Where is Qwen located?

Qwen is headquartered in Hangzhou, China.

Where does Qwen rank among its competitors?

Qwen ranks 7th amongst 258 active competitors, of which 23 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Oumi, which secured $10M in Jan, 2025.

Who are the top competitors of Qwen?

Qwen's top competitors include Hugging Face, Replicate and Flower. Among them, Oumi secured the most recent funding round in January, 2025.

Qwen - 2026 Company Profile & Competitors

Qwen is an unfunded company based in Hangzhou (China), founded in 2023. It operates as a Platform providing a comprehensive range of multimodal perception solutions. Qwen has not raised any funding yet. The company has 258 active competitors, including 23 funded and 9 that have exited. Its top competitors include companies like Hugging Face, Replicate and Flower.

Company Details

Platform providing a comprehensive range of multimodal perception solutions. It is a family of advanced open-source large language models developed by Alibaba Cloud, designed for versatile AI applications including natural language processing, coding, multimodal tasks (text, images, audio), and complex reasoning.

Key Metrics

Founded Year

2023

Location

Hangzhou, China

Stage

Unfunded

Ranked

7^th among 258 active competitors

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Qwen has not raised any funding rounds yet.

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Top competitors of Qwen include Hugging Face, Replicate and Flower. Here is the list of Top 10 competitors of Qwen, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Hugging Face 2016, Paris (France), Acquired	Platform offering collaborative tools for sharing and deploying machine learning models	$400M	Lux Capital, Salesforce & 35 others	80/100
2nd	Replicate 2018, Berkeley (United States), Acquired	Provider of a cloud-based open-source platform for machine learning models	$57.8M	Andreessen Horowitz, Y Combinator & 9 others	70/100
3rd	Flower 2023, Hamburg (Germany), Series A	ML framework for federated learning	$24.1M	Felicis Ventures, Y Combinator & 7 others	62/100
4th	Outerbounds 2021, San Francisco (United States), Acquired	AI-based open-source machine learning platform	$24M	Amplify Partners, Foundation Capital & 4 others	60/100
5th	Oumi 2024, Seattle (United States), Seed	Open-source AI platform for model development and deployment	$10M	Obvious Ventures, Venrock & 2 others	57/100
6th	Giotto Technologies 2017, Switzerland, Acquired	Developer of reasoning technology designed to advance artificial general intelligence	$5.02M	Faster Capital, Park House Partners	56/100
7th	Qwen 2023, Hangzhou (China), Unfunded	Platform providing a comprehensive range of multimodal perception solutions	-	-	52/100
8th	All Hands AI 2024, Pittsburgh (United States), Seed	Open-source software development agent	$5M	Menlo Ventures, Pillar VC & 6 others	51/100
9th	PyTorch 2016, San Francisco (United States), Acquired	Open source machine learning framework accelerating research and production deployment	-	-	50/100
10th	Streamlit 2018, San Francisco (United States), Acquired	Provider of a Python app framework for machine learning and data science applications	$62M	Gradient Ventures, Notable Capital & 9 others	48/100