Funding news · Sep 10, 2026
讯兔科技 (Alpha Pai) Raises CNY 300M Series B for AI Investment-Research Tools
讯兔科技 (Alpha Pai) Raises CNY 300M Series B
Shanghai-based fintech 讯兔科技, known internationally as Rabyte Technology, has raised CNY 300 million in Series B funding. The round was announced on September 10, 2026.
What the Company Does
Founded in 2021, Rabyte Technology builds AI-driven financial data and productivity tools for institutional investors. Its core product, Alpha Pai, is an AI investment-research assistant that combines market-information supply chains with large-language-model agents.
The product suite extends beyond Alpha Pai:
- AlphaLink — brokerage research-service management
- AlphaMiner — in-house research collaboration
- PaiWork — an AI research workstation
According to the company, its tools serve more than 6,000 asset-management institutions and tens of thousands of investment professionals.
The Round
| Detail | Value |
|---|---|
| Round type | Series B |
| Amount | CNY 300,000,000 |
| Announced | September 10, 2026 |
No single lead investor was disclosed for the round. The investor group includes:
- Trustar Capital
- GF Xinde Investment
- Qiming Venture Partners
- Zhongding Capital
- China Insurance Investment
- Next Capital (嘉程资本)
- Ambrum Capital (琥珀资本)
Qiming Venture Partners is a returning backer; the company is also backed by Sequoia China and Hillhouse Capital.
Why It Matters for the Category
Rabyte sits at the intersection of two durable institutional-finance budgets: market data and research workflow. Rather than selling a single point solution, the company has assembled a stack that spans external information supply chains (Alpha Pai), brokerage research consumption and management (AlphaLink), internal research collaboration (AlphaMiner), and an analyst-facing AI workstation (PaiWork).
That breadth matters for acquisition-oriented observers. Platforms that already own a slice of the institutional research or data workflow — exchanges, data vendors, brokerage technology providers, or larger financial-software suites — can evaluate Rabyte as a way to consolidate multiple adjacent line items under one AI-native layer. The reported footprint of 6,000-plus asset-management institutions and tens of thousands of professionals suggests meaningful distribution into the buy-side, a segment with high switching costs and recurring data spend.
The LLM-agent angle is also strategically relevant. Investment research is a document- and data-heavy workflow where AI assistants can be positioned as productivity infrastructure rather than a novelty. If Rabyte's agents are embedded in daily analyst workflows through Alpha Pai and PaiWork, the company's value to a strategic buyer lies less in any single model and more in the integration surface it occupies across research creation, distribution, and consumption.
What to Watch
- How the Series B capital is allocated across the Alpha Pai, AlphaLink, AlphaMiner, and PaiWork product lines.
- Whether the company deepens penetration among the 6,000-plus asset-management institutions it already reports serving, or expands into new institutional segments.
- The role of the broad investor syndicate — spanning private equity, brokerage-affiliated investment, insurance capital, and venture funds — in shaping any future strategic path.
With CNY 300 million in new capital and a multi-product footprint across the institutional research stack, Rabyte Technology is a name to track in the AI-for-financial-workflow category.