Shanghai Integrated Circuit Industry Investment Fund Invests in C-Core Technology
CiXin Technology, a Shanghai-based integrated circuit company, has received an investment from the Shanghai Integrated Circuit Industry Investment Fund (Phase II). This funding round increased the company's registered capital from approximately 10.57 million RMB to 13.12 million RMB. CiXin Technology, founded in October 2021, operates in areas including integrated circuit design, software development, and technology services. AI
IMPACT This investment in CiXin Technology, an integrated circuit company, may accelerate the development of specialized hardware crucial for AI advancements.