Jike Xingren, Puppy Agent, NieTa, SmartPrep.AI, Guanglun, Kuafu). Alibaba 5 (Baichuan, Moonshot, MiniMax, Wow Universe, Jingzhunxue) — Unique Research estimates Alibaba book may exceed **¥9B** by end-Jul. Shunxi & Zhipu 4 each; 12 institutions at 3 (Shengjing, Lingang, Baidu Ventures, Hubble, Amoeba, Yaotu, Baidu, GSR, Dinghui, iFLYTEK, Miracle Gate, CICC Capital). 195 China AIGC firms raised; 41 over ¥100M. Top amounts: Moonshot **$1B**; MiniMax **$600M**; Zhipu **$400M** (Prosperity7, June). Monthly mean deals 30; Jul ~30% above average. Feb amount peak ¥8.249B (Moonshot). ## 04 Overseas investors & hot projects a16z 8 deals (most active overseas by count). 76 overseas institutions put >¥1B YTD (vs 49 in 2023). Overseas AIGC raised ~¥140.5B (+32.5% vs ¥106.0B). Top: xAI ¥42.65B; Anthropic ¥21.51B; Mistral ¥7.27B; also Cohere, Lambda, Skild, Tenstorrent, DeepL, Genmo over ¥1B. May amount spike ~¥55.1B (xAI, Mistral, DeepL, Holistic cluster). ## 05 A-share AIGC concept (as of Jul 31) East Money AIGC concept index **1,137.8** (−0.99% MoM); turnover ¥462.2B; turnover rate 45.09%. Top gainers (CN names): Feilixin, Huaxin Yongdao, 5i5j, Zhongcheng Tech, Autel Electronics — company blurbs image-heavy; attach selectively on ingest. ## 06 Notes Unique Research team intro + disclaimer: market reference only; methods/data limits; no legal liability for figures/views. Cite: **Data source: Unique Research (非凡产研)**. — END — --- Editorial English edition published on UniqueCapital: https://ffcap.cn/en/research/20240828a06dp600 On-site reading page: https://ffcap.cn/en/research/20240828a06dp600