SPACEMIT

Hangzhou, China Founded: 2021 • Age: 5 yrs
Developer of cloud-based computing chips

About SPACEMIT

SPACEMIT is a company based in Hangzhou (China) founded in 2021. SPACEMIT has raised $86.1 million across 3 funding rounds from investors including Lenovo, Legend Capital and Zhen Fund. SPACEMIT operates in a competitive market with competitors including Ampere Computing, Eta Compute, Iluvatar CoreX, Yunsilicon Technology and UltraRISC Technology, among others.

  • Headquarter Hangzhou, China
  • Sectors
    Technology
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website spacemit.com
  • Social LinkedIn YouTube
Operational Areas
Key Metrics
  • Total Equity Funding
    $86.1M (USD)

    in 3 rounds

  • Latest Funding Round
    $86.1M (USD), Series B

    Jan 2026

  • Investors
    Lenovo

    & 9 more

Apps and channels of SPACEMIT

its YouTube channel SpacemiT has 48 subscribers and 16 videos.

SpacemiT
YouTube 48 subscribers 16 videos Science & Technology
Open channel

Videos from SPACEMIT

The most watched videos on SPACEMIT's YouTube channel, SpacemiT (48 subscribers). Click a video to play it here.

SpacemiT MUSE Card Officially Launched
173 views
SpacemiT K1 AI CPU Successfully Adapted to Fedora Operating System
173 views
[Product & Solutions] Tailor-Made! SpacemiT RISC-V Core IP, Adapted for Diverse High-End Scenarios
132 views
SpacemiT Key Stone K1 CPU
105 views

More on SpacemiT.

Funding Insights of SPACEMIT

SPACEMIT has successfully raised a total of $86.1M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $86.1 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $86.1M
  • Total Rounds 3
  • Last Round Series B β€” $86.1M
  • Investors Count 10

All 3 funding rounds of SPACEMIT with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2026$86.1MSeries B––
Aug 2023–Series A–Lenovo, Legend Capital
Oct 2022–Seed–Legend Capital
Valuation history

10 investors in total: 10 institutional.

Investors in SPACEMIT

SPACEMIT has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Lenovo, Legend Capital and Zhen Fund.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture Capital firm focused on multiple sectors
–legendcapital.com.cnHaidian, China
Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
–zhenfund.comBeijing, China
Venture capital fund focused on multiple sectors
–glory-ventures.comShanghai, China
Venture capital funding is provided by Beyond Ventures for startups.
–beyondventures.hkHong Kong, Hong Kong
Multiple sectors are invested in by this venture capital firm.
–matrixpartners.com.cnChaoyang, China
-
–brizanventures.tcc.mode-
-
–ciifund.cn-
Diversified servers and hardware products are offered by Lenovo.
1984lenovo.comHong Kong, China
-
–jingweicom.com-
-
–beijingartificialintelligenceindustryinvestmentfund.tcc.mode-
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Investor details for SPACEMIT

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of SPACEMIT

3 dated milestones of SPACEMIT across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded SPACEMIT is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series B, of $86.1M.

Competitors of SPACEMIT

SPACEMIT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Ampere Computing, Eta Compute, Iluvatar CoreX, Yunsilicon Technology and UltraRISC Technology, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amperecomputing.com2017Santa Clara, United States$40M511
Cloud-native processors are supplied for cloud computing and data centers.
etacompute.com2015Westlake Village, United States$22.55M16
SoCs for edge computing and embedded systems are manufactured.
iluvatar.com2015Shanghai, China$334.22M–
Manufacturer of cloud computing chips
yunsilicon.com2021Xuhui, China––
Network chips are provided for data center performance optimization.
ultrarisc.com2019Shanghai, China$13.68M–
Multi-core RISC-V processor chips are provided for cloud-based computing.
aaeon.com1992Taipei, Taiwan––
AI-based industrial and embedded computing platforms are provided.
epic-semiconductors.com2008Vancouver, Canada––
Nano Cloud Processor for advanced sensing
shufangkeji.com2013Ningbo, China––
Delivers accelerators to enhance processing speed and efficiency.
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Detailed competitors of SPACEMIT

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Web traffic of SPACEMIT

The website of SPACEMIT (spacemit.com) receives about 23.3K visits a month.

  • Monthly visits
    23.3K

    ▲ 5.4% vs previous month

Similar websites

Websites whose visitors overlap most with SPACEMIT. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fairysen.com
fairysen.com
100%
–#10,943,528–
ybfl.net
ybfl.net
90%
–#1,573,098–
haiyun.me
haiyun.me
85%
–––
github.com
84%
542.6M#65View details
downloads.openwrt.org
downloads.openwrt.org
80%
–#141,158–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for SPACEMIT

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 13 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Spacemit

Premium access

Complete news archive for SPACEMIT

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to SPACEMIT

10 companies that operate in the same segment as SPACEMIT (Semiconductors & ICs), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
AI-based system-on-chips are developed for advanced driver assistance systems.
1999Jerusalem, Jerusalem District, IsraelUSD 530 MUSD 1.89 B3,900
Provider of cloud and AI-based cellular communication ICs
1985San Diego, California, United States–USD 44.28 B49,000
Full-stack quantum computing solutions using superconducting qubits are developed.
2013Berkeley, California, United StatesUSD 195.62 MUSD 7.09 M140
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
High-performance CPUs and GPUs are developed for computing applications.
1969Santa Clara, California, United States–USD 25.79 B28,000
Diverse semiconductor manufacturers
1987Geneve, Geneve, Switzerland–USD 12.29 B49,600
Internet first brand offering analog, mixed-signal, and audio DSP integrated circuits
1984Austin, Texas, United States–USD 2 B1,660
GaN-based power management ICs are manufactured for electronic devices.
2014Dublin, IrelandUSD 49.6 MUSD 83.3 M280
Semiconductor ICs and microprocessors are designed and manufactured.
1968Santa Clara, California, United States–USD 52.85 B108,900
CMOS-based image sensors are developed for autonomous vision applications.
2017IsraelUSD 96 M––
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Frequently Asked Questions about SPACEMIT

SPACEMIT was founded in 2021 and raised its 1st funding round 1 year after it was founded.

SPACEMIT is headquartered in Hangzhou, China. It is registered at Hangzhou, Zhejiang, China.

SPACEMIT is a funded company, having raised a total of $86.1M across 3 funding rounds to date.

SPACEMIT was founded in 2021 in Hangzhou, China, focusing on the semiconductor sector. High-performance CPU architectures are designed and developed for cloud-based applications. Integrated hardware and software optimizations are provided to support edge servers, high-end intelligent robots, and autonomous driving systems. Operations emphasize efficient computing solutions tailored to these domains.

SPACEMIT's top competitors include Ampere Computing, Eta Compute and Iluvatar CoreX.

SPACEMIT has 10 investors. Key investors include Lenovo, Legend Capital, Zhen Fund, Jingwei, and Glory Ventures.

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