Top GPU, robotics firms back MRAM chip startup Hanxu in $100M+ round
What's the deal? Hanxu TechnologyDealroom has a profile for this one. Try Dealroom →, a Beijing-based chip startup building processors on a "magnetic computing" model, has closed a several-hundred-million-yuan Pre-A+ round. A leading Chinese GPU company, a top embodied-robotics firm, and an established AI company all took stakes in the same round.
Why now? The strategic investors join as customers and partners, aiming to support productisation and mass production. Their entry suggests Hanxu is moving from design toward commercial validation.
What's the endgame? Hanxu develops the SpinPU-M01 probabilistic computing chip, which targets drug discovery, scientific computing, and aviation logistics. It is also building the SpinPU-E series of magnetic logic chips, using a lower-cost on-chip MRAM high-bandwidth design to deliver inference compute for edge and cloud large models.
Why MRAM? As the technology matures, major chipmakers are folding MRAM into next-generation memory plans. Hanxu disclosed a several-tens-of-millions-yuan round in March, saying its first inference chip sample had returned from fabrication for testing while a next-generation product was taping out.
What could go wrong? Hanxu sits in a crowded field: Chinese AI inference-chip startups are raising large rounds, though many bet on 3D stacking or near-memory computing. Its MRAM-based approach is more differentiated, but chip engineering, customer validation, and production progress still matter more than the performance targets disclosed so far.
A new financial financing round has already begun, the company said.
The signal: Pulling a GPU maker, a robotics firm, and an AI company into one cap table shows Chinese hardware players are building vertical supply chains early — locking in differentiated memory and inference designs before they reach volume.
Read more: finance.sina.com.cn
Image credit: Generated with Gemini
