XHEART Xinxin Hangtu has announced the completion of a strategic funding round, bringing its cumulative capital raised to nearly 5 billion yuan.
The company's investors in this round include automakers and industrial strategic investors such as SAIC, Chery, Changxin Technology, CICC Renault, and Joyson; investment institutions including CDH Investments, IDG Capital, GGV Capital, NIO Capital, Shunwei Capital, Blue Lake Capital, Cathay Capital, ZhenFund, Joy Capital, Gaocheng Capital, Chentao Capital, Dingpei Group, Zhongwei China, Shuimu Alumni Fund, Zhongqing Capital, and Runzhang Venture Capital; as well as state-backed investors such as the National Artificial Intelligence Industry Investment Fund, China Development Bank Financial Leasing, Suzhou State Investment Group, Suzhou Venture Capital, Shenzhen Capital Group, Suzhou High-Speed Rail Xincheng Capital, and Shanghai Semiconductor Industry Investment.
The joint participation of industrial capital, global automaker-related capital, and investment institutions reflects recognition of XHEART's technical strength and commercialization prospects.
This round of funding will be primarily used for the mass production and delivery of existing chip products, commercialization expansion, and the research and development of next-generation chips.
XHEART Xinxin Hangtu is committed to defining the core computing power of the large model era, providing hardware support for physical AI applications such as autonomous driving and robotics through specialized chips designed to meet the demands of large models.
The company collaborates with partners including Momenta and QNX to advance the synergy of chips, algorithms, and foundational software, helping global automakers accelerate the deployment of intelligent driving technology.