P
Pragmatik Labs
Core neolabResearch on next-generation agents across digital and physical worlds
Raised, confirmed—1 confirmed round
Valuation, confirmed—none disclosed
Valuation, reported$2B11 Aug 2026 post-money, not confirmed
Founded2026Shanghai, CN
Key facts
| Field | Value | Source · checked |
|---|---|---|
| Classification | Core neolabResearch lab in Shanghai founded by the former technical lead of Alibaba's Qwen models; first round co-led by Gaorong Ventures and HSG with Tencent, reported at about $2B post-money (Aug 2026) | |
| Founded | Aug 2026 | eu.36kr.com Lin Junyang, former technical lead of Alibaba Qwen, officially announced his new entrepreneurial move: he has founded a new AI company named Pragmatik Labs in Shanghaichecked 15 Nov 2026 |
| Headquarters | Shanghai, CN | x.com a life update: i started a new company called Pragmatik (p7k) Labs (语用科技) in shanghai, focusing on the research of next-generation agents across digital and physical worlds.checked 15 Nov 2026 |
| Founders | Junyang Lin | |
| Website | pragmatik.com | pragmatik.com Agents for digital and physical worlds, built to transform work and life.checked 15 Nov 2026 |
| Profiles and work | X @pragmatik_labs | How links are checkedchecked 15 Nov 2026 |
Funding rounds
No round of Pragmatik Labs is confirmed by the company or a regulator. Status rules: methodology.
| Date | Round | Amount | Valuation | Investors | Status | Source · checked |
|---|---|---|---|---|---|---|
| 11 Aug 2026 | Funding round | undisclosed | $2B post-money | Lead: Gaorong Ventures, HSG; Tencent, Shanghai Future Industries Fund | Confirmedsources conflict | X (Junyang Lin, founder) thanks to Gaorong Ventures and HSG (红杉中国 & 高榕创投) for co-leading this round, and to Tencent (腾讯) and Shanghai Engine Fund (上海未来产业基金) for the support.+2 more sourceschecked 15 Nov 2026 |
Notes on these rounds
- 11 Aug 2026 Funding round: The founder announced the round and its investors on 11 Aug 2026 (China: 12 Aug). He did not state the amount or valuation; outlets report several hundred million USD at about $2B post-money, which neither the company nor its backers have confirmed. Gaorong confirmed the funding to Bloomberg, per The Next Web.
People
| Name | Role | Before | Now | Source · checked |
|---|---|---|---|---|
| Junyang LinXLinkedIn | Founder | Alibaba (Technical lead of Qwen models) | Current | x.com a life update: i started a new company called Pragmatik (p7k) Labs (语用科技) in shanghai, focusing on the research of next-generation agents across digital and physical worlds.checked 15 Nov 2026 |
Professional facts from public sources only. How people records are handled.
Commonly cited, checked
Figures and statements about Pragmatik Labs that circulate in lists and summaries, and what the sources support.
| Claim | Finding | Source |
|---|---|---|
| First round of $100M at a $2B valuation | The company did not state an amount or valuation; outlets report several hundred million USD at about $2B post-money, not confirmed by the company. | thenextweb.com Lin did not give a valuation. The Information reported in May that he was seeking several hundred million dollars at $2bn, and neither he nor his backers have confirmed a figure since. |
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