Legend Holdings subsidiary Legend Star helped the computer vision technology developer raise an eight-figure dollar amount in pre-series A and series A rounds.

China-based artificial intelligence chip developer Axera has secured tens of millions of dollars in funding from investors including Legend Star, a subsidiary of conglomerate Legend Holdings, DealStreetAsia reported today.

The funding consisted of a pre-series A round led by venture capital firm Qiming Venture Partners and backed by Legend Star, and a series A round led by Beijing Heju Investment that included Legend Star, Qiming Venture Partners, Glory Ventures, Zoo Capital and Cedarlake Capital.

Axera designs and develops AI chips…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.