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…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.