YiXing Intelligence completes a 1.5 billion yuan Series B financing, accelerating the large-scale landing of RISC-V AI computing chips and computing platforms.

Recently, Yixing Intelligent announced the completion of a 1.5 billion RMB Series B financing. This round of financing was jointly led by the Beijing Economic and Technological Development Zone Industrial Upgrading Fund, Beijing High-End Industry Development Investment Fund, Beijing Information Industry Development Investment Fund, and Beijing Artificial Intelligence Industry Investment Fund. Existing shareholders such as HeLi Capital, Boqii Venture Capital, Saiyi Industry Fund, Longjiang Fund, Qingtancapital, JiuKun Venture Capital, as well as new shareholders, continue to increase their investments. Yixing Intelligent stated that the funds from this round of financing will mainly be used for the mass production and commercialization acceleration of the Epoch series of products, the research and development of next-generation flagship products, the development of a software and hardware collaborative ecosystem, and the expansion of global markets. The company will continue to promote the large-scale landing of RISC-V AI computing chips and computing platforms.