Shanghai Denglin Technology Co., Ltd. (登临科技), a general-purpose GPU developer, has recently completed its C round of financing. The specific amount has not been disclosed.
Denglin Technology is a leading company in high-performance and general-purpose computing. Founded at the end of 2017, it focuses on chip R&D and technological innovation for high-performance general-purpose computing platforms. It is the first domestic GPU company to achieve large-scale commercial implementation. The company's self-innovated GPU+ (a software-defined on-chip heterogeneous computing architecture based on GPGPU), on the basis of programming models and software ecology compatible with CUDA/OpenCL, perfectly solves the problem of versatility and high efficiency through architectural innovation.
Goldwasser, the first innovative AI computing accelerator based on GPU+ of Denglin Technology, is also the first large-scale mass-produced GPGPU high-performance general-purpose artificial intelligence accelerator in China. This product has been used in various application scenarios from edge to cloud computing and has successfully filled the gaps in technology, products, and business in the field of high-performance GPGPU in China.
According to Verified Market Research data, the global GPU industry market size in 2021 will be USD 33.47 billion. It is expected to reach USD 477.37 billion in 2030, and the compound annual growth rate from 2021 to 2030 is expected to reach 34.4%. As the demand for high-end software office users, games, and e-sports users continues to increase, the proportion of independent GPU demand continues to increase.
Li Jianwen (李建文), the founder of Denglin Technology, and Wang Ping (王平), the co-founder of Denglin Technology, both studied at Tsinghua University. Yang Jian (杨剑), the vice president of global operations, was the vice president of Huawei's (华为) global supply chain. His R&D team has long-term experience in GPU R&D and commercial productization. Denglin Technology currently has seven R&D centers in Silicon Valley, Chengdu, Hangzhou and other cities.
GPU has attracted a lot of companies. The representative companies in China include ASUS (华硕), Colorful (七彩虹), GALAX (影驰), and MSI (微星); internationally, Intel, AMD, and NVIDIA in the United States, Imagination Technologies in the UK, and SiPearl in France are all quite powerful.
The investor of Denglin Technology's latest financing round is the China Internet Investment Fund (中国互联网投资基金) jointly initiated by the State Cyberspace Administration of China (国家网信办) and the Ministry of Finance (财政部). Previously, Denglin Technology had received five rounds of investment. The funds obtained from this round of financing will be used for the R&D and technological innovation of Denglin Technology’s full-matrix products, providing a guarantee for the large-scale mass production and commercialization of Denglin’s new generation of Goldwasser.