Chinese AI dark horse makes $300 million, ranks first in domestic AI applications by a wide margin, valued at $2 billion

▤ Summary

Evoken, also known as 演语科技, closed a nearly $300 million B+ round and pushed its post-money valuation above $2 billion. The company says its annual recurring revenue has already surpassed $300 million, driven by rapid growth across its AI application products. LiblibAI anchors the business with a large creator community and a massive model and asset library, while LibTV has emerged as a fast-growing AI video production tool for professional teams. The company also highlights StarFlow as a growing AI design agent that expands its workflow coverage from ideation to delivery. This financing signals strong investor confidence in AI application-layer software that can show real commercial traction.

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