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MAJORChinese Media2026-11-04 02:14

AI Chipmaker Lingchuan Technology Closes 1 Billion Yuan Series B Round

Chinese AI chip company Lingchuan Technology has closed a 1 billion yuan Series B round, led jointly by Yizhuang Guotou Yitang Shenghe Fund, Qiming Venture Partners and Chaohui Capital. The funds will go to next-generation chip research and development and mass production as well as global market expansion. The round matters because it shows continued strong domestic capital support for China’s independent AI chip makers.

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