Redbear AI raises a new round on the bet that memory is the next AI moat

快鲤鱼 · wechat · 2026-07-20

## Redbear AI raises a new round as AI memory becomes the next battleground Redbear AI announced a **new A+ round worth several hundred million RMB**, valuing the company at **nearly RMB 3 billion**. It is the company’s **6th financing round** since founding, and its valuation has risen from **RMB 500 million** in the Pre-A round to **over RMB 1.5 billion** in April 2026, and now close to **RMB 3 billion**. The company, founded in **April 2024** by serial entrepreneur **Wen Deliang**, focuses on giving AI long-term memory rather than just bigger parameter counts. Its core product, **MemoryBear**, uses a multi-layer memory stack inspired by **ACT-R**, the **Ebbinghaus forgetting curve**, semantic pruning, and a “3D self-reflection engine” to build working, short-term, long-term, and permanent memory. Redbear also says it has built: - **OpenBear**, a general-purpose MOE model integrated with MemoryBear - **CodeBear**, a coding model designed to retain long project context - A native **agent architecture** with memory built in from the start On the business side, the company says it serves **500+ enterprise customers**, including multiple Fortune 500 firms, across finance, retail, manufacturing, education, healthcare, and internet sectors. It claims annual contract value has continued to rise, with **ARR surpassing RMB 50 million** and **H1 2026 revenue exceeding all of 2025**. Reported use cases include customer service, smart marketing, ChatBI, and education, where it says memory improves resolution rates, reduces manual work, and boosts satisfaction.

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Redbear AI raises a new round on the bet that memory is the next AI moat

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