- Companies
- Machxin Technology
Machxin Technology Valuation, Funding & Investors
Machxin Technology is valued at $2.5B as of October 2026.
Last Machxin Technology valuation
$2.5B
Series A · Oct 2026
Last Machxin Technology funding round
$243M
Series A · Oct 2026
Cumulative funding Machxin Technology raised
$243M
across 1 funding round
Key investors in Machxin Technology
Matrix Partners China
MiraclePlus
Huaye Tiancheng Capital
BlueRun Ventures
Li Auto
Machxin Technology Overview
About Machxin Technology
Machxin Technology is a semiconductor company based in Shanghai, China, founded in 2026. The company designs integrated circuit chips and the software platforms that run on them. Its products are built around custom dynamic dataflow architectures aimed at AI workloads and edge-computing applications. The company targets automotive-grade inference hardware, matching chip layout to algorithms to improve scaling efficiency for transportation and other commercial uses. Revenue is expected to come from chip sales and related technical services.
Founded
2026
HQ
Status
Privately held
Customer focus
B2B
Revenue model
Product sales, Services
Valuation
$2.5B (Oct 2026)
Machxin Technology Valuation
Machxin Technology is currently valued at $2.5B, based on its Series A in October 2026. Read the announcement ↗
The $243M round was led by BlueRun Ventures, Huaye Tiancheng Capital, Li Auto and Matrix Partners China, with participation from MiraclePlus.
Machxin Technology valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2026 | Series A | $2.5B |
Machxin Technology Funding History
Machxin Technology has raised a total of $243M across 1 funding round.
Machxin Technology funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2026 | Series A | BlueRun Ventures (lead); Huaye Tiancheng Capital (lead); Li Auto (lead); Matrix Partners China (lead); MiraclePlus | $243M | $2.5B | Li Auto signed agreements in October 2026 for the first external equity round of its in-house chip business, Shanghai Mahe Xin Technology (Machxin, also written MHX Technology), with an agreed investment of CNY 1.625 billion. Li Auto will contribute CNY 1 billion through a wholly owned subsidiary and outside investors a combined CNY 625 million. The round is led by Hangzhou Jingtao, Lanchi Ventures (formerly BlueRun Ventures China) and Huaye Tiancheng, with participation from MiraclePlus. Hangzhou Jingtao and its affiliated funds also received an additional subscription right of up to CNY 500 million, exercisable by 31 December 2026, which would lift total investment to CNY 2.125 billion and the post-money valuation to CNY 17.1 billion. Li Auto said it will keep control and consolidate the unit, which will set up two employee equity incentive plans. The company said the financing will support chip research and development, commercialization and expansion beyond the automotive market. Machxin develops Li Auto's Mach chips, including the Mach M100 driver-assistance chip built on a 5 nanometer process, along with domain controllers and operating systems, and will pursue external customers. The unit is based in Shanghai and was set up in 2026. |
Who has invested in Machxin Technology?
5 investors have backed Machxin Technology across its funding rounds, including Matrix Partners China, MiraclePlus, Huaye Tiancheng Capital, BlueRun Ventures and Li Auto.
Lead investors include BlueRun Ventures, Huaye Tiancheng Capital, Li Auto and Matrix Partners China.
Machxin Technology Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Oct 2026 | ||
| 1 | Lead | Oct 2026 | ||
| 1 | Participant | Oct 2026 | ||
This data is available for Pro users. Sign up to see all 5 Machxin Technology investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialMachxin Technology Competitors
Machxin Technology competitors include listed companies like Shenzhen Intellifusion and XtalPi, and private ones like SemiDrive, Sunrise, Generalist AI and Photonic.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.9B | - | ||
| Publicly listed | $201M | ($3M) | $2.3B | 10.9x | ||
| Private | - | - | $3B | - | ||
| Private | - | - | $3B | - | ||
| Private | - | - | $2B | - | ||
| Publicly listed | $121M | $22M | $3.3B | 17.9x |
Machxin Technology Public Comps
Machxin Technology is still privately-owned, but its public comps include Hesai Technology, Stanley Electric, ISC Co. Ltd., Motherson Sumi Wiring, Power Integrations, QuantumScape, Melexis, ZF Commercial Vehicle Control Systems India, Benchmark Electronics and Inari Amertron.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $455M | $72M | 3.6x | 2.7x | 22.5x | 23.2x | |||
| $3.3B | $602M | 0.9x | 0.8x | 5.1x | 5.0x | |||
| $165M | $50M | 13.3x | 10.0x | 43.5x | 28.1x | |||
| $1.2B | $111M | 2.1x | 1.8x | 22.2x | 20.1x | |||
| $444M | $49M | 4.9x | 4.6x | 44.7x | 21.4x | |||
| - | ($397M) | - | - | (4.4x) | (6.9x) | |||
| $938M | $222M | 2.8x | 2.7x | 12.0x | 11.8x | |||
| $430M | $78M | 5.3x | 4.9x | 29.1x | 31.9x | |||
This data is available for Pro users. Sign up to see all Machxin Technology competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Machxin Technology
| When was Machxin Technology founded? | Machxin Technology was founded in 2026. |
| Where is Machxin Technology headquartered? | Machxin Technology is headquartered in Shanghai, China. |
| Is Machxin Technology publicly listed? | No, Machxin Technology is a private, VC-backed company. |
| What is Machxin Technology's valuation? | Machxin Technology was last valued at $2.5B in its Series A in October 2026. |
| How much funding has Machxin Technology raised? | Machxin Technology has raised $243M across 1 funding round. |
| What was Machxin Technology's last funding round? | Machxin Technology's last funding round was a $243M Series A in October 2026, led by BlueRun Ventures, Huaye Tiancheng Capital, Li Auto and Matrix Partners China. |
| Who are Machxin Technology's investors? | Machxin Technology's investors include Matrix Partners China, BlueRun Ventures, MiraclePlus, Li Auto and Huaye Tiancheng Capital. |
| Which companies are comparable to Machxin Technology? | Companies comparable to Machxin Technology include SemiDrive, Shenzhen Intellifusion, Sunrise, Generalist AI, Photonic and XtalPi. |
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