# Corerain Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/corerain-technologies

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.corerain.com
- Latest round: Series C (Dec 28, 2023)
- Investors on record: 6

## About

Based in Shenzhen, China, and established in 2017, Corerain Technologies is a chip company that focuses on developing artificial intelligence computing platforms. The company has won the WAIC Outstanding Artificial Intelligence Leader Award, National High-tech Enterprise, and so on. In June 2020, the data stream AI chip, CAISA was released.  In March 2023, the Nebula AI Visual Analysis Platform was launched. In December 2023, Corerain Technologies closed a series C funding.

The company's products can be categorized into AI chips, AI accelerators, and AI edge stations, which include Nebula Accelerator X3, CAISA, and other products. It also provides intelligent solutions that integrate computing power, algorithms, and platforms for energy, chemical, power, and other industries. Corerain Technologies has served over 1,000 users in complete intelligent transformation and upgrading.

The company will use the series C funding to support its R&D and scale implementation of reconfigurable data flow CAISA AI chips.

## Funding rounds

- Series C, Dec 28, 2023 — CDH Investments, Pro Capital, Liantong Innovation Equity Investment Management, Changzhou Hi-tech Venture Capital, Zhangjiang Science & Technology Venture Capital
- Series A, Aug 25, 2020 — FG Venture

## Investors

- FG Venture (https://capitalatlas.ai/funds/fg-venture) — Series A
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series C
- Pro Capital (https://capitalatlas.ai/funds/pro-capital) — Series C
- Liantong Innovation Equity Investment Management (https://capitalatlas.ai/funds/liantong-innovation-equity-investment-management) — Series C
- Changzhou Hi-tech Venture Capital — Series C
- Zhangjiang Science & Technology Venture Capital (https://capitalatlas.ai/funds/zhangjiang-science-technology-venture-capital) — Series C
