The Pulse
Wujiefangzhou Reaches $300 Million Valuation in Series A
Chinese on-device AI developer Wujiefangzhou has closed a Series A at a $300 million valuation, Dealroom reports. The company says it has more than 80,000 paying enterprise customers, while a follow-on fundraising round is still in progress
AI.info Team · Written with AI ·
More than 80,000 paying enterprise customers sit behind Wujiefangzhou’s reported $300 million Series A valuation, giving the Chinese on-device AI developer a commercial milestone alongside its model downloads and hardware deployments. Dealroom reported the financing on October 11, 2026; the size of the investment itself was not disclosed.
Revenue, not just model downloads
Wujiefangzhou says its business-to-business model line generated 150 million yuan in annual recurring revenue during its first year of commercialization. The company estimates total revenue at 250 million to 300 million yuan and reports more than 15 million downloads of its on-device models. Those are distinct measures: the ARR figure applies to the B2B model business, while the larger total-revenue estimate covers the company overall.
The company sells through three streams, according to Dealroom: custom development, licences for on-device models and cloud token use. That mix links its software to both locally running hardware and cloud services, rather than relying on a single usage-based product.
Shokz earbuds put the models on hardware
One of the named deployments is with audio brand Shokz. Dealroom says Wujiefangzhou’s on-device voice model now covers one million sports earbuds. Shokz is also an investor, placing it in the unusual position of backing the company while using its technology in a consumer product.
Chip company D-Robotics is another customer. Dealroom says it pays 10 to 20 yuan per licence, offering a concrete example of how Wujiefangzhou charges for model use in hardware. The report does not disclose the revenue contribution from either customer.
Edge0 and Audio8 anchor the product claims
Wujiefangzhou says it holds more than 200 patents and that its models run on more than 95% of chip types on the market. Its Edge0-35B language model topped Hugging Face’s trending chart in September 2026, Dealroom reports, while its Audio8 voice model has ranked first on a Hugging Face leaderboard. These rankings and compatibility claims describe different aspects of the company’s technology; they do not establish how much either contributes to sales.
The hardware emphasis matters to the company’s pitch because on-device models run on the customer’s equipment, while cloud token usage forms a separate revenue stream. The reported Shokz deployment shows a model in a shipped product, but the available reporting does not detail unit economics, licence terms or how broadly other deployments have reached production.
A higher valuation remains a target
The $300 million figure is the valuation attached to the completed Series A, not the amount raised. A Sohu article linked from Dealroom says Wujiefangzhou is pursuing an A+ round and targets a valuation of about 3 billion yuan if that financing closes by the end of 2026. That target is prospective, not a valuation already secured.
For now, the reported case for the company’s valuation rests on a combination of paying customers, B2B recurring revenue, model adoption and hardware relationships. Whether those figures support a higher price in the next round depends on financing that has not yet closed and on revenue that the company estimates rather than breaks out by customer or product.