Amount Raised
$126 Million
OtherMobileSoftware
Description
Axera Tech, a Chinese startup developing artificial intelligence (AI) chips for computer vision applications, has closed a Series A++ round of financing at 800 million yuan ($125.9 million) amid a rising trend of chip development and investment in China’s tech world.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech