Yixing Intelligence Unveils Successful Closure of RMB 1.5 Billion Series B Funding
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Author:小编   

Yixing Intelligence has recently declared the triumphant conclusion of its Series B funding phase, amassing a substantial RMB 1.5 billion. This funding endeavor was co-led by a consortium of prominent investors, namely the Beijing Economic-Technological Development Area Industrial Upgrading Fund, the Beijing High-End Manufacturing Development Investment Fund, the Beijing Information Industry Development Investment Fund, and the Beijing Artificial Intelligence Industry Investment Fund. Both existing and new investors, such as Unison Capital and Boli Venture Capital, have further solidified their commitment by increasing their stakes. Additionally, several pivotal ecosystem partners have joined forces in this investment venture.

Yixing Intelligence has outlined its strategic vision for the utilization of the raised funds. The primary focus will be on accelerating the large-scale production and market introduction of its Epoch series products. Furthermore, the company aims to pioneer the development of next-generation flagship offerings, foster a synergistic software-hardware ecosystem, and broaden its global footprint. This comprehensive approach underscores Yixing Intelligence's unwavering dedication to propelling the widespread adoption of RISC-V AI computing chips and computing platforms on a global scale.