RedBear AI Raises Series A Extension

RedBear AI closed a Series A+ round worth hundreds of millions of RMB at a nearly 3 billion RMB valuation. The round was co-led by Zhejiang Jiuwei Private Equity Fund, Jiaxing Zhangyuan Venture Capital, and Graceful Summit Capital. The company will use the funds to advance AI memory science and expand into intelligent customer service, marketing, ChatBI, and smart education.