近百亿加注国产芯 | 半导体亿元级融资全解析

Core Viewpoint - The Chinese semiconductor industry has experienced a financing boom in the past six months (August 2025 - January 2026), with capital focusing on key segments such as inference GPUs, AI chips, server chips, advanced packaging, and wide bandgap semiconductors [1]. Financing Events Overview Over 2 Billion RMB Financing Events - Sunrise: Completed approximately 3 billion RMB in strategic financing, focusing on inference GPUs, with plans for next-generation GPU development and ecosystem building [1]. 1-2 Billion RMB Financing Events - Aixin Yuanzhi: Secured over 1 billion RMB in C-round financing, with a post-investment valuation of 10.6 billion RMB, aiming to become the "first stock of China's edge AI chips" [3]. - Borui Jingxin: Received over 1 billion RMB in financing, focusing on ARM server chips and digital solutions for various industries [4]. 500 Million to 1 Billion RMB Financing Events - Heizhima Intelligent: Obtained 500 million RMB in strategic investment, focusing on edge AI and embodied intelligence [5][6]. - Jindishi Technology: Completed over 600 million RMB in B-round financing, focusing on RISC-V AI chips [7]. - Zhizhan Technology: Secured nearly 300 million RMB in C-round financing, focusing on silicon carbide power semiconductor devices [8]. - Mingjia Semiconductor: Completed 110 million RMB in A++ round financing, focusing on gallium oxide semiconductors [9]. - Xiqian Semiconductor: Achieved over 1 billion RMB in strategic financing, focusing on silicon-based capacitors and related technologies [11]. - Xulun Technology: Completed over 1 billion RMB in A3 and A4 round financing, focusing on advanced packaging materials [12]. - Lanxin Computing Power: Secured over 1 billion RMB in A-round financing, focusing on RISC-V architecture intelligent computing chips [13]. - Liangxuan Technology: Completed several hundred million RMB in C-round financing, focusing on quantum computing [14]. - Ruishi Technology: Achieved several hundred million RMB in C-round financing, focusing on semiconductor optical chips [15]. Financing Characteristics - Capital is concentrated in high-end chips and advanced materials, addressing critical areas such as inference GPUs and ARM server chips, while also covering wide bandgap semiconductors and advanced packaging materials [16]. - The financing scale is clear, with leading companies like Sunrise and Aixin Yuanzhi securing over 1 billion RMB, while over 70% of smaller "specialized and innovative" companies received financing in the 100 million RMB range [16]. - Local state-owned platforms and industrial funds are key investors, focusing on both financial returns and the improvement of the industrial chain [16]. - The financing companies align with the distribution of semiconductor industry clusters, with major cities like Beijing, Shanghai, and Shenzhen leading, while emerging cities like Chengdu are also gaining traction [16].