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Summary*

Xiaobing, founded in 2020 as a spin-off from Microsoft, is a Beijing-based company specializing in artificial intelligence (AI)-enabled human-like speech services and chatbots for enterprises. The company's solutions cater to various industries, including finance, retail, automobile, real estate, and textile sectors. Since its inception, Xiaobing has shown promising growth, attracting significant investment and achieving a reported valuation of $1 billion in 2021 during its Series A funding round.

The company has successfully completed multiple funding rounds, with its most recent Series B round in November 2022 raising approximately $138.4 million from undisclosed investors. This brings Xiaobing's total funding to date to $138.4 million, demonstrating strong investor interest in the company's AI-driven solutions. Notable investors in previous rounds include 5Y Capital, GGV Capital, Hillhouse Capital Management, and NetEase Capital, among others.

As of now, we have not found any concrete information regarding Xiaobing's IPO prospects. The company has not made any official announcements about plans to go public, and there are no credible reports or rumors circulating about a potential IPO. Given the company's relatively recent founding and its continued success in private funding rounds, it is possible that Xiaobing may choose to remain private for the foreseeable future to focus on growth and development.

Factors that could influence Xiaobing's decision to pursue an IPO in the future may include market conditions in the AI and technology sectors, the company's financial performance, and its long-term strategic goals. However, without official statements from the company or reliable sources, any discussion of Xiaobing's IPO plans remains purely speculative at this time.

How to invest in Xiaobing

While Xiaobing's IPO prospects remain uncertain, investors eager to explore opportunities in the AI and chatbot space don't have to wait. At Linqto, we offer members access to interests in promising private companies before they go public. Our platform provides exposure to a diverse range of pre-IPO investments, including potential leaders in the AI and technology sectors, with lower minimum investments than traditional private equity opportunities. This allows you to potentially benefit from the growth of innovative companies like Xiaobing before they hit the public markets.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.