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Meituan leads pre-A+ funding for Chinese chip startup Zhixin

Shanghai-based chip startup Lingrui Zhixin Computing Technology, has raised several hundred million yuan in a pre-series A+ funding led by Meituan Strategic Investment, the company said.

Other investors included a JD.com-affiliated fund, Cheers Fund, Junxi Capital, SenseTime Guoxiang Capital, Shangqi Capital, SAIC’s corporate venture capital arm, Amber Capital, Sangfor Technologies’ industrial investment fund, and existing shareholders.

The company said it develops its own high-end RISC-V CPU cores, agent CPUs, and domain-specific processors.

Yijing Capital also lists Lingrui Zhixin in its frontier portfolio.

China was preparing a national policy to expand adoption of RISC-V in March 2025, as the open instruction set architecture that gained traction globally.

🔗 Source: Jiemian

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