Who has invested in MiniMax?

Alibaba Group, Tencent, Hillhouse Investment, HongShan, IDG Capital are named among the investors backing MiniMax.

MiniMax Funding: $1.2B Raised, IPO (2026)

MiniMax funding overview

MiniMax is based in Austin, Texas. MiniMax has raised $1.2B in total disclosed funding. That places its disclosed total in over $1B. Its most recent disclosed round is an IPO announced in January 2026. The round record for MiniMax runs through 2026; nothing later has been disclosed. Investors on record include Alibaba Group, Tencent, Hillhouse Investment, HongShan, IDG Capital. 5 distinct backers are named across the disclosed rounds.

MiniMax at a glance

Total raised: $1.2B
Latest round: IPO
Latest round date: January 2026
Headquarters: Austin, Texas
Notable investors: Alibaba Group, Tencent, Hillhouse Investment, HongShan, IDG Capital

Frequently asked about MiniMax funding

How much has MiniMax raised?: MiniMax has raised $1.2B in total disclosed funding across the rounds on record.
Who has invested in MiniMax?: Alibaba Group, Tencent, Hillhouse Investment, HongShan, IDG Capital are named among the investors backing MiniMax.
What was the latest MiniMax funding round?: The most recent disclosed round is an IPO, announced in January 2026.
Where is MiniMax based?: MiniMax is based in Austin, Texas.
When did MiniMax last raise?: The last disclosed MiniMax round closed in January 2026 at IPO.

We update the MiniMax record whenever a new round is filed or announced, so the totals above track the public record rather than estimates. Related companies in Austin and their backers are listed below.

MiniMax Funding: $1.2B Raised, IPO (2026)

MiniMax funding overview

MiniMax at a glance

Frequently asked about MiniMax funding

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