AI应用公司演语科技（Liblib母公司）于6月18日完成近3亿美元B+轮融资，投后估值超过20亿美元[1]。该公司不自研大模型，而是通过聚合字节跳动等厂商的API，为C端创作者和B端客户提供AI工具与服务。截至2026年5月，公司年度经常性收入（ARR）已达3亿美元，5月集团整体收入同比增长超过3000%[1]。
在产品端的表现中，短剧工具LibTV贡献了超过一半的收入，该产品上线仅两月收入即暴涨13倍[1]。绘画工具Lovart上线五个月后ARR突破8000万美元[1]。创始人陈冕表示"这个时代idea is cheap，judgment才稀缺"[1]，但同时坦言"AI应用毛利率短期内不超过30%"[1]。
然而，公司面临不容忽视的风险。由于缺乏自主模型和定价权，演语科技承受"Token中间商"的质疑，并容易遭受上游价格压力[1]。公司曾在2023年5月因未完成备案被下架，期间补贴大战烧掉300多万美元[1]。2024年初，公司账上仅剩4000元[1]。
Evoken Technology, the parent company of Liblib, completed a Series B+ funding round of nearly $300 million on June 18, achieving a post-investment valuation exceeding $2 billion [1]. The company operates as an AI intermediary, aggregating APIs from providers such as ByteDance rather than developing its own models, and delivers AI tools and services to both individual creators and enterprise clients [1].
The company has demonstrated rapid revenue growth, reaching an annual recurring revenue (ARR) of $300 million by May 2026 [1]. In May alone, the group achieved year-over-year revenue growth exceeding 3,000 percent [1]. LibTV, one of the company's offerings, contributed more than half of total revenue [1], having surged 13-fold in the two months following its launch [1]. Another product, Lovart, reached an ARR of $80 million within five months of launch [1].
Despite its valuation milestone, the company faces structural challenges. As a non-developer of foundational models, Liblib lacks independent pricing power and faces inherent vulnerability to upstream price pressures. Founder Chen Mian acknowledged that AI application gross margins are unlikely to exceed 30 percent in the near term [1]. The company also faced significant operational setbacks previously: it was removed from app stores in May 2023 for failing to complete regulatory filing procedures [1], and after burning through more than $3 million in subsidies during competitive price wars, the company retained only 4,000 yuan in its bank account by early 2024 [1].
