November 27 news, Tianeye data show that on November 25, AI unicorn Cambrian wholly-owned subsidiary – Shanghai Cambrian Information Technology Co., Ltd. industrial and commercial changes, the registered capital from the original 500 million yuan to 800 million yuan, an increase of 60%.
Shanghai Cambrian Information Technology Co., Ltd. was established in April 2016, the legal representative is the company’s executive director Luo Wei, the scope of business includes computer software, computer science and technology, information technology, etc., by the Cambrian operating entity Beijing Zhongke Cambrian Technology Co., Ltd. wholly-owned.
According to its official website, Cambrian is committed to building a variety of intelligent cloud servers, smart terminals and intelligent robot core processor chips, the company launched the “Cambrian 1A” processor in 2016, in 2018 launched the MLU100 machine learning processor chip.
According to public information, the Cambrian was founded at the beginning of tens of millions of dollars from the Chinese Academy of Sciences angel round financing, in August 2016 from Yuanyu Origin, Science and Technology, The Investment of The Pre-A wheel financing, August 18, 2017, Cambrian announced the completion of round A 100 million financing, the leading investor for the country investment venture, Alibaba, Alibaba, Lenovo, Guoke Investment, Sino-Tech Turing joined, the original Pre-A round of investors Yuanyu Origin Ventures, Chung-ho Investment continued to follow. In June 2018, Cambrian announced the completion of hundreds of millions of dollars of B-round financing, the current round of financing by China’s state-owned capital venture capital fund, Guoxin Enlightenment, Guotou Venture Capital, Guoxin Capital joint lying, the overall valuation of the fund after the cambrian value of $2.5 billion.