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Recently, Mingxin Qirui made a public announcement regarding the successful conclusion of its Pre-A funding round, having raised an impressive sum exceeding RMB 100 million. This significant financing endeavor was spearheaded by China Development Bank Venture Capital and Legend Capital, with additional contributions from Zhongxin Juyuan, Shunxi Fund, and Hengyu Investment acting as subsequent investors. Moreover, current stakeholders, namely Zhongke Chuangxing and Xiaomi Strategic Investment, opted to further augment their holdings. The newly acquired funds are earmarked for advancing the research and development of RRAM's core technologies, bolstering the talent pool, facilitating the large-scale commercial production of RRAM technology products, and expediting the deployment and utilization of in-memory computing technology.
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