Video AI startup Sand.ai raises $200M, says it is now valued above $1B
The Beijing video AI company says it has raised $300 million across three rounds in 2026, ahead of the full release of its MAGI-2 model.
By KreatorFlow News
1 min3 sources
Beijing-based Sand.ai announced a $200 million Series A+ round on November 5, 2026. The video AI company says its valuation is now above $1 billion.
What happened
CoStone Capital and Wangsu Science & Technology led the round, according to reports.
Sand.ai says its fundraising in 2026 totals $300 million across three rounds. The valuation above $1 billion is also a company figure.
The round comes ahead of the full release of MAGI-2, Sand.ai's mixture-of-experts video model. A preview, MAGI-2 Preview, has already been released as open source. No date for the full MAGI-2 release was confirmed.
Sand.ai also has GAGA-1, a model that generates audio and video together.
Why it matters for creators
Another well-funded Chinese video lab adds competition for model families such as Seedance, Kling and Wan, and competition tends to push prices down for creators.
The open-source MAGI-2 Preview gives developers an early look at the model before the full release. GAGA-1's joint audio-and-video generation points to a wider trend of models that produce sound and picture in one pass.
Sources
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