Kuaishou-affiliated AI chip company Lingchuan Technology completes Series A+ financing worth several hundred million yuan

Funding Rounds

Summary

Lingchuan Technology, an AI chip company tied to Kuaishou, has raised several hundred million yuan in Series A+ funding. The company plans to use the capital to develop its next-generation chip, expand production of the SL200 product, and grow overseas markets. Its SL200 chip already powers large-scale deployments across internet companies and supports video encoding, AI inference, and multi-core CPU functions. The company also offers a broader software and hardware stack built around its DiPU architecture and LUCAS platform, with applications in data centers, smart cities, manufacturing, autonomous systems, and transport. The fundraising signals continued investment in AI infrastructure and edge-to-cloud compute platforms.

$ Funding

$
Amount None Total raised
Date June 23, 2026 Announcement date
Investors - Lead investors
Company - Funded company

Classifications

industries
Fintech & Banking
applications
Transportation, Logistics & Inventory

AskAI Classifications

Labels
Payment Software Fleet Management Software Cloud Software

Linked Companies

Newland NPT
$100M to $250M