China GPU chip developer Iluvatar raises $149m
Iluvatar CoreX, a Shanghai-based designer of chips used in cloud computing, has raised CNY 1bn (USD 149m) across two additional tranches of Series C funding. The first tranche closed on CNY 1.2bn in March 2021.
The first extension was led by Beijing Financial Street Capital and the second by Hopu Investment and Hopu-Arm Innovation Fund. The fund is a joint venture between Hopu and Arm, a leading global designer...
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