# Enflame

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

- Industry: Electronics
- Headquarters: Shanghai, China
- Website: www.enflame-tech.com
- Total disclosed funding: $695M
- Latest round: Series D (Sep 28, 2023)
- Investors on record: 31

## About

Based in Shanghai, China and established in 2018, Enflame operates as a technology company that provides AI accelerator cards, systems, hardware and software solutions. It is headquartered in Shanghai and has a branch in Beijing. Lidong Zhao, the founder and CEO of the company, once served as the vice president of Unisplendour Communication Technology Group Co., Ltd. and the president of RDA Microelectronics. Yalin Zhang, the COO and founder of the company, once served as the head of the design department of Shanghai MAGIMA Digital Information Co., Ltd. In May 2023, DataGrand Inc. became the strategic partner of the company. In July 2023, the company promoted Enflame LumiCanvas™ Wenshengtu MaaS platform service products. In September 2023, it raised CNY 2 billion in series D funding co-led by GP Capital, Guofang Fund Management, Shanghai Guohe Capital, Shanghai Guoxin Venture Capital Investment Co., Ltd., Shanghai International Group Asset Management and Shanghai International Group.

The company engages in the research and development of AI accelerator cards, systems, hardware and software solutions using artificial intelligence technologies. Its products include intelligent accelerator cards, TopsRider computing and programming platform, CLOUDBLAZER MATRIX and Enflame LumiCanvas™ Wenshengtu MaaS platform service products. Products can be applied in the field of pan-internet, smart computing centers, smart cities, smart finance and autonomous driving.

## Funding rounds

- Series D, Sep 28, 2023, $274M — GP Capital, Shanghai International Group, Delta Capital, Shanghai Guohe Capital, Summitview Capital, Meitu, Inc., Shanghai International Group Asset Management, Shanghai Guoxin Venture Capital Investment, GF Qianhe, Redpoint China Ventures, Hundreds Capital, Shanghai Growth Investment, Yuntai Capital, Shanghai Pudong Investment Holding (Group), Tencent Investment
- Series C, Aug 10, 2022 — Conduit Ventures, ChinaEquity Group, CPE Funds Management, Shanghai STVC Group, China International Capital Corporation, Primavera Capital Group, Delta Capital, ZhenFund, Summitview Capital, SINO-IC Capital, Riverhead Capital, Redpoint China Ventures, Oceanpine Capital, Yunhe Partners, Beijing Zhongqing Zhenghe Technology Venture Capital Management Co., Ltd., Shanghai Growth Investment, Mingjian Zhizhen Investment, Tencent Investment
- Series C, Jan 5, 2021, $278M — CPE Funds Management, Primavera Capital Group, Summitview Capital, Shanghai CCI Investment, Redpoint China Ventures, Tencent Investment
- Series B, May 7, 2020, $99M — Delta Capital, Summitview Capital, SHIVC, Redpoint China Ventures, Oceanpine Capital, Wanwu Shengzhang Capital, Tencent Investment
- Series A, Jun 6, 2019, $43M — ChinaEquity Group, Riverhead Capital, Redpoint China Ventures, Oceanpine Capital, Yunhe Partners, Tencent Investment
- Angel, Mar 7, 2018 — Shanghai STVC Group, Delta Capital, ZhenFund, Summitview Capital, Yunhe Partners

## Investors

- Shanghai STVC Group (https://capitalatlas.ai/funds/shanghai-stvc-group) — Angel, Series C
- Delta Capital (https://capitalatlas.ai/funds/delta-capital) — Angel, Series B, Series C, Series D
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Angel, Series C
- Summitview Capital (https://capitalatlas.ai/funds/summitview-capital) — Angel, Series B, Series C, Series D
- Yunhe Partners (https://capitalatlas.ai/funds/yunhe-partners) — Angel, Series A, Series C
- ChinaEquity Group (https://capitalatlas.ai/funds/chinaequity-group) — Series A, Series C
- Riverhead Capital (https://capitalatlas.ai/funds/riverhead-capital) — Series A, Series C
- Redpoint China Ventures (https://capitalatlas.ai/funds/redpoint-china-ventures) — Series A, Series B, Series C, Series D
- Oceanpine Capital (https://capitalatlas.ai/funds/oceanpine-capital) — Series A, Series B, Series C
- Tencent Investment — Series A, Series B, Series C, Series D
- SHIVC (https://capitalatlas.ai/funds/shivc) — Series B
- Wanwu Shengzhang Capital (https://capitalatlas.ai/funds/wanwu-shengzhang-capital) — Series B
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series C
- Primavera Capital Group (https://capitalatlas.ai/funds/primavera-capital-group) — Series C
- Shanghai CCI Investment — Series C
- Conduit Ventures (https://capitalatlas.ai/funds/conduit-ventures) — Series C
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series C
- SINO-IC Capital (https://capitalatlas.ai/funds/sino-ic-capital) — Series C
- Beijing Zhongqing Zhenghe Technology Venture Capital Management Co., Ltd. — Series C
- Shanghai Growth Investment (https://capitalatlas.ai/funds/shanghai-growth-investment) — Series C, Series D
- Mingjian Zhizhen Investment — Series C
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series D
- Shanghai International Group — Series D
- Shanghai Guohe Capital (https://capitalatlas.ai/funds/shanghai-guohe-capital) — Series D
- Meitu, Inc. — Series D
- Shanghai International Group Asset Management — Series D
- Shanghai Guoxin Venture Capital Investment — Series D
- GF Qianhe — Series D
- Hundreds Capital (https://capitalatlas.ai/funds/hundreds-capital) — Series D
- Yuntai Capital (https://capitalatlas.ai/funds/yuntai-capital) — Series D
- Shanghai Pudong Investment Holding (Group) — Series D