Wuxi Mochip Integrated Circuit Secures Hundreds of Millions of Yuan in Series B Funding
14 hour ago / Read about 0 minute
Author:小编   

On August 27th, news emerged that Wuxi Mochip Integrated Circuit Design Co., Ltd. had successfully concluded its Series B funding round, raising hundreds of millions of yuan. This funding initiative attracted strategic investment from industry heavyweights Muxi Inc. and Legend Capital, alongside contributions from market-oriented funds including Guangzhou Baiyun Financial Holdings, Guanghua Financial Holdings (backed by local government funds), and Chenhui Capital. Notably, existing investors such as Tsinghua Holdings Ventures and Yuanhe Capital also bolstered their stakes in the company. The proceeds from this funding round will be earmarked for advancing the research, development, and industrialization of 400G/800G Scale-out smart network interface card chips. Additionally, the company plans to allocate resources towards the deployment of GPU Scale-Up high-speed interconnection chips, thereby addressing critical gaps in China's high-end intelligent computing interconnection landscape.

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