Fundz

Moffett AI has raised nearly 1 billion Yuan in Series C funding, led by top investors to advance its sparse computing AI chips.

PRIVATEMay 28, 2026

Amount Raised

¥1 Billion

Round Type

Series C

ShanghaiHardwareArtificial Intelligence

Investors

Shenzhen Capital Group

Description

Moffett AI has successfully raised nearly 1 billion Yuan in a Series C funding round. The funds will be used to enhance the development of their innovative sparse computing AI chips. This significant capital injection will help accelerate the company's growth and product development. The round was led by several prominent investors.

Quick answer

Moffett AI raised ¥1 Billion in a Series C round, dated May 28, 2026. Investors: Shenzhen Capital Group. Moffett AI is based in Shanghai, Shanghai, China.

How much did Moffett AI raise?
Moffett AI raised ¥1 Billion in a Series C round on May 28, 2026.
Who invested in Moffett AI?
Shenzhen Capital Group is named as investors in this round.
What does Moffett AI do?
Moffett is building the world’s next generation AI computation platform, from ground up.
Where is Moffett AI based and how big is it?
Moffett AI is based in Shanghai, Shanghai, China.

Source: Fundz verified event record.

Who else raised in Hardware and Artificial Intelligence around the same time

Companies in the same sectors as Moffett AI that raised within 45 days of this round, from Fundz verified event records.

  • SambaNova raised $1B (Series F) on July 8, 2026.
  • QOSMIC raised $3.3M (Seed) on June 24, 2026.
  • Upscale AI raised $190M (Series A) on June 22, 2026.
  • HyperLight raised $80M (Series C) on June 19, 2026.
  • Vobiz.ai raised $1M (Seed) on June 6, 2026.
  • Fathom raised an undisclosed amount on May 5, 2026.

Who to call at Moffett AI, and when

A new round usually means Moffett AI is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Moffett AI

Location

Shanghai, Shanghai, China

About

Moffett is building the world’s next generation AI computation platform, from ground up. We pioneer in deep learning algorithms and build computation platform that the world has never seen - powerful, fast and extremely energy efficient.

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Moffett AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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