Muxi Integrated Circuit (Shanghai) Co., Ltd. ("Muxi") is a high-tech company focusing on the R&D of the high-performance GPU chips. In August 2021, it announced the completion of A-round financing of 1 billion Yuan, which led by two "State-owned Fund": China State-owned Enterprise Structural Adjustment Fund and China Internet Investment Fund, followed by Matrix China, Holly Capital, Sequoia China, and Lightspeed China continue to invest excessively, Guochuang Zhongding, Smart Internet Industry Fund, Shanghai Science and Technology Innovation Fund, Lenovo Venture Capital, China Merchants Jintai, Fosun Ruizheng, Oriental Fortune, Chuangtuo Investment co-investment, and Light Source Capital acted as the exclusive financial advisor. This financing will further support Muxi's R&D investment in high-performance GPUs and strengthen Muxi's leading position in this field in China.
The project is the fourth financing project that Llinks assisted Muxi with. This round's financing involves 19 investors (16 are new investors and 3 are investors from previous rounds), among which the lead investors are China Internet Investment Fund and China State-owned Enterprise Structural Adjustment Fund Co., Ltd. The project is time sensitive. Our firm assisted Muxi complete the transaction efficiently.
