BlockBeats News, January 22, China’s emerging GPU chip company Sunrise announced the completion of nearly 3 billion yuan in strategic financing. Investors include Huaxu Fund under Sany Group, Paravision Intelligence, Hangzhou Data Group, Zoomlion Robotics, Xin Xin Technology, and other industrial investors, as well as IDG Capital, GGV Capital, Genesis Capital, CICC Capital, PwC Capital, Pinecone Capital, E Fund Capital, ICBC Investment, and other VC/PE institutions. At the same time, it has received support from Chengtong Mixed Reform Fund, Hangzhou Jintou, Hangzhou High-Tech Jintou, and other Chinese state-owned capital backgrounds. The funds will be used for the development of next-generation Inference GPUs, large-scale production, and ecosystem construction.
It is reported that Sunrise was established at the end of 2024, independently spun off from SenseTime’s large chip division. Its slogan is “China’s domestically produced GPU chip company that understands AI better,” emphasizing “top-notch products that are affordable and accessible.”
