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enflame-tech.com

Founded Year

2018

Stage

Series C - II | Alive

Total Raised

$470.52M

Valuation

$0000 

Last Raised

$278.58M | 2 yrs ago

About Enflame

Enflame engages in the development of deep learning high-end chips for cloud data centers.

Enflame Headquarter Location

Room 302, No. 2, Zhang Run Building, Lane 61, Shengxia Road Pudong New Area

Shanghai, Shanghai,

China

86 (21) 6110 9566

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Research containing Enflame

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Enflame in 1 CB Insights research brief, most recently on May 14, 2020.

Expert Collections containing Enflame

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Enflame is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,178 items

A

Artificial Intelligence

9,093 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

S

Semiconductors, Chips, and Advanced Electronics

6,091 items

Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.

Latest Enflame News

Tencent-Invested Firm Enflame Technology Launches New Company With $15.7 Million

Dec 30, 2021

Tencent-Invested Firm Enflame Technology Launches New Company With $15.7 Million (Source: Enflame) According to Chinese business inquiry platform Qichacha , Shanghai-based AI cloud computing startup Enflame Technology on Thursday established a new subsidiary in Chengdu with a registered capital of 100 million yuan ($15.7 million). Tencent , a Chinese internet services giant, holds 20.47% of shares of Enflame Technology. The subsidiary’s business scope includes the design and sale of integrated circuits, as well as AI hardware and software development. Founded in March 2018, Enflame Technology is the first startup in China with high-performance cloud training and cloud reasoning products. Previously, it launched the company’s first cloud AI training chip Suisi, the first cloud AI training accelerator card Yunsui T10 and inference product Yunsui i10, as well as the computing and programming platform Yusuan. Since its establishment, Enflame Technology has obtained five rounds of financing, with a cumulative amount of nearly 3.2 billion yuan ($502 million). On January 5 this year, Enflame Technology announced the completion of round C financing of 1.8 billion yuan, which was led by CITIC Private Equity Funds Management, CICC Capital and Primavera Capital Group, followed by Tencent , SummitView Capital, Redpoint China Ventures and many other shareholders. The main members of Enflame Technology’s R&D team have more than 15 years of experience in developing and mass-producing high-end chips and related software ecosystems. At present, Enflame Technology has obtained 52 patents, including 45 invention patents, and nearly 30 patents are in the process of application. These patents cover technologies of making chip’s computing units, core functional modules, packagings, and software architecture and optimization. Yao Leiwen, the managing director of Tencent Investment, said that after the successful tape-out of Enflame Technology’s chips, the two companies have carried out in-depth cooperation based on different application scenarios. IDC pointed out in the “2020-2021 China artificial intelligence computing power development evaluation report” that more than half of enterprises will spend more than $10 million on AI infrastructure in 2020. It is estimated that by 2025, the global AI server market will exceed $26 billion.

Enflame Web Traffic

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Enflame Rank

  • When was Enflame founded?

    Enflame was founded in 2018.

  • Where is Enflame's headquarters?

    Enflame's headquarters is located at Room 302, No. 2, Zhang Run Building, Lane 61, Shengxia Road, Shanghai.

  • What is Enflame's latest funding round?

    Enflame's latest funding round is Series C - II.

  • How much did Enflame raise?

    Enflame raised a total of $470.52M.

  • Who are the investors of Enflame?

    Investors of Enflame include Tencent Holdings, Redpoint Ventures China, SummitView Capital, Primavera Capital Group, CPE and 15 more.

  • Who are Enflame's competitors?

    Competitors of Enflame include Iluvatar CoreX and 6 more.

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