NextFin News — Moxing Intelligent, the operator of a “Token Super Factory,” completed its Series A financing round on Monday.
Yida Capital led the round, joined by strategic investors including Chengyuanxiang Investment, Hongshan Capital, Ruifeng Capital, the Nantong Industry Control Siyuan Artificial Intelligence Fund and Haojun Investment, while existing backers Datai Capital and the Hong Kong Science and Technology Parks Venture Capital Fund increased their stakes. Proceeds will support iteration of compute infrastructure technology and commercialization of Token production capacity.
Founded in 2024 by chief executive Xu Lingjie, a former executive at Biren Technology and Alibaba Cloud with earlier experience at Nvidia, the company supplies high-volume Token output for large-model inference. Daily Token call volume has already reached the multi-trillion level, serving internet platforms, model developers and industry clients. The fresh capital follows a multi-hundred-million-yuan Pre-A round closed three months earlier and is intended to expand capacity toward a 10-trillion daily Token target.
Explore more exclusive insights at nextfin.ai.

