Semi-tech announced that it has received CNY 500 million in a round of funding led by new investor Jingwei Venture Capital (Beijing) Investment Management Consulting Co., Ltd. on May 5, 2023. The transaction included participation from new investors Zhuhai Dingxin Technology Co., Ltd., G60 Science and Technology Corridor Artificial Intelligence Industry Fund, a fund managed by Shanghai Prosperity Fund Management Co. Ltd, Camel Equity Investment Fund, a fund managed by Camel Ventures, Micro Leon S.L., Tianshan Energy Capital Partners Ltd, Investment Arm, Hefei Renfa New Energy Investment Fund Management Co., Ltd., Hangzhou Lion Electronics Co.,Ltd, Houxue Fund and returning investor Skyview Fund.

The company has post money valuation of CNY 6,000 million.