Sunrise Valuation, Funding & Investors

Sunrise is valued at $3B as of August 2026.

Last Sunrise valuation

$3B

Undisclosed stage · Aug 2026

Last Sunrise funding round

$296M

Undisclosed stage · Aug 2026

Cumulative funding Sunrise raised

$867M

across 3 funding rounds

Key investors in Sunrise

  • YOOZOO Games
  • 4Paradigm
  • Beijing Lirr High Temperature Materials
  • IDG Capital
  • Cowin Capital
  • Puhua Capital

Sunrise Overview

About Sunrise

Sunrise is a Shenzhen-based developer of high-performance GPUs for AI training, edge computing, and graphics processing. The company designs chips like the Sunhope series with up to 512 tensor cores, targeting data centers and autonomous vehicles. Manufacturing through TSMC processes, Sunrise supplies modules to Chinese hyperscalers and exports to Southeast Asia. Founded in 2018, it competes in the domestic semiconductor market amid US export restrictions.


Founded

2001

HQ

ChinaHangzhou

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$3B (Aug 2026)

Sunrise Valuation

Sunrise is currently valued at $3B, based on its undisclosed-stage round in August 2026.

The $296M round included PICC Capital Insurance Asset Management, Infore Environment Technology Group, LY.com, Andon Health, CCB Equity and 4 other investors.

Sunrise valuation by funding round

Sunrise valuation by funding round
DateStageValuation
Aug 2026Undisclosed stage$3B

Sunrise Funding History

Sunrise has raised a total of $867M across 3 funding rounds.

Sunrise's first fundraising round was a $139M undisclosed-stage round in June 2025. The most recent completed round was a $296M undisclosed-stage round in August 2026.

Sunrise funding rounds

Sunrise funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2026Undisclosed stagePICC Capital Insurance Asset Management; Infore Environment Technology Group; LY.com; Andon Health; CCB Equity; Cowin Capital; Charoen Pokphand Group; Janchor Partners; CAS Star$296M$3BHangzhou Sunrise Intelligent Technology Co., Ltd. raised CNY 2 billion in a funding round announced on August 28, 2026, at a post-money valuation of CNY 20 billion. The round was co-led by PICC Capital Insurance Asset Management Company Limited and Hankang Capital, with participation from returning investor CP Robotics Co., Ltd. and new investors including Andon Health Co., Ltd., Casstar Technology Investment Co., Ltd., CCB Principal Asset Management Co., Ltd., Infore Environment Technology Group Co., Ltd., Tongcheng Travel Holdings Limited, Janchor Partners Limited and Shenzhen Co-win Venture Capital Investments Limited. The company said it would issue convertible preferred stock in the transaction. The financing reflects continued investor interest in Sunrise’s robotics and intelligent technology platform, and follows an earlier 2026 financing round that pushed its valuation above CNY 10 billion. The new round broadened participation from both industrial strategics and financial investors, indicating support for the company’s expansion and commercialization plans. Hangzhou Sunrise Intelligent Technology Co., Ltd. operates in intelligent technology and robotics, and the August 2026 financing adds capital from a mix of strategic corporate backers and institutional funds to support its next stage of growth.
Jan 2026Undisclosed stageGCL Technology Holdings; Puhua Capital; Guoyuan Equity; IDG Capital; 4Paradigm; ICBC Investment; Beijing Lirr High Temperature Materials; YOOZOO Games; Huaxu Private Fund; Guangzhou Yuexiu Industrial Investment Fund; Zhengda Robotics; Wuji Capital$432M--
Jun 2025Undisclosed stage4Paradigm; Beijing Lirr High Temperature Materials; YOOZOO Games; Sany Group; Haitong Capital; Green Pine Capital Partners$139M--

Who has invested in Sunrise?

24 investors have backed Sunrise across its funding rounds, including YOOZOO Games, 4Paradigm, Beijing Lirr High Temperature Materials, IDG Capital, Cowin Capital and Puhua Capital.


Sunrise Investors

Investors in Sunrise by funding rounds participated
InvestorHQRoundsRoleFirst check
4ParadigmChinaChina2ParticipantJun 2025
Beijing Lirr High Temperature MaterialsChinaBeijing2ParticipantJun 2025
YOOZOO GamesChinaShanghai2ParticipantJun 2025
GCL Technology HoldingsChinaHong Kong1ParticipantJan 2026
PICC Capital Insurance Asset ManagementChinaBeijing1ParticipantAug 2026
Puhua CapitalChinaHangzhou1ParticipantJan 2026
Guoyuan EquityChinaZhengzhou1ParticipantJan 2026
IDG CapitalChinaBeijing1ParticipantJan 2026
Infore Environment Technology GroupChinaFoshan1ParticipantAug 2026
ICBC InvestmentChinaNanjing1ParticipantJan 2026
LY.comChinaChina1ParticipantAug 2026
Andon HealthChinaTianjin1ParticipantAug 2026
Huaxu Private FundChinaChongqing1ParticipantJan 2026

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Sunrise Competitors

Sunrise competitors include listed companies like Xanadu and Aehr Test System, and private ones like SiFive, Photonic, Lightmatter and SemiDrive.

Public and private companies comparable to Sunrise
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
SiFiveUnited StatesSan Francisco, CAPrivate$116M-$3.6B-
PhotonicCanadaVancouverPrivate--$2B-
LightmatterUnited StatesSan Francisco, CAPrivate$50M-$4.4B-
SemiDriveChinaBeijingPrivate--$1.9B-
XanaduCanadaCanadaPublicly listed$3M($47M)$2.3B281.8x
Aehr Test SystemUnited StatesUnited StatesPublicly listed$50M($10M)$3B57.0x

Sunrise Public Comps

Sunrise is still privately-owned, but its public comps include Aehr Test System, Ambarella, Melexis, ChronoScale, Navitas Semiconductor, China Wafer Level CSP, ISC Co. Ltd., Ultra Clean Holdings, StarPower Semiconductor and Wingtech.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Aehr Test System$50M($10M)57.0x57.0x(298.0x)(838.5x)
Ambarella$391M($48M)6.9x6.4x(56.0x)(60.7x)
Melexis$967M$229M3.4x3.3x14.2x14.0x
ChronoScale$72M$21M42.5x-147.6x-
Navitas Semiconductor$46M($94M)51.4x50.0x(25.0x)(70.0x)
China Wafer Level CSP$220M$81M11.6x-31.6x-
ISC Co. Ltd.$160M$49M16.4x12.6x53.6x35.5x
Ultra Clean Holdings$2.1B($35M)1.8x1.4x(103.5x)15.4x

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Common questions about Sunrise

When was Sunrise founded?Sunrise was founded in 2001.
Where is Sunrise headquartered?Sunrise is headquartered in Hangzhou, China.
Is Sunrise publicly listed?No, Sunrise is a private, VC-backed company.
What is Sunrise's valuation?Sunrise was last valued at $3B in its undisclosed-stage round in August 2026.
How much funding has Sunrise raised?Sunrise has raised $867M across 3 funding rounds.
What was Sunrise's last funding round?Sunrise's last funding round was a $296M undisclosed-stage round in August 2026.
Who are Sunrise's investors?Sunrise's investors include 4Paradigm, Beijing Lirr High Temperature Materials, YOOZOO Games, GCL Technology Holdings, PICC Capital Insurance Asset Management, Puhua Capital, Guoyuan Equity, IDG Capital, Infore Environment Technology Group, ICBC Investment and 14 others.
Which companies are comparable to Sunrise?Companies comparable to Sunrise include SiFive, Photonic, Lightmatter, SemiDrive, Xanadu and Aehr Test System.

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