MemSilicon raises over RMB400m Series A for memory and inference chips
Boyuan Capital leads financing for RRAM commercialisation and LPU development.
MemSilicon announced a Series A exceeding RMB 400 million on 19 October 2026, led by Boyuan Capital. Investors included Bosch Ventures, miHoYo, GigaDevice and returning backers Xiaomi and Jinqiu Capital.
The Beijing company will fund RRAM commercialisation and its first-generation LPU inference processor. Lu Tao, a former Graphcore executive, joins as CEO and co-founder as the company combines memory technology with AI inference hardware.
Use of funds
Commercialise RRAM technology
Develop first-generation LPU inference processor