# LuminX

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

- Industry: Semiconductors
- Headquarters: Shanghai, China
- Website: www.fangqing-system.com
- Latest round: Series A (Aug 3, 2026)
- Investors on record: 18

## About

Based in Shanghai, China, and founded in 2022, Shanghai Fangqing Technology Co., Ltd., trading as LuminX, is an AI chip developer specializing in multi-core NPU computing chips for artificial intelligence. In August 2026, LuminX raised a Series A1 funding from Shanghai Xuhui Capital Investment, Zhuhai Science and Technology Industry Group, China International Capital Corporation, Haitong Leading Private Equity Fund Management, Shangshi Fund, Tsinghua Innovation Ventures, Ming Capital, Peakvest Investment, InvesTarget, HUA Capital, Linchuang Capital, Xiamen C&D Emerging Industry Equity Investment, Sanqi Interactive Entertainment Venture Capital, with participation from other investors.

Its core business revolves around improving AI computing efficiency, while also engaging in related fields such as information system integration services and wholesale and retail of computer hardware and software. The company aims to solve the computing power pain points in the development of large-scale AI models through technological innovation, creating efficient computing solutions adapted to AI scenarios.

The company generates revenue by developing and commercializing AI computing chips (NPUs) and related AI infrastructure solutions for artificial intelligence applications.

The Series A1 funding raised in August 2026 will primarily use the funds raised in this round of financing for the research and development of its self-developed chips and systems, large-scale mass production, software ecosystem development, and the recruitment of high-end talent.
In the future, the company will vigorously promote product delivery and ecosystem development and actively promote the implementation of domestically produced intelligent computing systems.

## Funding rounds

- Series A, Aug 3, 2026 — China International Capital Corporation, Haitong Leading Private Equity Fund Management, HUA Capital, Shangshi Fund, Ming Capital, Xiamen C&D Emerging Industry Equity Investment, Linchuang Capital, InvesTarget, Tsinghua Innovation Ventures, Peakvest Investment, Sanqi Interactive Entertainment Venture Capital, Shanghai Xuhui Capital Investment, Zhuhai Science and Technology Industry Group
- Angel, Jul 29, 2025 — ECC Capital, HUA Capital, Linchuang Capital, Sanqi Interactive Entertainment Venture Capital, Xinzhi Renhe
- Angel, Jul 29, 2025 — Future Capital Discovery Advisory (Hong Kong) Limited, NIO Capital
- Angel, Mar 7, 2023 — Future Capital Discovery Advisory (Hong Kong) Limited, NIO Capital, Xiaomi Group

## Investors

- Future Capital Discovery Advisory (Hong Kong) Limited (https://capitalatlas.ai/funds/future-capital-discovery-advisory-hong-kong-limited) — Angel
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Angel
- Xiaomi Group — Angel
- ECC Capital (https://capitalatlas.ai/funds/ecc-capital) — Angel
- HUA Capital (https://capitalatlas.ai/funds/hua-capital) — Angel, Series A
- Linchuang Capital (https://capitalatlas.ai/funds/linchuang-capital) — Angel, Series A
- Sanqi Interactive Entertainment Venture Capital (https://capitalatlas.ai/funds/sanqi-interactive-entertainment-venture-capital) — Angel, Series A
- Xinzhi Renhe — Angel
- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series A
- Haitong Leading Private Equity Fund Management (https://capitalatlas.ai/funds/haitong-leading-private-equity-fund-management) — Series A
- Shangshi Fund (https://capitalatlas.ai/funds/shangshi-fund) — Series A
- Ming Capital — Series A
- Xiamen C&D Emerging Industry Equity Investment (https://capitalatlas.ai/funds/xiamen-c-d-emerging-industry-equity-investment) — Series A
- InvesTarget (https://capitalatlas.ai/funds/investarget) — Series A
- Tsinghua Innovation Ventures (https://capitalatlas.ai/funds/tsinghua-innovation-ventures) — Series A
- Peakvest Investment — Series A
- Shanghai Xuhui Capital Investment — Series A
- Zhuhai Science and Technology Industry Group — Series A