Muxi and UBTECH Joint Venture Raises 500 Million Yuan in Financing
2026-11-11 21:27:12
According to CoinMeta, the joint venture company Xixuan Chuangzhi, jointly initiated by Muxi Shares and UBTECH, has recently completed a 500 million yuan angel round of financing. This round of financing was led jointly by Jiyuan Capital and Matrix Partners. Established in May 2026, Xixuan Chuangzhi is committed to building an autonomous and controllable embodied intelligent computing platform, utilizing domestic gpgpu architecture, with the goal of competing with nvidia and thor. The funds raised will be mainly used for the research and development of core chips and computing platforms, the construction of software toolchains, the expansion of the R&D team, as well as joint verification with robot manufacturers and industry clients, in order to prepare for mass production and delivery.
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Source:Jin10 Data
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