# PPIO

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

- Industry: Software
- Headquarters: Shanghai, China
- Website: www.ppio.cn/
- Total disclosed funding: $53M
- Latest round: Series A (May 31, 2022)
- Investors on record: 7

## About

Based in Shanghai, China and established in 2018, PPIO Cloud Computing Shanghai Co., Ltd. is a network technology company that focuses on distributed cloud computing services.

Based in Shanghai, China and established in 2018 as PP Labs, the company offer cloud computing services. Mr. Bill Yao, the company's founder, founded an Internet video company called PPTV. Mr. Wayne, Wang, the company's co-founder, served as the co-founder and chief architect of PPTV. Later in 2022, the company changed its name to PPIO Cloud and evolved to a full-stack AI infrastructure provider. It has since grown to operate 20 intelligent computing centers across China. In May 2025, PPIO raised an undisclosed amount of venture funding from new investor Hong Kong Investment Corporation.

The company engages in creating distributed cloud service platform. Its main products include GPU Cloud services, model APIs for image/video/audio generation, edge computing and solutions for AI, metaverse rendering and multimedia platforms. The company's customers mainly include first-line audio and video Internet giants, cloud computing companies and unicorn startups.

PPIO generates revenue mainly through on-demand and subscription-based computing services, AI model API usage and enterprise infrastructure solutions for edge and cloud workloads.

The company aims to expand its intelligent computing nodes across China and enhanced its push into AI-generated contents to serve global demands.

## Funding rounds

- Series A, May 31, 2022, $37M — Shanghai Zhangjiang Science & Technology Venture Capital, Panlin Capital, HUA Capital, Cyber Creation Ventures (CCV), AlphaX Partners, BRV Aster, IMO Ventures
- Series A, Dec 2, 2021, $16M — Shanghai Zhangjiang Science & Technology Venture Capital, Panlin Capital, HUA Capital, Cyber Creation Ventures (CCV), AlphaX Partners, BRV Aster

## Investors

- Shanghai Zhangjiang Science & Technology Venture Capital — Series A
- Panlin Capital (https://capitalatlas.ai/funds/panlin-capital) — Series A
- HUA Capital (https://capitalatlas.ai/funds/hua-capital) — Series A
- Cyber Creation Ventures (CCV) (https://capitalatlas.ai/funds/cyber-creation-ventures-ccv) — Series A
- AlphaX Partners (https://capitalatlas.ai/funds/alphax-partners) — Series A
- BRV Aster — Series A
- IMO Ventures (https://capitalatlas.ai/funds/imo-ventures) — Series A