Xingyun raises $119.5M in a venture round

Xingyun is a semiconductor company focused on building software-friendly, high-memory-specification large-scale model inference chips. The company announced a ¥800M ($119.5M) venture round on September 21, 2026, from its base in Beijing, CN. Investors and valuation were not disclosed in Crunchbase's round record; Lounge adds them as they are reported. It has raised more than $100M in total venture funding.