Silicon-based Flow has newly received hundreds of millions of yuan in financing led by Alibaba.
36Kr has exclusively learned that AI Infra company Silicon Flow has recently completed a financing round of hundreds of millions of RMB led by Alibaba Cloud. Old shareholders such as Sinovation Ventures and other institutions have over - subscribed for follow - on investment, and China Renaissance served as the exclusive financial advisor. Earlier investors also include institutions such as Meituan (strategic investment), Sinovation Ventures, Glory Ventures, Miracle Plus, Huachuang Capital, and Puhua Capital. It is understood that this round of financing will be mainly used for talent recruitment, product R & D, and domestic and international market expansion.