RedBear AI raises a new round at a near-RMB 3 billion valuation

创业邦 · wechat · 2026-07-21

RedBear AI raises another round at a near-RMB 3 billion valuation

RedBear AI, a startup focused on AI memory systems, announced an A+ round worth tens of millions of RMB. The round was led by Zhejiang Jiwei Private Fund, Jiaxing Zhangyuan Venture Capital, and existing investor Gelifeng. The company says the post-money valuation is now close to RMB 3 billion.

Business traction

Founded in April 2024, RedBear AI says this is its 6th financing round.
Valuation reportedly rose from RMB 500 million in its 2025 pre-A round to over RMB 1.5 billion in April 2026, and now to nearly RMB 3 billion.
The company claims 500+ enterprise customers, including multiple Fortune 500 firms.
ARR has surpassed RMB 50 million, and 1H 2026 revenue already exceeds full-year 2025.

Product strategy

RedBear’s core product, MemoryBear, aims to give models long-term memory by combining:

an ACT-R-style dual-memory architecture,
the Ebbinghaus forgetting curve,
semantic pruning,
and a multi-layer memory stack spanning working, short-term, long-term, and permanent memory.

The company also mentions OpenBear (a general-purpose MoE model), CodeBear (for coding), and a native agent architecture designed to support long-horizon workflows.

Where it is being used

RedBear says it has deployed into:

customer service,
AI marketing,
ChatBI,
and education.

It claims its customer-service solution can raise issue-resolution rates by 60%+, cut manual workload by 70%, and lift satisfaction by 40%+.

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RedBear AI raises a new round at a near-RMB 3 billion valuation

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