Axera Technology Co., Ltd. announced that it has received CNY 800,000,000 in a round of funding on January 17, 2022. The transaction included participation from Tencent Holdings Ltd., Investment Arm, returning investors Beijing Legend Star Investment Management Co., Ltd., Beijing Harmony Riverside Investment Management Co., Ltd., Qiming Weichuang Venture Capital Management (Shanghai) Company Limited, Shanghai Innochip Investment Management Co., Ltd, Meituan, DragonBall Capital, fund managed by Meituan Dianping, Investment Arm, Glory Ventures and GGV Capital, LLC.