“XingYun,” a domestic enterprise dedicated to the full in-house development of GPGPU technology, has recently made headlines by announcing the successful completion of multiple rounds of Pre-A and Pre-A+ funding. The total amount raised in this funding spree has surpassed an impressive 400 million yuan. This latest funding round was co-led by prominent investment firms 5Y Capital, SAIF Partners, and Primavera Capital. It also saw follow-on investments from state-owned enterprises based in Beijing, Jiangsu, and other regions, along with contributions from industrial capital sources such as Biwin Storage and GSR Ventures. Additionally, the family offices of founders from GPU companies, including Skyworth Capital, also took part in this funding round. Notably, Cloud Valley Capital has been instrumental in providing services across multiple consecutive rounds and is set to continue its role as the exclusive financial advisor for the upcoming round of funding.
