Gate News reports that on March 9th, AI inference chip company Fangqing Technology recently completed Pre-A3 funding round, attracting new investors including Guokai Innovation, Junshan Capital, Jianfa Emerging Investment, and Duowei Capital. Major existing shareholders such as a leading VC firm, Huaye Tiancheng, NIO Capital, GF Securities Shunde, and 37 Interactive Entertainment participated in oversubscription. The total amount raised in the Pre-A round reached 1 billion RMB. Fangqing Technology was founded at the end of 2022, focusing on AI inference. Its core technology involves a distributed computing architecture that decouples the attention mechanism in Transformer models from feedforward neural networks. The company’s CEO, Liang Jun, previously served as the chief architect of Huawei HiSilicon Kirin SoC, then joined AI chip company Cambrian as CTO, leading the development of the first 7nm AI training chip, Si Yuan 290. He joined Fangqing Technology in August 2024.
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