Physix Frontier · News Briefing Card (TMTPost · Oct 13, 2026)

Ex-SenseTime VP Liu Gang's Feiyu AI raises over $10M in three months

KEY FACTS

  • Feiyu AI closed seed and angel rounds within three months of founding, raising over $10 million combined.
  • The angel round was co-led by Jinqiu Fund and the Hong Kong High-Talent Venture Capital Fund.
  • In its first quarter, the company landed an enterprise customer that paid for the full agent platform, and the customer placed an additional order after one month of use.
  • That customer's daily agent token calls grew fivefold in two months, with a 92.5% activity rate over 30 consecutive days.
  • Founder Liu Gang was SenseTime Group's first vice president and commercialization head, leading revenue past 1.5 billion yuan.

KEY DATA

Over $10 millionCumulative funding
5x in 2 monthsToken call growth
92.5%30-day consecutive activity rate
Over 1.5 billion yuanRevenue led at SenseTime

PHYSIX OBSERVATION

Enterprise AI is shifting from renting models to private deployment, and Feiyu AI is betting on a full-stack route, using its first customer's add-on purchase and activity data to prove the demand is real. But private deployment easily sinks into a project-based quagmire; whether it can standardize and scale its customization capability is what sets it apart from systems integrators.

Source: TMTPost report