Beijing-based HiDream.ai, which develops visual multimodal foundation models for creative work, said on July 27 it raised 1.5 billion yuan (US$222 million) in a series C round to develop native omni-modal world models and expand its product and commercial ecosystem.

The round was co-led by the National Social Security Fund Sichuan Revitalization Sci-Tech Innovation Fund, ICBC Capital, Hongyi Asset Management, and Dunhong Capital.

HiDream.ai said it has raised more than 2.1 billion yuan (US$310 million) over the past three months.

Founded in 2023, the company said world models are AI systems that predict what happens next by understanding physical and spatial dynamics across inputs such as text, images, video, sound, and movement.

New investors included Shanghai Film New Vision Fund and Huace Film & TV.

The company said the new investors could expand its access to film and entertainment resources, production scenarios, and content data for AI-native content production.

🔗 Source: HiDream