Hu Han seeks $10M+ funding
Leiphone reports that former Tencent Hunyuan visual lead Hu Han plans to raise tens of millions of USD for his multimodal AI startup, targeting a valuation in the hundreds of millions.
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According to a Leiphone report on October 8, Hu Han, former head of Tencent's Hunyuan Visual Large Model Algorithm Center, has made progress with his new venture.
The project plans to raise tens of millions of USD with a target valuation in the hundreds of millions. Yuanshi Capital is serving as the financial advisor (FA) for this round. Several investment institutions have contacted Hu Han in the past month.
The report highlights that commercialization is a key question from investors. Hu Han's proposed path differs from many peers: he believes his multimodal models could be sold to large tech companies, such as DeepSeek, rather than relying solely on API services or vertical applications.
This information comes from media sources and has not yet been confirmed by an official company announcement or completed financing.