China’s GPU unicorn Enflame Technology gains STAR Market IPO approval；milestone for domestic semiconductor industry development: expert
Summary
Enflame Technology has won approval for its STAR Market IPO, moving it into the final listing stage. The company develops AI chips, AI acceleration cards, intelligent computing systems, and AI computing software platforms. Its growth has been rapid, with revenue rising strongly from 2023 to 2025 and further growth expected in early 2026. The approval signals stronger capital support for China’s domestic GPU and AI chip sector, especially as other GPU unicorns have also moved toward public markets.
Funding
Amount
None
Total raised
Date
June 15, 2026
Announcement date
Investors
Jinhuitong Investment, Shanghai Stock Exchange
Lead investors
Company
enflame-tech.com
Funded company
Classifications
industries
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applications
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