# Approaching.AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/approaching-ai

- Industry: Software
- Headquarters: Beijing, China
- Website: www.approaching-ai.com
- Total disclosed funding: $196M
- Latest round: Series B (Nov 2, 2026)
- Investors on record: 15

## About

Based in Beijing, China and founded in 2023, Beijing Qujing Technology Co., Ltd., dba Approaching.AI, is a company engaged in high-performance AI token generation services. The company's founder and CEO, Zhiyuan Ai, holds a PhD from the Institute of High-Performance Computing at Tsinghua University. Its co-founder, Mingxing Zhang, is an associate professor at Tsinghua University, primarily engaged in research in computer system architecture.

In July 2026, Approaching.AI closed a round of series A funding led by He'nan Investment Group with participation from Shangshi Fund, Xinglian Capital, Shanghai Growth Investment, HighLight Capital, T- Capital, Hangzhou Fucheng, and other investors.

Approaching.AI focuses on providing enterprises with high-performance AI tokens and customized AI inference solutions for all scenarios through deep software-hardware co-optimization. The company has formed three major product forms centered around token performance namely Token Services, Token System, and Token Machine.

Approaching.AI generates revenue by providing customized high-performance AI token solutions and services.

The company will use the series A funding to expand AI Token production capacity reserves, upgrade the self-developed AI Token production service platform ATaaS (AI Token as a Service), promote the large-scale production of domestic heterogeneous computing power in core production scenarios, and further build AI Token factories for leading models, internet platforms, and regional industrial ecosystems.

## Funding rounds

- Series B, Nov 2, 2026, $196M — ICBC Investment, Qianjiang Century City, Xiaoshan Capital, Xinglian Capital, Zhejiang Fiscal Innovation, Zhongguancun Science City
- Series A, Jul 13, 2026 — T- Capital, HighLight Capital, Shangshi Fund, He'nan Investment Group, Shanghai Growth Investment, Xinglian Capital, Hangzhou Fucheng
- Angel, Feb 27, 2025 — Innoangel Fund, GL Ventures, Zhenzhi Capital, Xinglian Capital

## Investors

- Innoangel Fund (https://capitalatlas.ai/funds/innoangel-fund) — Angel
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Angel
- Zhenzhi Capital — Angel
- Xinglian Capital (https://capitalatlas.ai/funds/xinglian-capital) — Angel, Series A, Series B
- T- Capital (https://capitalatlas.ai/funds/t-capital) — Series A
- HighLight Capital (https://capitalatlas.ai/funds/highlight-capital) — Series A
- Shangshi Fund (https://capitalatlas.ai/funds/shangshi-fund) — Series A
- He'nan Investment Group (https://capitalatlas.ai/funds/he-nan-investment-group) — Series A
- Shanghai Growth Investment (https://capitalatlas.ai/funds/shanghai-growth-investment) — Series A
- Hangzhou Fucheng — Series A
- ICBC Investment — Series B
- Qianjiang Century City — Series B
- Xiaoshan Capital — Series B
- Zhejiang Fiscal Innovation — Series B
- Zhongguancun Science City — Series B