The firm's technical strength lies in its underlying design to engineering implementation, as well as software and hardware systems and solutions innovation
Chinese integrated circuit startup Yunsilicon recently announced a pre-Series A financing round worth hundreds of millions of CNY, led by Lightspeed China Partners, with participation by MTM Capital, which is a sub-fund of China Integrated Circuit Industry Investment Fund, and Sky9 Capital, Lieyunwang.com, a tech media outlet, reported.
Existing shareholder IDG capital also participated in the round whose proceeds will mainly be allocated to increase R&D expense on chips and speed up the commercialization of the company's products.
“The rapid development of digital transformation, artificial intelligence and big data applications has driven the rapid growth of computing power demand. As a new generation of important computing power chips, DPU (data processing unit) will promote the innovation of data center infrastructure ,” Zhu Jia, partner at Lightspeed China, said in an interview with Lieyunwang.com.
Zhu added that Yunsilicon's technical strength lies in underlying design to engineering implementation, as well as software and hardware systems and solutions innovation.
Lieyunwang.com also reported that company is expected to continue facilitating the comprehensive upgrade of large-scale data centers and cloud computing infrastructure.
According to its official website, Yunsilicon, founded in May 2021, is a high-tech startup focused on cloud data center ASIC (Application Specific Integrated Circuit) product development and technology innovation.
It is dedicated to building network interconnect ASIC used in large-scale data centers and cloud compute infrastructure to meet the technical challenge presented by the digital and intelligent era.
Yunsilicon’s founding team comprised experts who worked at well-known multinationals and has been focusing on long-term research and development in data center and network domain.
“In the face of the opportunities of the era of ‘strengthening computing with the Internet’ and ‘integrated circuits’ strategies, we will further leverage the product advantages of the integration of chip R&D and application scenarios, continue to rely on rich industrial resources, strengthen technical barriers, actively expand customer ecosystem, and promote product development,” Liu Yongfeng, founder and CEO of Yunsilicon, said. “We are committed to building Yunsilicon into a world-leading network interconnect ASIC company.”