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Recently, Sunlune LTD (hereinafter referred to as Sunlune) announced that it had successfully completed Series A financing, which was invested exclusively by Intel Capital.
Registered in the Cayman Islands and headquartered in Singapore, Sunlune is a fabless chip company that focuses on high-performance computing in global crypto market. Sunlune’s first generation processor was successfully launched, with one time tape-out, in 2021. As of today, Sunlune’s products have been shipped to customers all over the world, totaling more than 10,000 wafers in mass production already. With its leading 3D integrated high-throughput processor, Sunlune is dedicated to supporting the foundations of the crypto world, driving innovations in Web3.0 era, and ultimately making “TRUST” simple.
Since entering China in 1998, Intel Capital has empowered more than 170 domestic science and technology companies, helping these companies accomplish a global reach. Leveraging Intel’s technology and resources in chip manufacturing, Sunlune will continue to play a leading role in high-throughput computing with the 3D wafer-stacking architecture. Moreover, Sunlune will maintain its market-driven and customer-oriented approach, bring together the upstream and downstream partners, and accelerate breakthroughs in the high-throughput computing chip market with forward-looking designs and people-oriented technology.
Mr. Tianlin Wang, Managing Director of Intel Capital, said: "We are impressed with the strength of Sunlune’s R&D, management, and operation teams in the industry. In particular, the company has launched 3D integrated high-throughput chips based on wafer-stacking architecture and has successfully applied its products to the encryption computing field. Since Sunlune already had a great starting point, Intel will collaborate with Sunlune on multi-fronts, such as chip design, wafer manufacturing, and encryption algorithms. We look forward to see more technological breakthroughs from Sunlune. "
Dr. Fuquan Wang, Founder and CEO of Sunlune, said: "We really appreciate the collaboration with Intel Capital. We are extremely delighted to accelerate innovations in high-end computing chips together with companies who share the same vision of bringing transformations to the world. This round of funding will be mainly used to increase the R&D investment in high-throughput computing chips, recruit high-caliber global talents, and accelerate worldwide business development."
Dr. Ming Liu, Co-founder and CTO of Sunlune, said: "Computing power is the underlying foundation for today’s digital economy, and any development of the digital economy is based on optimized algorithms and strong computing power. As the pioneer and leader of high-throughput computing chips, Sunlune has always been the backbone to promote the development of the digital economy. Sunlune will continue to lead the development of the high-throughput chip field and generate greater benefits."
Moving forward, Sunlune will keep its global vision with market-oriented mindset, strengthen fundamental research, accelerate technology development, consolidate high caliber strategic resources, and unwaveringly fulfill Sunlune’s mission of "Make World-Class Chips, Drive the Crypto World" by delivering best-in-class computing chips to propel the dynamic momentums of the Web 3.0 era.
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