Startup profile for DiffuSpace: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.

Startup profile · funding coverage

DiffuSpace funding, valuation and investors

Chinese diffusion-language-model startup behind open-weight Clover-35B-A3B-Preview and the Dream research lineage.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Two rounds announced together (tranche dates and amounts undisclosed)

Several hundred million CNY in aggregate; near CN¥500M per unnamed sources · October 9, 2026

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

Not publicly disclosed

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

Stage not recorded · Shenzhen, Guangdong, China

Investors in latest funding

Lead: Matrix Partners China , Shunwei Capital , Legend Capital

Other: CAS Star , Huawei Hubble Investment , Horizon Robotics

Sources: latest funding · chinaventure.com.cn Last verified: 2026-11-13

Overview

DiffuSpace was founded in Shenzhen in May 2026 by researchers from the University of Hong Kong NLP group associated with Dream 7B. Chinese media reported on October 9 that the company had completed two financing rounds co-led by Matrix Partners China, Shunwei Capital and Legend Capital, with aggregate funding near CN¥500M according to anonymous investor sources; no exact figures were company-disclosed.

On October 30 it released the open-weight Clover-35B-A3B-Preview, a block-diffusion 35B-total/3B-active MoE language model. The team reports 680 tokens/s on a single NVIDIA GB300 on its own agent workload, not independently established throughput across tasks.

Why DiffuSpace is interesting

A direct diffusion-text-generation competitor to Inception and Zyphra. Following its October 2026 financing disclosures, DiffuSpace released Clover-35B-A3B-Preview with downloadable Apache-licensed model weights. Company benchmarks show promising speed and coding performance but need outside replication.

Product & use cases

Clover-35B-A3B-Preview, an Apache-licensed open-weight block diffusion language model with 35B total / 3B active parameters, thinking mode and code/tool-use support. Weights and code on Hugging Face/GitHub, with SGLang and llama.cpp support; earlier Dream 7B work predates DiffuSpace's formation.

Key facts

  • Two financing rounds disclosed October 9, 2026; exact company-confirmed amount undisclosed
  • Core investors: Matrix Partners China, Shunwei Capital and Legend Capital
  • Clover-35B-A3B-Preview released October 30, 2026; open weights, 35B total / 3B active
  • Company reports 73.6 SWE-bench Verified and 680 tokens/s on GB300; independent verification pending

Funding history (newest first)

Two rounds announced together (tranche dates and amounts undisclosed)

2026-10-09 Several hundred million CNY in aggregate; near CN¥500M per unnamed sources
  • Matrix Partners China (lead)
  • Shunwei Capital (lead)
  • Legend Capital (lead)
  • CAS Star (participant)
  • Huawei Hubble Investment (participant)
  • Horizon Robotics (participant)

Source: Read source · chinaventure.com.cn

Competitive landscape

Edge: Unlike a pure research proposal, Clover offers public weights for third-party testing. The company's reported 680 tokens/s is specific to one GB300, BF16, batch-one agent workload and cannot be compared directly with models on different GPUs.

The October 30, 2026 Clover release creates a more testable product milestone than previously disclosed. The company's 73.6 SWE-bench Verified and 680 tokens/s claims remain self-reported. The company is developing block diffusion, not Stanford's NCM; the two October financing tranches remain undisclosed separately.

  • Inception Labs direct

    Commercial US diffusion-model company.

  • Google DeepMind incumbent

    Gemini Diffusion research program.

Market / IPO context

Editorial / static context — not a live quote.

FAQs about DiffuSpace

Practical answers founders, operators, and investors typically search for.

Two rounds reportedly totaled several hundred million yuan; Chinese journalists cited sources suggesting close to CN¥500M. Exact round amounts were not disclosed.
Matrix Partners China, Shunwei Capital and Legend Capital were named as joint leaders, with CAS Star, Huawei Hubble Investment and Horizon Robotics participating.

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.