On October 19, according to Gaohu Capital, Mingxin Qirui completed Series A financing of over 400 million yuan. This round of financing was led by Boyuan Capital, followed by Bosch Venture Capital, MihaTour, Zhongguancun Science City Company, and Zhaoyi Innovation. The old shareholders, Huirong Venture Capital, Hengyu Capital, Jinqiu Fund, Shunxi Venture Capital, Xiaomi Battle Investment, and Zhongke Innovation Stars continued to raise their investment. This round of financing will mainly be used for the industrialization and commercialization of RRAM and the research and development of new LPU products. Gao Hu Capital acted as the exclusive financial advisor for subsequent rounds. MemSilicon also announced that Lu Tao, former president of Graphcore and general manager of Greater China, has joined the team as CEO and co-founder.
Zhitongcaijing · 2d ago
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On October 19, according to Gaohu Capital, Mingxin Qirui completed Series A financing of over 400 million yuan. This round of financing was led by Boyuan Capital, followed by Bosch Venture Capital, MihaTour, Zhongguancun Science City Company, and Zhaoyi Innovation. The old shareholders, Huirong Venture Capital, Hengyu Capital, Jinqiu Fund, Shunxi Venture Capital, Xiaomi Battle Investment, and Zhongke Innovation Stars continued to raise their investment. This round of financing will mainly be used for the industrialization and commercialization of RRAM and the research and development of new LPU products. Gao Hu Capital acted as the exclusive financial advisor for subsequent rounds. MemSilicon also announced that Lu Tao, former president of Graphcore and general manager of Greater China, has joined the team as CEO and co-founder.
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