Semiconductor product makers MediaTek and Xilinx were among the participants in an eight-digit round for deep learning technology developer DeePhi Tech.
China-based deep learning technology developer DeePhi Tech has raised an eight-digit US dollar amount in a series A round featuring semiconductor producers MediaTek and Xilinx, China Money Network has reported.
Tsinghua Holdings, the technology transfer arm of Tsinghua University, also took part in the round, as did venture capital and private equity firm Sigma Square Capital and existing backers GSR Ventures and Banyan Capital.
DeePhi was founded in 2016 by researchers from Tsinghua University and Stanford University, and is working…