Jellyfish Intelligence
水母智能
Jellyfish Intelligence (水母智能) is a Chinese AI design company founded in 2020 that initially gained traction with AI-powered design generation tools for the SME market, securing RMB 100 million in early funding from top-tier investors including Sequoia China and Hillhouse Venture Capital, per a 2025 AI闹 profile of founder Miao Zhuang . In October 2021, it raised a RMB 70 million Series A led by Source Code Capital, with Hillhouse and Sequoia China Seed Fund participating alongside returning investors Yuanjing Capital and WeLight Venture Capital .
The company has built deep business partnerships with major Chinese tech platforms including Alipay, Alibaba Cloud, DingTalk, Lark, and Meituan, and established a strategic research collaboration with the Beijing Academy of Artificial Intelligence (BAAI) in mid-2021 . elsewhere's corpus does not cover more recent developments beyond the 2025 founder interview.
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Coverage
The Next Billion-Dollar Track After Short Dramas: This AI Company Is Already the Market Leader | A Conversation with Miao Zhuang, Founder of Jellyfish Intelligence
After raising 100 million RMB from top-tier investors, it abruptly abandoned its core business and went all-in on "AI manhua dramas" — an atypical pivot for an AI startup.
Xijiezhachuan, a fried-skewer snack brand, announced the completion of a 295 million yuan Series A funding round led by Source Code Capital.
"Ten Thousand Stores in a Hundred Cities," dedicated to helping 100,000 Chinese people successfully realize their entrepreneurial dreams.
Source Code Capital portfolio company "TenaFe" announces $58 million Series B funding round, with existing investor Source Code Capital continuing to increase its stake
Provides end-to-end solid-state drive (SSD) controller solutions, with its chip products approaching mass production.
Source Code Capital portfolio company Ruigu announced the completion of a $250 million Series D funding round, with existing shareholder Source Code Capital continuing to increase its stake.
Accelerating the digital transformation of China's industrial goods sector.
Source Code Capital portfolio company Whale announced the completion of a $50 million Series B funding round. Source Code Capital led the company's Series A round.
Accelerating the digital transformation of future-facing consumer brands across omnichannel marketing.
Jellyfish Intelligence Raises 70 Million Yuan in Series A Led by Source Code Capital
Let everyone enjoy the beauty of design through AI intelligence.
