Fangqing Technology closes A1 funding round at over $1.5B valuation, led by Xu Hui Capital, to support its rapid growth in the AI chip sector.
Round Type
Venture
ShanghaiBiotechnologyArtificial IntelligenceMachine LearningInvestors
Description
Shanghai-based Fangqing Technology has completed its A1 funding round, achieving a valuation exceeding 10 billion yuan. The round was led by Xu Hui Capital and Zhuhai Sci-Tech Industrial Group, with significant follow-on investment from existing backer Junshan Capital. This rapid financing follows a series of three rounds in six months, indicating strong institutional confidence. Fangqing is poised to innovate in the semiconductor sector with its upcoming technology.
Quick answer
FangQing Technology raised an undisclosed amount in a funding round, dated August 3, 2026. Investors: Zhuhai Sci Tech Industrial Group, CICC Capital, Guotai Haitong Creative Investment, Junshan Capital and Xu Hui Capital. FangQing Technology is based in Shanghai, China.
- How much did FangQing Technology raise?
- FangQing Technology raised an undisclosed amount in a funding round on August 3, 2026.
- Who invested in FangQing Technology?
- Zhuhai Sci Tech Industrial Group, CICC Capital, Guotai Haitong Creative Investment, Junshan Capital and Xu Hui Capital are named as investors in this round.
- What does FangQing Technology do?
- FangQing Technology is pioneering a novel AI architecture that separates context-aware and context-free elements within models to improve efficiency in distributed processing.
- Where is FangQing Technology based and how big is it?
- FangQing Technology is based in Shanghai, China.
Source: Fundz verified event record.
Who else raised in Biotechnology and Artificial Intelligence around the same time
Companies in the same sectors as FangQing Technology that raised within 45 days of this round, from Fundz verified event records.
- Polyphron raised $20M (Seed) on September 17, 2026.
- Apex Intelligence raised an undisclosed amount on September 16, 2026.
- Anew Labs raised $290M on September 16, 2026.
- Medow Health raised $2.6M (Seed) on September 16, 2026.
- Corologic raised an undisclosed amount (Seed) on September 15, 2026.
- Mithril Medicine raised $20M (Series A) on September 15, 2026.
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