Cixi Technology, an edge‑AI chip startup founded in 2021, has closed a nearly RMB 1 billion ($136M) funding round, led by Shanghai IC Fund and Pudong Venture Capital, with follow‑on investment from Lenovo VC and others. The fresh capital will scale existing chip production, accelerate the next‑gen agentic CPU development, and fuel AI PC ecosystem builds.

The company’s self‑developed Cixi P1 chip delivers 45 TOPS AI compute. At the 2026 WAIC, Cixi demonstrated a Gen‑AI photo booth running on the P1 – capturing images, parsing them via Qwen2.5‑VL‑7B, and generating story outputs using Qwen3, all on‑device, showcasing real‑world edge AI creativity.

Cixi has partnered with hardware OEMs, algorithm vendors, and LLM players to push agentic terminal products to market. Its solutions cover desktop supercomputing, robotics co‑processors, creative terminals, and data center accelerators – signaling a move from roadmap to commercial deployment. Long‑term, the company aims to build a full‑stack agentic compute platform to drive on‑device LLM adoption across AI PCs and beyond.

ICgoodFind Takeaway:
Big capital is flowing into edge AI silicon. Cixi’s $136M war chest will speed agentic CPU commercialization – expect faster rollout of on‑device intelligence.