CATL Leads 800M Yuan Round in Chinese GPGPU Startup Xingyun Integrated

On September 21, according to Yunxi Capital, Beijing Xingyun Integrated Circuit, a Chinese developer of fully self-developed GPGPUs, completed a new funding round of nearly 800 million yuan. The round was led by CATL through its industry investment platform Puquan Capital and its own funds, with Primavera Capital and Cornerstone Venture Capital participating.

The proceeds will be used mainly for product engineering, supply chain preparation and customer delivery to accelerate industrialization. Yunxi Capital served as the long-term exclusive financial advisor.