# MetaX: valuation, funding, and the secondary tape

## The short version

- Last priced round: $596.00M at $5.90B post-money.
- New-money stake: 10.1%.

| instrument | value | as of | source |
|---|---|---|---|
| Claimed valuation | n/a |  | graph |
| Last priced round (filed/seeded) | $596.00M @ $5.90B post | 2025-12-17 | [source](http://static.cninfo.com.cn/finalpage/2025-12-16/1224879165.PDF) |
| Napkin: new-money stake | 10.1% ($596.00M of $5.90B) | 2025-12-17 | [source](http://static.cninfo.com.cn/finalpage/2025-12-16/1224879165.PDF) |


## Recent milestones

- 2025-12-17 - [MetaX (沐曦) listed on STAR Market 688802 Dec 17 2025: IPO ¥104.66 x 40.01M shares raising ¥4.2B (~US$596M) at ~¥41.9B post-issue cap. FY2024 ](http://static.cninfo.com.cn/finalpage/2025-12-16/1224879165.PDF)
- 2025-12-17 - [MetaX debut +693% on day one (closed ¥829.9 vs the ¥104.66 offer) with 4,000x+ retail oversubscription — the META-X-860 GPU maker now trades](https://www.reuters.com/world/asia-pacific/chinese-ai-chipmaker-metax-shares-jump-nearly-600-market-debut-2025-12-17/)

[marks](https://data.somen.ai/marks) | [napkin](https://data.somen.ai/napkin) | [scorecard](https://data.somen.ai/scorecard) | [all companies](https://data.somen.ai/companies)

*Derived from the SOMEN graph at render time. The arithmetic cannot lobby you.*