Quillion Technology, which has been in operation for more than half a year and was working on general-purpose computing and data center solutions, informed all staff on August 5 that the company would cease its operations.
On August 8, OptiArk Semiconductor, a Shenzhen-based optical waveguide system provider, changed its registration with China's Industrial and Commercial Administration, adding as a new shareholder a venture capital company under Tencent.
Shanghai-based chip firm Biren Technology held the Biren Explore Summit 2022 on August 9, during which it formally released its first general-purpose GPU chip series: the BR100.
Shanghai-based microLED display manufacturer Jade Bird Display (JBD) announced on August 10 that it has completed an A3 round of financing worth several hundred million yuan.
SunPure Technology, a China-based developer of cleaning robots, announced on August 9 its completion of a pre-A round of financing worth tens of millions of yuan.
Geek+, a logistics industry robot company, announced on August 8 its completion of a new round of financing totaling $100 million. The investors were Intel Capital, Vertex Growth Fund and Qingyue Capital.
GoFurther.AI, an autonomous driving company, announced the completion of the company's round A+ of financing on August 8. This financing was jointly led by Xingxiang Capital and Ruizhu Capital.
MAXIEYE, an intelligent driving company, announced on August 8 that it has obtained a C1 round of joint strategic investment from Inno-Chip, Cedarlake Capital and Axera.
On August 8, Black Sesame Technologies, an autonomous driving computer chip company, announced its completion of round-C+ financing led by SummitView Capital.
Guangzhou-based integrated circuit manufacturer Accusilicon has added Shenzhen Hubble Technology Investment Partnership (Limited Partnership), an affiliated company of Huawei, as a shareholder of the company.
Contract development and manufacturing organization (CDMO) IntellectiveBio announced its completion of round-C financing on August 5, with a total amount exceeding 500 million yuan ($74.1 million). This round was led by Gaorong Capital and CTS Capital.
On August 2, Atech Automotive (Wuhu) Co., Ltd., an auto parts company, announced the recent completion of an A round of financing, though the amount was not been disclosed.
Sironax, an emerging biotechnology company, announced on August 2 its completion of round-B financing, bringing the firm's total fundraising to more than $300 million.
EasyYa, a Chinese cross-border supply chain management services platform, announced on August 1 that it has completed a round B of financing worth several hundred million yuan.
Ruicycle, a battery recycling enterprise, completed a B round of financing of over 300 million yuan ($44.42 million). Investors include Legend Capital, China Guangfa Bank, Hua Ventures, and other institutions.
Pimchip Technology, a PIM (Processing in Memory) chip designer, has completed round-A financing of more than $10 million, led by Primavera Venture Partners and followed by some existing shareholders.
MenuSifu, a point of sale (POS) software developer, on July 27 announced it had closed a $20 million Series B fundraising round, led by Challenjers Venture.
Beijing-based digital map enterprise NavInfo signed a strategic cooperation framework agreement on July 27 with automotive industry R&D platform China Automotive Innovation Corporation (CAIC).
