Shanghai-based AI-chip startup reportedly completes A1 round at valuation above RMB10 billion

Fangqing Technology (our translation of 昉擎科技) has reportedly completed an A1 financing round at a valuation above RMB10 billion, according to a report published on Aug. 4. The available information does not establish the round size, investor lineup or use of proceeds, so the development should remain framed as reported rather than confirmed. [21st Century […]