At the beginning of 2025, investment enthusiasm in the field of AI programming has reached another peak. Xinyan Yima, an AI Coding application company founded by Ming Chaoping, the former overseas product manager of Dark Side of the Moon, has successfully completed two rounds of financing with its innovation in improving programming efficiency and code quality, with a valuation of 80 million US dollar, causing widespread concern in the industry. Its core products directly benchmark the US Cursor and are committed to using artificial intelligence technology to innovate the software development process. It has attracted investments from well-known US dollar funds such as Wuyuan Capital, Gaorong Capital, Zhen Fund, Hillhouse Venture Capital and IDG Capital.
At the beginning of 2025, the field of AI programming has once again become the focus of investors' attention. A start-up company called Xinyan Yima recently announced that it has completed two rounds of financing, attracting the favor of many US dollar funds. The company was founded by Ming Chaoping, the former overseas product manager of Dark Side of the Moon, and its current valuation has reached US$80 million. With the continuous expansion of the AI application market, Xinyianma has quickly attracted widespread attention both inside and outside the industry with its innovations in the field of programming assistance.
Ming Chaoping's background is remarkable. He once served as the product manager of ByteDance’s Jiuying APP, and was later responsible for the product development and operations of Noisee in Dark Side of the Moon. With his rich industry experience, Ming Chaoping has conducted in-depth explorations in the application of AI technology, laying a solid foundation for the creation of Xinyan Yima. The core business of New Word Code is AI Coding application, which aims to improve programming efficiency, reduce errors, and optimize code quality through artificial intelligence technology, directly benchmarking the American intelligent code generation product Cursor.
In terms of investment, Xinyan Yima's financiers are all well-known US dollar funds, such as Wuyuan Capital, Gaorong Capital, Zhen Fund, Hillhouse Venture Capital and IDG Capital. The participation of these investors not only enhances the market recognition of the project, but also reflects the fierce competition in the current AI Coding field. Industry expert Wang Sheng said that as the market demand for AI programming applications continues to increase, many top founders have chosen this direction to start their own businesses, further promoting the popularity of the project.
As an emerging field, AI Coding has broad prospects for future development. Industry observers point out that the introduction of AI technology will help programmers improve their work efficiency, and it is expected that more startups will emerge in this track. However, competition in the domestic market is also intensifying, and Internet giants are actively deploying in this field, which has brought considerable challenges to start-up companies.
The rise of Xinyinma not only demonstrates the application potential of AI technology in the field of programming, but also reflects investors' optimism for this innovative business model. As technology continues to evolve, AI programming will be able to achieve a higher level of intelligence in the future and help revolutionize software development.
The successful financing of Xinyanyima heralds the vigorous development and huge potential of the field of AI programming, and also sets a new benchmark for the application of domestic AI technology. In the future, as technology continues to mature and market demand continues to grow, the field of AI programming will usher in broader development prospects. This is also an encouragement to domestic AI startups, indicating that more innovations and breakthroughs are coming.