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INDICS > Press Center > Industry Trends

Yusur raises millions of yuan to develop next generation chips

By  : INDICS Operator Updated  :   2021-12-31 17:39:38

Yusur, a leading Chinese startup on data processing units, or DPUs, announced it had raised several hundred million yuan in its series A plus round of fundraising, as the company leverages leading technologies to develop the next generation of chips. 

Co-led by Maison Capital and Kunlun fund, the new round also attracted previous investors including Lingjun Investment.

The new fundraising round came five months after the company's latest financing effort in July. The company said it will use the new funds to boost production and market expansion of DPU chips. 

Yusur, which is backed by the Institute of Computing Technology of the Chinese Academy of Sciences, has been developing DPUs based on its self-developed Kernel Processing Unit architecture. 

Its related products and solutions have been applied in several scenarios like fast financial transactions and risk control.

Zhang Fangze, vice-president of Kunlun fund, said unlike the well-known central processing unit that does general-purpose computing, DPUs were designed to process data that gets moved around the data center. "It will become an indispensable infrastructure in the data-driven era." 

chengyu@chinadaily.com.cn

From: ChinaDaily

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