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- Lingchuan Technology
Lingchuan Technology Funding, Investors & Competitors
Lingchuan Technology has raised $164M across 3 funding rounds, most recently a $150M Series B in November 2026.
Last Lingchuan Technology funding round
$150M
Series B · Nov 2026
Cumulative funding Lingchuan Technology raised
$164M
across 3 funding rounds
Key investors in Lingchuan Technology
Shunxi Fund
Jiuzhi Capital
Chaohui Capital
Qiming Venture Partners
Baidu Ventures
GP Capital
Beijing E-town International Investment & Development
Tsinghua Holdings Capital
Lingchuan Technology Overview
About Lingchuan Technology
Lingchuan Technology is a provider of custom software development services branded as Transtreams. The firm delivers solutions in web applications, mobile apps, and enterprise systems for clients in e-commerce, fintech, and logistics industries primarily in Asia.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Sectors
Lingchuan Technology Funding History
Lingchuan Technology has raised a total of $164M across 3 funding rounds.
Lingchuan Technology's first fundraising round was a $14M Series A in July 2025. The most recent completed round was a $150M Series B in November 2026.
Lingchuan Technology funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Nov 2026 | Series B | Beijing E-town International Investment & Development (lead); Qiming Venture Partners (lead); Loongson Ventures; Beijing Industrial Investment; Tsinghua Holdings Capital; Sevko; Anhui Cultural Tourism Investment; Chaohui Capital; CCB Investments; Shunxi Fund; Jinduo Investment; Mingshi Investment | $150M | Lingchuan Technology completed a Series B round of RMB 1 billion in November 2026, co-led by Qiming Venture Partners and Beijing E-Town International Investment & Development. A wide group of investors took part, including CCB Investments, Tsinghua Holdings Capital, CDH Investments, Hong Kong Science and Technology Parks Corporation and Loongson Ventures, while Shunxi Fund, the company's first institutional investor, increased its position again. Proceeds go toward next-generation chip research and development and mass production. Lingchuan is an AI chip company affiliated with Kuaishou and was founded in March 2024 as a spin-off of Kuaishou's heterogeneous computing and chip division, together with the Beijing AI Industry Investment Fund. It develops chips for generative video and multimodal large models built on a deterministic-latency DiPU architecture with 3D near-memory design. Its 3D chips have been taped out and are scheduled to ship at scale in 2027. |
| Jun 2026 | Series A | QF Capital (lead); GP Capital; Yizhuang Science and Technology Innovation Fund II; Shuimu Investment Group; Baidu Ventures; Chaohui Capital; Shunxi Fund; Xinguodu; Jiuzhi Capital | - | - |
| Jul 2025 | Series A | Beijing Artificial Intelligence Industry Investment Fund; Yizhuang Industrial Investment; Kuaishou; Shunxi Fund; Jiuzhi Capital | $14M | Lingchuan Technology is an artificial intelligence chip company that completed a Series A financing round of hundreds of millions of yuan. Lead investors were Beijing Artificial Intelligence Industry Investment Fund and Kuaishou Technology Group, with follow-on investments from Yizhuang Industrial Investment, Shunxi Fund, and Jiuzhi Capital. The round occurred around early 2025. |
Who has invested in Lingchuan Technology?
22 investors have backed Lingchuan Technology across its funding rounds, including Shunxi Fund, Jiuzhi Capital, Chaohui Capital, Qiming Venture Partners, Baidu Ventures and GP Capital.
Lead investors include Beijing E-town International Investment & Development, Qiming Venture Partners and QF Capital.
Lingchuan Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Jul 2025 | ||
| 2 | Participant | Jun 2026 | ||
| 2 | Participant | Jul 2025 | ||
| 1 | Lead | Nov 2026 | ||
| 1 | Participant | Nov 2026 | ||
| 1 | Participant | Jul 2025 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Nov 2026 | ||
| 1 | Participant | Nov 2026 | ||
| 1 | Participant | Nov 2026 | ||
| 1 | Participant | Jun 2026 | ||
| 1 | Participant | Nov 2026 | ||
This data is available for Pro users. Sign up to see all 22 Lingchuan Technology investors. Start Free Trial | ||||
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Start Free TrialLingchuan Technology Competitors
Lingchuan Technology competitors include listed companies like Palantir, IBM, Accenture and Tata Consultancy Services, and private ones like MegazoneCloud and CarDekho.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $4.5B | $1.5B | $386B | 47.6x | ||
| Publicly listed | $68B | $17B | $232B | 4.1x | ||
| Publicly listed | $74B | $13B | $154B | 2.1x | ||
| Publicly listed | $28B | $7.3B | $96B | 3.0x | ||
| Private | - | - | $1.8B | - | ||
| Private | $299M | - | $1.2B | 4.0x |
Lingchuan Technology Public Comps
Lingchuan Technology is still privately-owned, but its public comps include Palantir, IBM, Accenture, Tata Consultancy Services, Infosys, HCLTech, NEC, Fujitsu, Cognizant and Capgemini.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 84.1x | 47.6x | 258.7x | 77.6x | |||
| $68B | $17B | 4.3x | 4.1x | 17.3x | 14.5x | |||
| $74B | $13B | 2.1x | 2.1x | 12.4x | 11.0x | |||
| $28B | $7.3B | 3.2x | 3.0x | 12.6x | 11.4x | |||
| $20B | $4.8B | 2.3x | 2.3x | 10.0x | 10.0x | |||
| $14B | $2.7B | 2.8x | 2.7x | 14.4x | 12.9x | |||
| $23B | $3.3B | 1.7x | 1.6x | 11.8x | 10.6x | |||
| $22B | $3.4B | 1.5x | 1.5x | 9.8x | 10.2x | |||
This data is available for Pro users. Sign up to see all Lingchuan Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Lingchuan Technology
| When was Lingchuan Technology founded? | Lingchuan Technology was founded in 2024. |
| Where is Lingchuan Technology headquartered? | Lingchuan Technology is headquartered in Beijing, China. |
| Is Lingchuan Technology publicly listed? | No, Lingchuan Technology is a private, VC-backed company. |
| How much funding has Lingchuan Technology raised? | Lingchuan Technology has raised $164M across 3 funding rounds. |
| What was Lingchuan Technology's last funding round? | Lingchuan Technology's last funding round was a $150M Series B in November 2026, led by Beijing E-town International Investment & Development and Qiming Venture Partners. |
| Who are Lingchuan Technology's investors? | Lingchuan Technology's investors include Shunxi Fund, Chaohui Capital, Jiuzhi Capital, Beijing E-town International Investment & Development, Loongson Ventures, Beijing Artificial Intelligence Industry Investment Fund, GP Capital, Yizhuang Science and Technology Innovation Fund II, Beijing Industrial Investment, Tsinghua Holdings Capital and 12 others. |
| Which companies are comparable to Lingchuan Technology? | Companies comparable to Lingchuan Technology include Palantir, IBM, Accenture, Tata Consultancy Services, MegazoneCloud and CarDekho. |
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