Luchen Tech Closes New Funding Round | BlueRun Ventures Family
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Luchen Tech has completed its latest funding round, with the Beijing Economic-Technological Development Area Industrial Upgrading Equity Investment Fund participating in this round. Following the Beijing Artificial Intelligence Industry Investment Fund's lead investment in the previous round, the company has once again attracted capital favor. The two most recent rounds have formed a powerful synergy to accelerate Luchen Tech's rapid growth.
BlueRun Ventures was Luchen Tech's angel round investor.
Luchen Tech has achieved major milestones in technological innovation, open-source ecosystem development, and commercial growth.
Its large model training and inference system Colossal-AI and video foundation model Open-Sora have both reached #1 in global GitHub rankings, with world-leading metrics in the open-source AI training/inference system and video model categories respectively, accumulating over 60,000 total GitHub stars. Luchen's leading technology has been widely adopted by global tech giants. According to NVIDIA's official GitHub, Luchen's LAMB technology is 17x faster than the industry's previous best method, and has also been used in ByteDance's MegaScale system spanning tens of thousands of GPUs. Additionally, Snap Video — the video foundation model from top US social media platform Snapchat — employed LAMB technology in its training.
NVIDIA official GitHub: LAMB technology achieves 17x speedup
Snapchat paper: Top US social media platform's video foundation model Snap Video uses LAMB technology for training
Luchen Tech has demonstrated strong momentum in commercial expansion and revenue growth. Its two flagship products, Video Ocean and Luchen Cloud, have cumulatively served over 100,000 users. The company's total paying customers have exceeded 2,476, including 4 Fortune Global 500 companies and 10 publicly listed companies. 2024 revenue reached RMB 77 million. Revenue scale will continue to expand, with projected revenue of RMB 150 million in 2025 and RMB 300 million in 2026.
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