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EVAS Intelligence secures approximately 2 billion yuan in new financing, achieving a post-money valuation near 150 billion yuan. The round includes 20+ investors including Huatai Innovation and Zhongding Capital.
EVAS Intelligence, a domestic unicorn focused on RISC-V cloud AI computing power chips, has completed a new round of financing with approximately 2 billion yuan in new capital. The round achieved a post-money valuation estimated near 150 billion yuan. The financing was led by a consortium of more than 20 well-known investment institutions including Huatai Innovation, Zhongding Capital, SMIC PE, and others. This follows the company's 1.5 billion yuan Series B financing and strategic investment from China Mobile earlier this year.
Company Information
Company
EVAS Intelligence
About
EVAS Intelligence is a domestic unicorn enterprise focused on RISC-V cloud AI computing power chips. The company has achieved large-scale mass production of its first-generation Epoch computing chip series, which ranks in the first tier of domestic mass-produced products. EVAS Intelligence has built a 64-node orthogonal backplane-free super-node cluster with industry-leading interconnection performance and inference capabilities. The company follows an iterative development rhythm of one new generation per year across chips, interconnection, software, and cluster systems.
Fundz sees it the moment EVAS Intelligence raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.