Wallfacer AI, a leading edge-side large-scale model unicorn, has completed a new round of financing, with a valuation exceeding 20 billion yuan.

Wallfacer AI, a leading edge-side AI unicorn, has completed a new round of financing, raising over 5 billion yuan in the first half of 2026 and achieving a valuation exceeding 20 billion yuan, making it the highest-valued unicorn in China's edge AI field. Incubated by Tsinghua University's NLP Lab, the company's core product is the MiniCPM series of edge models, with the MiniCPM5-1B being open-sourced in May. The company's commercialization has entered the automotive, mobile phone, and PC sectors, with models from Changan, SAIC, and Geely already in mass production and equipped with these models.