# Infrawaves

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

- Industry: Telecoms
- Headquarters: Beijing, China
- Website: www.infrawaves.net
- Total disclosed funding: $28M
- Latest round: Series B (Dec 31, 2025)
- Investors on record: 16

## About

Based in Beijing, China and founded in 2023, Beijing Jiliu Technology Co., Ltd., trading under the name Infrawaves, develops high-performance network systems and computing communication frameworks for AI model training and enterprise infrastructure. The company provides GPU-RDMA cluster frameworks, Ethernet-based RDMA communication systems, lossless switches and software-defined optical transmission solutions. Its technologies support large-scale model training, inference, and computing-storage collaboration across data centers. In December 2025, Infrawaves raised a series B+ funding from new investors Shangshi Fund, Aoming Investment, China Asset Management, Taiyou Fund, Zero2IPO Ventures, Casyz Capital, and returning investor G&O, and other investors.

Infrawaves provides internet, communications, and AGI genes products and services. Products include the end-to-end integrated GPU-RDMA cluster management and control communication framework, Ethernet RDMA computing communication system, RoCE high-speed lossless switch, etc. Products can be used to support the iterative training and reasoning of domestic large models. The company also provides solutions such as architecture-layer computing and storage collaborative wide-area networking scheduling and physical-layer separated software-defined optical transmission.

The company’s revenue is generated by selling high-performance computing network equipment, licensing cluster communication frameworks and providing technical services related to network integration and infrastructure deployment.

The company plans to expand R&D for AI cluster communication systems, improve domestic high-performance network product capabilities, and scale deployment of its computing communication technologies across data centers.

## Funding rounds

- Series B, Dec 31, 2025 — Zero2IPO Ventures, China Asset Management, Taiyou Fund, Shangshi Fund, Casyz Capital, G&O
- Series B, Nov 14, 2025, $14M — He'nan Investment Group, Z&Y Capital, Xinglian Capital
- Series A, Jul 21, 2025, $14M — Shanghai Growth Investment, Fortera Capital, G&O, Karamay Golden Fund Management, Shanghai Zhangjiang Haocheng Venture Capital
- Seed, Sep 11, 2023 — TusStar, Tsinghua Capital, MiraclePlus, Z&Y Capital

## Investors

- TusStar (https://capitalatlas.ai/funds/tusstar) — Seed
- Tsinghua Capital — Seed
- MiraclePlus (https://capitalatlas.ai/funds/miracleplus) — Seed
- Z&Y Capital (https://capitalatlas.ai/funds/z-y-capital) — Seed, Series B
- Shanghai Growth Investment (https://capitalatlas.ai/funds/shanghai-growth-investment) — Series A
- Fortera Capital (https://capitalatlas.ai/funds/fortera-capital) — Series A
- G&O (https://capitalatlas.ai/funds/g-o) — Series A, Series B
- Karamay Golden Fund Management (https://capitalatlas.ai/funds/karamay-golden-fund-management) — Series A
- Shanghai Zhangjiang Haocheng Venture Capital (https://capitalatlas.ai/funds/shanghai-zhangjiang-haocheng-venture-capital) — Series A
- He'nan Investment Group (https://capitalatlas.ai/funds/he-nan-investment-group) — Series B
- Xinglian Capital (https://capitalatlas.ai/funds/xinglian-capital) — Series B
- Zero2IPO Ventures (https://capitalatlas.ai/funds/zero2ipo-ventures) — Series B
- China Asset Management — Series B
- Taiyou Fund — Series B
- Shangshi Fund (https://capitalatlas.ai/funds/shangshi-fund) — Series B
- Casyz Capital (https://capitalatlas.ai/funds/casyz-capital) — Series B
