By Li Panpan
Chinese CPU producer HJ Micro(鸿钧微电子) raised nearly RMB800 million($120.03 million) in the angel round and Pre-A round of financing, led by Walden International, Hillhouse, and CDH Venture and Growth Capital, according to sources from China-based tech news website 36kr.
Founded in 2021, Hangzhou-based HJ Micro focuses on developing general-purpose processors (CPUs) for data centers. With years of research and industrialization experience in general-purpose processors and computer architecture, it provides solutions in cloud server CPUs with higher efficiency and easier deployment based on ARM architecture.
The financing will be mainly used for recruiting tech talents in high-performance server CPU R&D and infrastructure construction.
In May 2022, Arm Technology and HJ Micro announced in-depth cooperation in high-performance server processor infrastructure and ecosystem construction. They will promote Arm server CPUs' industrial and ecological implementation based on Arm’s high-performance Arm IP and products and HJ Micro’s rich R&D experience in general-purpose processors and product innovation capabilities.
China’s Ganfeng Lithium takes over UK’s Bacanora which is developing the world’s biggest lithium mine in Mexico08-12 18:28
JW Insights: GaN-related financing cases continue to rise in China boosted by growing market potential08-10 18:11
China’s ARM-based CPU startup Quillion is said to be restructured instead of rumored going bankrupt08-08 18:48