Chuangyebang was informed that recently, Muxi Integrated Circuit (Shanghai) Co., Ltd. (“Muxi”), which focuses on providing high-performance GPU chips and solutions for heterogeneous computing, held a financing closing ceremony and announced the completion of 1 billion yuan Pre-B The round of financing has laid a solid foundation for the mass production of domestic high-performance GPUs, and has taken a big step forward on the road of achieving technological self-reliance and self-improvement.
This round of financing was jointly led by Shanghai Chaos Investment Group and CCTV Financial Media Industry Investment Fund. Shanghai Guosheng Capital, Zhongxin Capital, CCB Technology Innovation, Hexuan Capital, Puchao Capital and other influential institutions in the industry actively participated in the investment. The old shareholders China Internet Investment Fund, Matrix Partners China, and Guochuang Zhongding continued to make additional investments.
Zhang Ying, Deputy Director of Shanghai Economic and Information Commission, Guo Yiwu, Secretary General of Shanghai Integrated Circuit Association, Dr. Hu Shuguang, General Manager of Haitong Creative Capital, Manager of CCTV Financial Media Industry Fund, Zhou Daohong, General Manager of Shanghai Guosheng Capital Management Co., Ltd., and other leaders and The guests attended the ceremony together and witnessed another important milestone in the development history of Muxi together with the company’s founder, chairman and CEO Chen Weiliang.
Group photo of Muxi Pre-B round financing signing ceremony
With its powerful parallel data computing capability and good programmability, high-performance GPU has become a general computing power engine and an important support for the national digital economy. Only by realizing high-performance GPU autonomy and controllability, can the security and autonomy of the national computing power infrastructure be ensured, and a strong computing power guarantee for the development of the national economy can be provided.
Mu Xi thoroughly implements the country’s development concept of “firmly grasping the lifeblood of science and technology in its own hands, and enhancing the independence, autonomy and security of my country’s development”. Relying on the ingenuity and hard work of domestic researchers to overcome key core technologies, in order to solve the security problems of my country’s high-computing chip supply chain, and to empower the upstream and downstream to move towards a higher-end industrial chain, it provides a solid foundation for the country’s steady development of the digital economy. The cornerstone of computing power.
The national team and other investors in this round continue to favor Mu Xi based on multiple considerations. On the one hand, Muxi is helmed by a fully-organized team with domestic top configuration and verifiable successful experience. It has been fully responsible for the development and application of more than 10 world-class high-performance GPU products, and has mastered the core intellectual property rights and complete software of independent research and development. ecological capability. With an experienced full-organization team, excellent product execution and independent innovation ability, Muxi has the hard core strength, which can effectively promote the self-reliance and self-improvement of my country’s science and technology and form a new advantage in international competition.
On the other hand, Muxi has maintained a high-speed and steady growth since its establishment, showing a strong talent appeal, industrial resource aggregation, product R&D execution and industrial ecological upstream and downstream layout capabilities. The “national team” and first-line institutions have successively placed heavy positions on Mu Xi, which reflects the high recognition of Mu Xi’s achievements from all walks of life in the industry, as well as the full recognition of the company’s development prospects.
Zhang Ying, Deputy Director of Shanghai Municipal Commission of Economy and Information Technology, delivered a speech
Zhang Ying, deputy director of the Shanghai Municipal Commission of Economy and Information Technology, delivered a speech: “Congratulations to Mu Xi on completing the Pre-B round of strategic financing! I look forward to Mu Xi riding the wind and waves in the journey of domestic high-performance GPU chip research and development and mass production, making steady progress for Shanghai’s digital economy. Contribute to high-quality development!”
Shanghai Chaos Investment Group said: “Computing power is the core infrastructure in the era of artificial intelligence. GPUs with both high performance and versatility are the most important computing power components and have broad development space. We believe that the localization of high-performance GPUs has made breakthroughs. It will be of great significance. Muxi is composed of a top-level established team with practical experience in the successful R&D and mass production of scarce large chips. We hope that the Muxi team can continue to promote a complete product ecology based on solid and rich technology and experience, and break through foreign countries. The monopoly of manufacturers in this field has made it a leader in domestic self-controllable high-performance GPU chips.”
Dr. Hu Shuguang, general manager of Haitong Creative Private Equity Fund Management Co., Ltd., manager of CCTV’s financial media industry investment fund, is optimistic about the market prospects of high-performance GPUs and the explosive potential of Muxi. Dr. Hu said: “As a local GPU chip design company in China, Muxi has created a complete and established first-class R&D team aiming at the development needs of the digital economy and industrial trends, and has independent knowledge in the R&D and design of heterogeneous computing systems. The proprietary high-performance general-purpose GPU chip is expected to provide key computing power for digital infrastructure in the era of big data and AI.
Driven by the domestic replacement process and the national project of “East Number and West Calculation”, Muxi’s products are expected to be applied in digital economy scenarios such as supercomputing centers, big data centers and cloud computing, providing artificial intelligence applications, cloud computing and other digital economy scenarios. Computing and Big Data Services provide “China Core” acceleration solutions. “
China Internet Investment Fund said: “my country has fully launched the ‘East and West Calculation’ project under the background of ‘new infrastructure’. The AI supercomputing center focuses on training tasks. The characteristics of strong computing power, high power consumption and weak delay fit the western region. The functional positioning of the hub, among which, the general-purpose GPU, as an important part of the computing power infrastructure, has entered the stage of deepening application.
Muxi focuses on the design of high-performance general-purpose GPU chips with independent intellectual property rights. Since the completion of the A round of financing, the research and development capabilities have been continuously enhanced, and the cooperation resources of the industrial chain have been continuously expanded, resulting in rapid and steady development. China Network Investment hopes to continue to empower Mu Xi’s future growth, and also expects Mu Xi and China Network Investment to form a coordinated layout in the fields of artificial intelligence, cloud computing, basic software and hardware, and jointly promote the construction of industrial ecology and create greater value. . “
Zhou Daohong, general manager of Shanghai Guosheng Capital Management Co., Ltd., manager of Guosheng Chuanhe Fund, said: “In the era of digital economy, computing power is productivity and a manifestation of comprehensive national strength. Globally, the high-performance GPU market based on computing power is growing rapidly and has broad prospects. , is also a key area for military strategists in the international arena.
Muxi is committed to the development and design of high-performance GPU chips with independent intellectual property rights, creating a new benchmark for computing power platforms, and helping my country’s digital economy develop by leaps and bounds. Guosheng Capital is committed to contributing capital to new economic growth points and igniting innovation engines. It has strategically deployed a large number of projects in the field of digital economy, covering the entire industry chain and life cycle, forming an ecology of a virtuous circle of industry, innovation and capital.
Guosheng Capital is interested in Muxi’s core capabilities in ensuring high-performance GPUs from research and development to productization, self-developed IP, etc., and hopes to accompany the Muxi team to explore the road of innovation and achieve their dreams. Capital + innovation, hand in hand to the future! “
Wang Baozhu, partner of Zhongxin Capital, said: “With the rapid development of new infrastructure, digital transformation, artificial intelligence, cloud computing, etc., the demand for high-performance large-scale computing chips is increasing, and mainland China is still in the catch-up stage in this field. .Muxi has a relatively complete R&D team in the industry. Since its establishment, it has been low-key and pragmatic, down-to-earth, and has developed rapidly. Zhongxin Capital participated in this round of investment in Muxi, and continued to invest through the industry chain, systematically deploying high-performance processing industry ecology, and other investments Institutions and partners work together to help Muxi become a backbone in the field of high-performance processors and solutions in China.”
Wang Huadong, partner of Jingwei China, said: “The Muxi team led by Chen Weiliang is a very rare team with high-performance GPU and GPGPU product R&D experience and capabilities. After the establishment of Muxi, the research and development has been carried out smoothly, and products with high performance indicators will be launched in the near future. This Pre-B round of Muxi continues to receive support from state-level capital, and Matrix Partners China has over-invested, and we expect Muxi to not only mass-produce core products quickly, but also further lead the development of domestic high-performance GPU and GPGPU ecosystems.”
Zhang Menghan, managing partner and president of Hexuan Capital, said: “GPU chips are the basis of computing power for applications such as artificial intelligence and cloud computing, and play an important role in the new generation of information technology revolution. However, GPU chips have high technical thresholds and difficult research and development. , has long been monopolized by overseas companies such as Nvidia and AMD.
Mu Xi has a highly-scarce established team. The core personnel have about 20 years of industry experience. In the past, he has led the tape-out and mass production of more than ten high-performance GPU chips, and has deep accumulation in hardware and software. It is expected that Muxi will make breakthroughs in product development and commercialization in the future, realize the domestic replacement of high-performance GPUs, and fill the gap in this field in China. “
Jiang Yifeng, Managing Director of Guochuang Zhongding, said: “I am very pleased that Muxi’s excellent performance can attract investors with differentiated backgrounds to participate in a new round of investment, and can achieve a coordinated financing rhythm and business development to promote each other. Zhongding is very happy to continue to participate in this round of financing of Mu Xi, hopes to grow together with Mu Xi, and looks forward to another milestone in the success of the company’s tape-out in the second half of the year.”
CCB Tech Innovation Suzhou Fund said: “At present, artificial intelligence, big data, and cloud computing are driving the surge in data volume, and the global demand for high-performance GPUs continues to grow. However, the research and development of high-performance GPUs and engineering barriers are extremely high. The country needs to get rid of this problem. external dependence in the field.
We believe that Muxi has a top-notch fully-organized team in the industry who has worked together for many years, with rich experience in mass production, and has the opportunity to truly achieve domestic substitution in the field of high-performance GPUs. CCB Techchuang looks forward to seeing Mu Xi grow into a top IC design company in China and even in the world, and hopes to accompany the company to grow together. “
Li Liwei, the founding partner of Puchao Capital, said: “In this investment in Muxi Integrated Circuit (Shanghai) Co., Ltd., we attach great importance to Muxi’s complete and experienced team, strong R&D and management capabilities, and the top GPU in the world. The experience of cooperating with chip companies to design and mass-produce multiple high-performance GPUs. The company has achieved independent innovation in core technology in the field of GPU chip design, and has a complete system of multiple forward-looking chips in combination with industry trends and application scenarios. The mass production of chips can improve the domestic independent and controllable industrial ecology and meet the rapidly increasing market demand for high-performance computing.”
Chen Weiliang, founder, chairman and CEO of Mu Xi, delivered a speech
Chen Weiliang, founder, chairman and CEO of Muxi, said: “There is no shortcut to core manufacturing, and the development of domestic high-performance GPUs is a long way to go. Along the way, Muxi is very fortunate to have the support and favor of many partners! The completion of the Pre-B round of financing will To further help the research and development and commercialization of Muxi’s high-performance general-purpose GPU products. Muxi will always be down-to-earth to build a first-class high-end GPU chip application ecosystem, which will not only provide strong computing power support for domestic economic development, but also go global and serve global customers. Promote the development of China’s technology industry to a new level.”
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- 2022-07-05 “Muxi” completed 1 billion Pre-B round of financing, laying a solid foundation for the mass production of domestic high-performance GPUs
- 2021-08-25Mu Xi completed 1 billion A round of financing
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