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Leap—Good News | Yuefang Technology Completes Over 200 Million Yuan in Series B Funding
Release time:
2025-05-14
Recently, Yuefang Technology successfully completed its Series B funding round, raising a total of over 200 million RMB. This round was led by the Zhuhai New-Generation Productivity Investment Fund, with joint participation from the University of Macau Development Foundation, Xin Jielie, and other institutions. The funds will be used for the research and development of the company’s high-performance RISC-V CPU products and for market expansion.
Yuefang Technology specializes in RISC-V, AI, and domain-specific architectures (DSAs), and is committed to developing high-performance chips for cloud, edge, and endpoint applications, providing products and full-stack solutions for AI acceleration and data centers.
Since its establishment five years ago, the company has completed its product layout for edge and endpoint chips and has launched multiple SoC chip products based on the RISC-V architecture, covering the fields of AIoT sensing, control, and edge computing. The cumulative sales of these chips have reached several million units. Leveraging its full-stack technological capabilities, the company has introduced more than 30 industry-specific solutions targeting areas such as smart energy, smart logistics, smart cities, and smart factories.
Since 2024, the company has accelerated its efforts to deploy the RISC-V+DSA platform, dedicated to expanding high-performance application scenarios for RISC-V. Previously, Yuefang Technology and Yuanshi Intelligent Computing formed a consortium and successfully won the bid for the Zhuhai Yunshang Zhicheng 200P domestically-produced intelligent computing center project, marking a milestone breakthrough for the company and officially ushering it into the realm of domestically produced high-performance computing power.
Leveraging its strong technological capabilities and significant market potential, Yuefang Technology has garnered high recognition from numerous investors. This round of financing marks Yuefang Technology’s fifth funding round since its establishment; previously, it had completed four rounds, with a total funding amount approaching 600 million yuan. Investors include the Zhuhai New-Generation Productivity Investment Fund, the University of Macau Development Foundation, Dahengqin Capital, and Zhuhai Science & Technology Venture Capital. Jingcheng Capital and other well-known institutions.
The lead investor in this round of financing—the Zhuhai New-Generation Productivity Investment Fund—is a government-backed investment fund established by the city of Zhuhai. It focuses on four key sectors: artificial intelligence, the low-altitude economy, the digital economy, and robotics, with an emphasis on long-term investments in hard-tech innovations. This investment marks one of the first portfolio projects since the establishment of the Zhuhai New-Generation Productivity Fund, fully demonstrating the company’s investment value and growth potential!
The University of Macau Development Foundation was established in 2009. Its mission is to support and facilitate the University of Macau in achieving its academic and educational goals, enhancing its competitiveness both locally and internationally, and ensuring its sustainable development. In addition to providing valuable financial support, the Foundation’s investments are also expected to propel collaboration among businesses, the University of Macau, and academia into a higher stage of industry-academia-research cooperation!
Against the backdrop of a capital winter facing semiconductor companies, Yufang Technology has defied the trend by securing over 200 million yuan in funding, fully demonstrating the company’s outstanding strength in the RISC-V arena!
In the future, the company will further strengthen technological innovation and market promotion, continuously expand high-performance application scenarios for RISC-V, and work closely with partners to jointly foster the thriving development of the RISC-V ecosystem. This will empower innovative applications in China’s digital economy and contribute to the global shift toward intelligent transformation!
