Recently, Lanxin Computing (Shenzhen) Technology Co., Ltd. has made public the news that it has successfully wrapped up a Series A funding round, raising an amount reaching hundreds of millions of yuan. The investors in this round encompass CSC Investment, Haiyuan Capital, Xineng Venture Capital, Chunying Fund, along with several other institutions.
In line with English expression habits, the raised funds will be allocated to expedite multiple aspects. Firstly, it will drive the research and development (R&D) iteration of RISC-V server CPU chips, ensuring continuous innovation and improvement. Secondly, it will facilitate the mass production of these chips, enabling them to reach the market on a larger scale. Thirdly, the funding will contribute to the expansion of the ecosystem surrounding these chips. Through these efforts, Lanxin Computing aims to further cement its leading role in the high-performance intelligent computing chip sector.
