ThinkForce Raises RMB450M in Series A Funding

ThinkForce, a Shanghai, China-based startup company specializing in Artificial Intelligence (AI) semiconductor chips, raised RMB450m in Series A funding.

Backers included YITU Tech, Yunfeng Fund, Sequoia Capital and Hillhouse Capital.

The company intends to use the funds to continue to expand operations and develop its solutions.

Founded by experts from silicon design, software algorithm and system development in 2017, Shanghai ThinkForce Electronic Technology Co. Ltd is an AI Chip R&D and manufacturing company which aims to provide intelligent semiconductors with AI algorithms and based on the semiconductor process technology “ManyCore” architecture.



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