Exclusive | AI Coding Startup "Kuaifu Technology" Raises Tens of Millions of RMB in Pre-A Round Led by Fosun RZ Capital
AI闹 has learned exclusively that AI Coding startup KuaFu Technology has recently completed a Pre-A round of funding worth tens of millions of RMB. The round was led by Fosun RZ Capital, with existing investor MiraclePlus participating.
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AI NOW has learned exclusively that AI Coding startup CrossingTech has recently completed a Pre-A round of financing worth tens of millions of RMB, led by Fosun RZ Capital with participation from existing investor MiraclePlus.
The funds raised in this round will be primarily used for continuous product R&D iteration, accelerated talent expansion, and overseas market development.
CrossingTech's flagship product, Mashangfei (Code Soars), is a programming tool designed for the general public. Through an end-to-end intelligent development model, it compresses development tasks that traditionally take teams weeks to complete down to minutes. Users don't need to write a single line of code — simply input natural language, and receive a complete digital application.
AI NOW previously reported on Mashangfei in In the Most Crowded AI Coding Race, He Bets on China First, Aiming to Be the Industry's Pinduoduo | A Conversation with CrossingTech Founder Wu Xin. Founder Wu Xin comes from a classic technical background. Before founding the company, he was a T12-level R&D efficiency technical expert at Tencent, and led R&D efficiency system architecture at ByteDance, DiDi, and other top internet companies, with deep long-term expertise in complex system coordination and automated development technology.
As one of the earliest teams globally to explore AI-driven full-process automation of software engineering, CrossingTech's core technology is its self-developed Agent Swarm Framework for Software Engineering. This architecture enables dynamic scheduling and parallel coordination of dozens to hundreds of intelligent agents, efficiently completing the full development cycle from requirements analysis, architectural design, code generation, testing and verification, to deployment and operations — significantly reducing application development costs.
Additionally, as one of the first member units of the AI4SE Working Group under China's Artificial Intelligence Industry Alliance (AIIA), CrossingTech has participated in drafting two intelligent development industry standards, and is the only startup in the standards working group.
Two years since launch, Mashangfei has cumulatively served 350 cities across China and hundreds of thousands of ordinary users with zero programming knowledge, accumulated hundreds of thousands of digital applications, generated 16 billion lines of code, and built up massive user know-how. Founder Wu Xin assesses: although the global software development market has long surpassed $5 trillion, development costs and talent supply have consistently constrained digital adoption. Especially in China, over 70 million SMEs and 300 million individual operators urgently need lower-cost digital solutions. "This is our primary target market, and also a long-tail market worth hundreds of billions of dollars."
Reportedly, developing digital applications is only Mashangfei's first step. Next, they plan to help users develop digital content for various scenarios through natural language.
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