Huixi Technology Secures Series B Financing to Advance AI Chip Development
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- TechNode.com
Huixi Technology, a Chinese robotics chip manufacturer, announced the completion of Pre-Series B-plus and Series B financing on October 22. The funding round was led by the Beijing Artificial Intelligence Industry Investment Fund, with contributions from the Beijing Robotics Industry Development Investment Fund, Hidden Hill Capital, and other investors, including existing shareholders Shunwei Capital and Cathay Capital.
This financing is significant as it will enable Huixi to develop a new generation of high-performance chips tailored for embodied AI applications and expedite commercial deliveries. The company is known for its R1 AI system-on-chip and Huixi Embodied computing platforms, which integrate processors with software for effective model deployment, simulation, and real-time control.
Huixi Technology reported that its total equity financing for the year has surpassed RMB 2.5 billion. The company aims to leverage this funding to enhance its computing platform, which is already utilized in AgiBot’s Genie G2 robots. No further timeline was disclosed at the time of publication.
Original report
Robot chipmaker Huixi completes Series B financing led by Beijing AI fund
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