Recently, Enrigin Technology, a domestic AI computing power chip company, has completed its Pre-A round of financing. This round was jointly participated by CDH Investment, Longxin Venture Capital, ABT, and Bingosoft. The funds raised will mainly be used for the tape-out of the first chip and the research and development of new product hardware and software.
Enrigin Technology is a fully domestic AI computing power chip company focused on indigenous chip design and manufacturing, aiming to achieve "China's Chip, Made in China." The company has established R&D centers in Beijing, Shanghai, and Hangzhou. The team has a successful track record in developing ultra-large computing power chip products, possesses top-tier domestic advanced packaging design capabilities, and has world-class engineering mass production management experience. It is committed to building a leading domestic and world-class intelligent computing platform and industrial ecosystem.
CDH Investment demonstrated: "In the AI era, the demand for computing power is growing explosively. Computing power chips are the foundation of the AI industry's development. China is currently facing the opportunity to build a trillion-level domestic computing power infrastructure. Against the backdrop of the great power competition between China and the United States, China urgently needs to develop an independent and controllable AI industry chain ecosystem. The core team of Enrigin Technology has experience in the full-process design, mass production, and implementation of multiple generations of AI large chips and is one of the few domestic teams that master advanced packaging design capabilities. Within less than two years of establishment, the company has achieved the tape-out and mass production of its first AI computing power chip. CDH Investment firmly believes in the rise of domestic computing power and is confident that Enrigin Technology will continue to contribute to China's AI industry."
As the legal advisor of CDH Investment, Llinks provided professional legal services for this investment with its rich project experience in the field of investment and financing.
Llinks Engagement Team:
Selena She, Partner
Colin Shi, Partner
Kaycee Wang, Associate