Sand.ai secures $200 million series a+ funding, bolstered by major institutional and state capital injections

Sand.ai, a company specializing in video large-model research and development, has confirmed the successful closing of a substantial Series A+ funding round amounting to $200 million. This significant capital infusion reflects strong market confidence in the commercial potential of video generation technology within the evolving large-model sector. The investment round featured a diverse and high-profile group of participants. Cornerstone Capital and Wangsu Science & Technology served as co-leads. Follower investors included Times Capital, Panlin Capital, and Orient Securities Capital. Strategic participation came from Tianchuang Capital alongside Shandong Railway Investment Industrial Investment and Shandong Railway Fund, while entities with Shanghai state-owned capital backing, such as Pudong Venture Capital and Shanghai Guofang, also participated. Notably, several existing shareholders, including Matrix Partners China, Huaye Tiancheng, and CAS Star, elected to increase their stakes, signaling strong belief in the company's long-term trajectory. The capital injection will enable Sand.ai to accelerate its research into video large models, enhance its computing infrastructure, and build out its commercialization ecosystem.