AI inference chip startup Nano-core Chip raises over RMB 1 billion in Series C2

Hangzhou-based AI inference chip developer Nano-core Chip has raised more than RMB 1 billion in a Series C2 round led by JianTou Investment, with Hangzhou Capital and Kaitai Capital participating. The funds will go toward product development and volume production preparation; its first three chips have completed tape-out, with customer sampling and initial shipments planned for early 2027.

• Series C2 exceeded RMB 1 billion, led by JianTou Investment
• Chips combine 3D near-memory computing, in-memory computing and RISC-V
• First three chips taped out; sampling and shipments set for early 2027
• The company raised RMB 1 billion in a Series C1 round in September