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Chinese video startup Sand.ai raises $200M Series A+ ahead of MAGI-2 release

Sand.ai, a Chinese video-generation company, announced a $200M Series A+ on Nov. 5, jointly led by Cornerstone Capital and Wangsu Science & Technology, per TechNode citing Jiemian. It has raised $300M this year across three rounds and is now described as a unicorn, though no valuation was given. It plans to release a fuller MAGI-2 video model soon, with no date.

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FIRST SEEN: Nov 7, 2026, 01:10 ET
LAST SIGNAL: 9h ago

Primary source

TechNodetechnode.com/2026/11/06/sand-ai-raises-200-million-ahead-of-magi-2-video-model-release/

Coverage · 6 articles, oldest first

Saturday, November 7, 2026

01:10
DealStreetAsia
Beijing-based Sand.ai, an AI startup specializing in video generation, raised a $200M Series A+, bringing its total funding over the past 10 months to $300M
01:10
Dealroom.co
app.dealroom.co/news/note/sand-ai-raises-200m-series-a-extension-joins-unicorn-ranks
01:10
Ventureburn
ventureburn.com/sand-ai-raises-200-million-rival-kling-seedance-ai-video/
01:10
Tech in Asia
techinasia.com/news/chinese-video-startup-sand-ai-raises-200m
01:10
TNGlobal
technode.global/2026/11/06/sand-ai-series-a-funding/
01:10
TechNode
technode.com/2026/11/06/sand-ai-raises-200-million-ahead-of-magi-2-video-model-release/

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