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

Recently, Yixing Intelligence 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 Advanced Industry Development Investment Fund, Beijing Information Industry Development Investment Fund, and Beijing Artificial Intelligence Industry Investment Fund. Existing and new shareholders such as Heli Capital, Bo Li Ventures, Saiyi Industrial Fund, Longjiang Fund, Qingtan Capital, and Jiukun Ventures continued to increase their investments, with many ecosystem chain leading companies participating in the investment. Yixing Intelligence stated that the funds from this round of financing will be primarily used for the mass production and commercialization acceleration of the Epoch series products, research and development of the next generation flagship products, the construction of a soft and hard collaborative ecosystem, and the expansion of the global market. The company will continue to promote the large-scale landing of RISC-V AI computing chips and computing platforms.