Deep learning technology startup DeePhi had raised funding from investors including Samsung, Ant Financial, MediaTek and its new owner, Xilinx.

Computing technology provider Xilinx acquired one of its portfolio companies, China-based neural network technology startup DeePhi Tech, for an undisclosed amount, in a deal that also provided exits for other corporate investors.

Founded in 2016, DeePhi is developing deep learning technology that incorporates neural network hardware architecture and neural network compression technology to help improve the functioning of systems such as data centres and surveillance apparatus.

The company raised an eight-figure dollar amount in May 2017 from Xilinx, semiconductor…