Recently, EVAS Intelligence Technology (Guangzhou) Co., Ltd. (hereinafter referred to as " EVAS Intelligence") announced the completion of a Series A financing round worth several hundred million yuan.
This round was led by the National SME Development Fund, managed by Orient Fortune Sea, with follow-on investments from existing shareholders including Lion Partners Capital and Volcanics Venture. The funds raised will be used for the mass production of the company's upcoming RISC-V computing chips, market expansion, and the improvement of its software and hardware ecosystem to meet the growing market demand.
Since its establishment at the beginning of 2022, EVAS Intelligence has adhered to a robust development strategy focused on commercial closed loops and customer-driven initiatives. The company has successively developed and mass-produced several edge computing chips in the field of smart automobiles, achieving more than triple sales revenue growth in 2024. Meanwhile, EVAS Intelligence has independently developed a new generation of RISC-V computing architecture—EVAMIND™ and is preparing to launch the mass production of the new generation of RISC-V computing chips. Based upon this product, EVAS Intelligence has established strategic partnerships with several leading customers and secured commercial orders exceeding 1 billion yuan.
As the legal advisor of EVAS Intelligence, Llinks provided professional legal services for multiple financing rounds of the company, leveraging its extensive experience in investment and financing projects.
Llinks Engagement Team:
Selena Shi, Colin Shi, Partner
Lily Yang, Contractual Partner