Fosun RZ Capital and Lenovo Capital have invested in a series A round for the GPU technology developer, which has raised hundreds of millions of dollars since launching last year.
China-based graphics processing unit (GPU) developer Metax has received RMB1bn ($154m) in a series A round featuring diversified conglomerate Fosun and consumer electronics producer Lenovo, DealStreetAsia reported yesterday.
Chinese state-owned investment vehicles China Structural Reform Fund Corporation and China Internet Investment Fund co-led the round. Fosun and Lenovo contributed through investment subsidiaries Fosun RZ Capital and Lenovo Capital respectively.
The round also attracted capital from Sequoia Capital China, Matrix Partners China, Lightspeed China Partners, CTC Capital, Oriental Fortune Capital, CDB-CDC…
