Sunrise Secures Nearly 3 Billion Yuan in Strategic Funding from Hangzhou Data Group, IDG Capital

Deep News15:35

GPU chip company Sunrise has announced the completion of a strategic financing round totaling nearly 3 billion yuan. Investors include industrial backers such as Huaxu Fund under Sany Group, Paradigm Intelligence, Hangzhou Data Group, Zhengda Robotics, and GCL TECH, alongside VC/PE institutions like IDG Capital, Gaorong Venture Capital, Wuji Capital, CICC Capital, Puhua Capital, Songhe Capital, E Fund Capital, and ICBC Investment. The newly raised capital will be primarily allocated towards the research and development of next-generation inference GPUs, large-scale mass production, and ecosystem co-development.

Public information indicates that Sunrise was established in 2020, evolving from the large-chip department of SENSETIME-W. Through long-term service to practical AI operations, the team has accumulated a profound understanding of model evolution, operator optimization, and customer needs, which has earned the company the label of "the GPU chip company that understands AI better" since its inception.

At the team level, Sunrise's core team exhibits complementary strengths in chip engineering, productization, and commercialization capabilities. Co-CEO Wang Yong, a former core architect at AMD and Kunlun Chip, brings 20 years of chip R&D experience; he joined SENSETIME-W in 2020 and successfully led the development and mass production of two generations of Sunrise chips. The other Co-CEO, Wang Zhan, was a founding team member of BIDU-SW and former Group Vice President, having previously led an 8,000-person team responsible for Baidu's search business; he joined Sunrise in early 2025 to embark on a new entrepreneurial venture.

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