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

ChinaBeijing

Status

Privately held

Customer focus

B2B

Revenue model

Services

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

Lingchuan Technology funding rounds
DateStageInvestorsRaisedDeal Summary
Nov 2026Series BBeijing 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$150MLingchuan 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 2026Series AQF Capital (lead); GP Capital; Yizhuang Science and Technology Innovation Fund II; Shuimu Investment Group; Baidu Ventures; Chaohui Capital; Shunxi Fund; Xinguodu; Jiuzhi Capital--
Jul 2025Series ABeijing Artificial Intelligence Industry Investment Fund; Yizhuang Industrial Investment; Kuaishou; Shunxi Fund; Jiuzhi Capital$14MLingchuan 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

Investors in Lingchuan Technology by funding rounds participated
InvestorHQRoundsRoleFirst check
Shunxi FundChinaBeijing3ParticipantJul 2025
Chaohui CapitalChinaBeijing2ParticipantJun 2026
Jiuzhi CapitalChinaHangzhou2ParticipantJul 2025
Beijing E-town International Investment & DevelopmentChinaBeijing1LeadNov 2026
Loongson VenturesChinaChina1ParticipantNov 2026
Beijing Artificial Intelligence Industry Investment FundChinaBeijing1ParticipantJul 2025
GP CapitalChinaShanghai1ParticipantJun 2026
Yizhuang Science and Technology Innovation Fund IIChinaChina1ParticipantJun 2026
Beijing Industrial InvestmentChinaBeijing1ParticipantNov 2026
Tsinghua Holdings CapitalChinaBeijing1ParticipantNov 2026
SevkoBulgariaBulgaria1ParticipantNov 2026
Shuimu Investment GroupChinaChina1ParticipantJun 2026
Anhui Cultural Tourism InvestmentChinaHefei1ParticipantNov 2026

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Lingchuan Technology Competitors

Lingchuan Technology competitors include listed companies like Palantir, IBM, Accenture and Tata Consultancy Services, and private ones like MegazoneCloud and CarDekho.

Public and private companies comparable to Lingchuan Technology
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
PalantirUnited StatesUnited StatesPublicly listed$4.5B$1.5B$386B47.6x
IBMUnited StatesUnited StatesPublicly listed$68B$17B$232B4.1x
AccentureUnited StatesUnited StatesPublicly listed$74B$13B$154B2.1x
Tata Consultancy ServicesIndiaIndiaPublicly listed$28B$7.3B$96B3.0x
MegazoneCloudSouth KoreaSeoulPrivate--$1.8B-
CarDekhoIndiaGurgaonPrivate$299M-$1.2B4.0x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B84.1x47.6x258.7x77.6x
IBM$68B$17B4.3x4.1x17.3x14.5x
Accenture$74B$13B2.1x2.1x12.4x11.0x
Tata Consultancy Services$28B$7.3B3.2x3.0x12.6x11.4x
Infosys$20B$4.8B2.3x2.3x10.0x10.0x
HCLTech$14B$2.7B2.8x2.7x14.4x12.9x
NEC$23B$3.3B1.7x1.6x11.8x10.6x
Fujitsu$22B$3.4B1.5x1.5x9.8x10.2x

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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.

See companies similar to Lingchuan Technology

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