GPU chip manufacturer Sunrise has recently made headlines by announcing the successful completion of a strategic financing round, raising nearly RMB 3 billion. This significant investment round attracted a diverse array of investors, encompassing industrial backers such as Huaxu Fund (affiliated with Sany Group) and prominent venture capital/private equity firms like IDG Capital.

The capital raised in this latest financing will be strategically allocated towards the research and development, large-scale production, and collaborative ecosystem development of Sunrise's next-generation inference GPUs. Established in 2020, Sunrise originated as the large-scale chip division of SenseTime and has since earned the reputation of being the "GPU chip company with a deeper understanding of AI."

The company's core team boasts a wealth of complementary skills and expertise. Co-CEO Wang Yong brings to the table two decades of experience in chip research and development, having overseen the R&D and mass production of two successive chip generations. Meanwhile, the other co-CEO, Wang Zhan, a founding member of Baidu, embarked on a new entrepreneurial journey with Sunrise at the dawn of 2025.