Apex Intelligence names Zhongguancun, SCGC and Shanghai Engine as angel-plus leads
The angel-plus syndicate differs from Apex Intelligence’s earlier angel backers; the company reported nearly $50M across the two financings together.
Zhongguancun Science City Fund, SCGC and Shanghai Engine Fund co-led the angel-plus round. It follows the angel financing led by IDG Capital, LinkX Capital and XtalPi, bringing a distinct group of institutional backers into the company.
Apex announced both rounds together in September 2026. No separate angel-plus amount was supplied, and the combined nearly $50 million figure is not an additional financing on top of the angel round. The shared capital plan covers compute, training infrastructure and research hiring for the newly founded lab.
Use of funds
Develop self-evolving foundation models for scientific research and discovery
Invest in model training, compute, research trajectory data infrastructure and talent