Chip Startup Yunsilicon Closes Hundreds of Millions of RMB from Sky9 Capital and Others
Yunsilicon Technology, a cloud datacenter ASIC (application-specific integrated circuit) product developer, announced recently that it has closed several hundred million yuan in a pre-A round of financing from Sky9 Capital and other investors. This follows another recently closed round of financing in October 2021, where the company also closed hundreds of millions of RMB from institutional investors. The new funds are intended to enhance chip R&D and to accelerate the commercialization of the company’s products.
Founded in May 2021, Yunsilicon is a high-tech startup focused on cloud datacenter ASIC product development and technology innovation. With a vision of “Building the Interconnected Foundation of the Digital World”, it is dedicated to developing ASICs used in large-scale datacenters and cloud computing infrastructure for network interconnection, helping its customers establish high-performance network infrastructure to meet the technical challenges of next-generation cloud-based systems.
“I am grateful to our initial and new investors for their support and trust in Yunsilicon. Facing one of the biggest opportunities of our time, combining ‘computing with the network’ and ‘integrated circuits’, we will fully leverage our capabilities in combining chip R&D and application development,” said Yongfeng Liu, Founder and CEO of Yunsilicon. “With this new round of financing, we will continue to strengthen technical barriers, expand our customer base, and promote large-scale deployments of our products as we strive to build our company into a globally leading network interconnect ASIC enterprise.”
Ron Cao, Founder and Partner of Sky9 Capital, said: “We have been paying attention to the DPU (data processing unit) industry for a long time and believe DPUs will play an important role in the future of datacenter architecture. Yunsilicon’s team is experienced in technical fields such as chip and network architecture, coupled with a deep understanding of both product definition and business development paths to appropriately weigh opportunities and risks. We are fully confident in the team. The DPU industry is still in a very early stage, and we are very excited to explore this field with Yunsilicon.”