TREE NEWS update: General-purpose AI compute chip unicorn EVAS Intelligence has closed a new funding round of nearly 2 billion yuan, putting its post-money valuation at close to 15 billion yuan. More than 20 investors joined the round, including Huatai Innovation, Zhongding Capital, SMIC Capital, Jiuan Medical, Renai Capital, Tongfu Microelectronics, Saiyi Industrial Fund, Heli Capital, Xinxin Leasing, Hengxu Capital, Shangqi Capital, Jiangguang Zhanlu and Rongyi Capital. EVAS Intelligence provides scalable AI compute acceleration solutions.
AI chip unicorn EVAS Intelligence raises nearly $280M at ~$2.1B valuation
AI take
The scale of this round and the breadth of the syndicate — more than 20 backers spanning semiconductor supply-chain players like SMIC Capital and Tongfu Microelectronics alongside financial investors — signal that domestic AI compute remains a priority allocation theme. The involvement of chip-adjacent strategic capital is the detail worth noting, since it hints at integration or supply relationships rather than pure financial exposure. Whether that strategic participation translates into actual capacity commitments is the open question.
Generated by AI for reference only.
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