# Cambrian Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cambrian

- Industry: Semiconductors
- Headquarters: Beijing, China
- Website: www.cambricon.com
- Total disclosed funding: $200M
- Latest round: Series B (Jun 20, 2018)
- Investors on record: 16

## About

Founded in 2016 by Tianshi Chen, Cambrian Corporation is based in Beijing, China. The company specializes in AI chipsets and has completed 8 deals as of July 14, 2020, when it raised RMB 2582.04 million through its IPO on the Shanghai Stock Exchange, marking a significant milestone in its growth. In September 2025, UBS, China Universal Asset Management, Lord Abbett China Asset Management Co.,ltd., Bosera Asset Management, Guosen Securities (HK) Asset Management, Harvest Fund Management, Guotai Haitong, SDIC UBS Fund Management Co., Ltd., GF Fund Management, Huashang Fund, Shenwan Hongyuan Securities Ltd, E Fund Overseas Investment and other unspecified investors acquired 3,334,946 shares in Cambrian Corporation for CNY 3,985,327,168.92, or at CNY 1,195.02 apiece, in a PIPE transaction.
Cambrian Technologies specializes in advanced AI solutions through its innovative chipsets and smart acceleration products. Its product offerings include the Syuan 370 series and the MLU (Machine Learning Unit) series, designed for AI training, edge computing, and intelligent solutions for diverse industries. The company markets its products globally, focusing on regions such as Asia, North America, and Europe, which exhibit a growing demand for AI technologies.
In 2022, Cambrian Corporation reported revenue of CNY 108,539,184, with an EBITDA of CNY -154,716,117.8. The company's revenue model is based on B2B sales of its AI chipsets and related products, catering to businesses engaged in AI development and deployment.

## Funding rounds

- Series B, Jun 20, 2018, $100M — Oriza Holdings, CITIC Goldstone Fund Management, China International Capital Corporation, CAS Investment Management, Alibaba Group, Lenovo Capital and Incubator Group, TCL Capital, China Reform Holdings, SDIC Venture Capital, China National Venture Capital Investment, China Reform Tus Fund
- Series A, Aug 18, 2017, $100M — Oriza Holdings, State Development and Investment Corporation, CAS Investment Management, Yonghua Capital, Alibaba Group, Lenovo Capital and Incubator Group, Beijing Leifeng Technology Co., Ltd.
- Seed, Aug 10, 2016 — Oriza Holdings, Yonghua Capital, iFlytek
- Angel, Apr 1, 2016 — CASH Capital

## Investors

- CASH Capital (https://capitalatlas.ai/funds/cash-capital) — Angel
- Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Seed, Series A, Series B
- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Seed, Series A
- iFlytek — Seed
- State Development and Investment Corporation (https://capitalatlas.ai/funds/state-development-and-investment-corporation) — Series A
- CAS Investment Management (https://capitalatlas.ai/funds/cas-investment-management) — Series A, Series B
- Alibaba Group — Series A, Series B
- Lenovo Capital and Incubator Group (https://capitalatlas.ai/funds/lenovo-capital-and-incubator-group) — Series A, Series B
- Beijing Leifeng Technology Co., Ltd. — Series A
- CITIC Goldstone Fund Management (https://capitalatlas.ai/funds/citic-goldstone-fund-management) — Series B
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- TCL Capital (https://capitalatlas.ai/funds/tcl-capital) — Series B
- China Reform Holdings (https://capitalatlas.ai/funds/china-reform-holdings) — Series B
- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series B
- China National Venture Capital Investment — Series B
- China Reform Tus Fund (https://capitalatlas.ai/funds/china-reform-tus-fund) — Series B