Recently, AI infrastructure provider InfiniteChip revealed that it has successfully closed a Series A+ funding round, raising close to RMB 500 million. This financing endeavor was spearheaded by Zhuhai Technology Group and Futeng Capital (Yuanchuang Future Fund), with additional support from Huiyuan Capital, Shangqi Capital, and Honghui Fund. Notably, previous investors, including Hongtai Fund, Fortune Capital, Shine Capital & Haitang Fund, Legend Capital, Junlian Capital, Shenwan Hongyuan, Xuhui Sci-Tech Innovation Investment, and Yuanzhi Future, also opted to continue their backing. The newly acquired funds will be predominantly allocated towards bolstering investments in software-hardware integration and multi-architecture heterogeneous technologies. Additionally, the company aims to accelerate the widespread adoption of AI cloud products and AI terminal solutions across various industries, as well as ramp up R&D efforts in intelligent agent infrastructure.
