Event
XHEART completes strategic funding round, cumulative financing reaches approximately RMB 5 billion
1 reports · 1 sources
36Kr learned from multiple industry sources that physical AI computing chip company XHEART recently completed a strategic funding round, bringing in Renault Group as a first-time investor, with Chery Automobile increasing its investment and ChangXin Technology also participating; total historical financing is approximately RMB 5 billion. XHEART's core product, the X7 chip, targets the L2++ urban assisted driving and L3/L4 markets, and has already been deployed in SAIC Volkswagen ID.ERA 9X, MG, Roewe, Cadillac and Chery models.
Report timeline
- XHEART Completes Strategic Funding Round, Total Financing Around 5 Billion Yuan, ChangXin Technology Joins
36Kr learned from multiple industry sources that physical AI computing chip company XHEART recently completed a strategic funding round, bringing in Renault Group as a first-time investor, with Chery Automobile increasing its investment and ChangXin Technology participating; cumulative historical financing totals about 5 billion yuan. Its core product, the X7 chip, targets the L2++ urban assisted driving and L3/L4 markets and has been deployed in SAIC Volkswagen's ID.ERA 9X, MG, Roewe, Cadillac, and Chery models; the article also analyzes the Momenta and QNX partnership ecosystem and the competitive pressure from automakers such as XPeng spinning off their chip businesses.
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