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Pragmatik Labs

PL
AIShanghai, ChinaFounded 2026Website
#412 by valuation

Pragmatik Labs presents itself as an agent company working on reasoning, tool use, environment interaction, and long-horizon task execution, with two stated business lines: digital agents for knowledge work and physical agents for real-world environments. The website and reporting emphasize agentic systems that call tools, take actions, and adjust based on feedback rather than simply scaling static foundation models. No product has been announced and the company has disclosed no users, revenue, or go-to-market metrics to date. Founder Lin Junyang, formerly Qwen’s technical lead at Alibaba and the organizer of a robotics and embodied intelligence team there, controls most of the company’s equity through related entities. External investors hold roughly 12% of the domestic operating company. The company is based in Shanghai and faces investor expectations to deliver a product to justify its $2 billion angel-stage valuation.

Founded by Junyang Lin (Founder)

Blended valuation$2B
Valuation history
Weekly blended valuation with priced funding rounds marked on the timeline.
$2B
blended valuationfunding round
Aug 10, 2026$2BOct 5, 2026
All rounds
1 funding rounds, newest first.
RoundAnnouncedRaisedPost-money
SeedAug 12, 2026$220M$2B
Investors
4 investors across all rounds.
  • GC
    Gaorong Capital
  • SC
    Sequoia Capital
  • TE
    Tencent
  • SF
    Shanghai Future Industry Fund

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Data as of Oct 14, 2026. Valuations are estimates blended from primary and secondary-market signals — not investment advice.