Series A+ · AI

Sand.ai completes $200 million Series A+ for video-generation AI

CoStone Capital and Wangsu Science & Technology jointly led the financing.

Sand.ai has completed a $200 million Series A+ jointly led by CoStone Capital and Wangsu Science & Technology. The round includes institutional investors, Shanghai state-backed investors and returning shareholders.

The company develops video-generation foundation models and the VidMuse creation agent. Its MAGI-2 Preview model generates audio and video together.

The announcement follows Wangsu’s September proposal to invest in the same Series A+ transaction. Sand.ai also disclosed two earlier rounds with combined proceeds exceeding $100 million; those rounds are separate from the newly announced $200 million.

Funding history

Series A+ · This round$200M

Sources

  1. Sand.ai完成2亿美元A+轮融资36kr.com · Nov 5, 2026
  2. 中国AI爆款诞生:Sand.ai融资2亿美元36kr.com · Nov 5, 2026