Express

Chinese emerging GPU chip company Sunrise completes nearly 3 billion yuan strategic financing, with IDG Capital and Gaorong Capital participating

Summary: According to reports, Chinese emerging GPU chip company Sunrise has announced the completion of nearly 3 billion yuan in strategic financing. Investors include Huaxu Fund under Sany Group, Fan Shi Intelligent, Hangzhou Data Group, Zhengda Robotics, Xinxi Technology, as well as IDG Capital, Gaorong Capital, Wuji Capital, Zhongjin Capital, PwC Capital, Songhe Capital, E Fund ...

According to reports, Chinese emerging GPU chip company Sunrise has announced the completion of nearly 3 billion yuan in strategic financing. Investors include Huaxu Fund under Sany Group, Fan Shi Intelligent, Hangzhou Data Group, Zhengda Robotics, Xinxi Technology, as well as IDG Capital, Gaorong Capital, Wuji Capital, Zhongjin Capital, PwC Capital, Songhe Capital, E Fund Capital, ICBC Investment and other VC/PE institutions. The company has also received support from Chengtong Mixed Reform Fund, Hangzhou Jintou, Hangzhou High-tech Jintou and other Chinese state-owned capital backgrounds. The funds will be used for the research and development, mass production, and ecosystem construction of the next-generation inference GPU. Sunrise was established at the end of 2024, spun off independently from the large chip department of SenseTime. The company's slogan is 'China's domestic GPU chip company that understands AI better', emphasizing top products that are affordable and practical.

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