Image Source: Yuanbao
AsianFin -- China’s leading AI infrastructure service provider SiliconFlow has raised tens of millions of dollars in a pre-A funding round. The money will be used for the iterative upgrade and market expansion of the AI cloud computing power infrastructure.
This round was led by China Growth Capital and followed by Puhua Capital, with oversubscribed contributions from existing investor Glory Ventures. China Renaissance acted as the financial advisor. The company’s founder, Yuan Jinhui, revealed that the funds raised will be used to further develop its AI cloud computing infrastructure, focusing on iterative upgrades and market expansion.
Enhanced by strategic partnerships with top-tier cloud providers, chip manufacturers, and AI companies like Huawei, AWS, and Nvidia, SiliconFlow is poised to expand its presence in the market of cloud computation products.
Founded in August 2023, SiliconFlow aims to provide high-performance, cost-effective AI cloud computing solutions. With a mission to build an AI infrastructure (AI Infra) platform for large models, SiliconFlow fosters collaboration across algorithms, systems, and hardware to democratize AI applications.