AI video startup Luying Technology will be acquired by MiniMax, and the two parties have finalized the acquisition intention

2025-03-13 13:08:57

AI video startup "Avolution.ai" will be acquired by MiniMax. The two parties have finalized the acquisition intention and the relevant process is still ongoing. According to first-hand information obtained by Blue Whale News, in 2024, the valuation level of Avolution.ai in the angel round of financing did not exceed 20 million US dollars, which is about 100 million RMB.

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