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Tongyong Heterogeneous Intelligent CPU Chip Company, Cixin Technology, completes nearly 1 billion yuan Series B funding
Mars Finance News, March 30 - Universal heterogeneous smart CPU chip company Cixin Technology announced the completion of nearly one billion RMB in Series B financing. This round of financing was led by the Shanghai municipal and district state-owned asset platforms, Shanghai IC Fund and Pudong Venture Capital, with existing shareholders Lenovo Venture Capital, Tongge Venture Capital, and Yuanhe Puhua continuing to invest. The Youyang Ming Fund, Ningbo Vista, Zhikai Capital, Fuzhou Xintou Venture Capital, Fuzhou Rong Investment, Fudan Science and Technology Innovation, and social capital also participated in this round. This financing will primarily be used for the commercialization of existing products at scale and the research and mass production of the next generation of high-performance smart CPU, accelerating the construction of the intelligent terminal ecosystem. (Venture Capitalist CLUB)