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SenseTime spinout Sunrise reportedly raises RMB2 billion at RMB20 billion valuation

This story is from 2026-08-31. It is preserved in the archive; the latest stories are on the live feed.

Sunrise, an AI chipmaker spun out of SenseTime’s chip business, has reportedly raised RMB2 billion ($280 million) at a post-money valuation of about RMB20 billion. The reported financing would nearly double the company’s valuation from its previous round, according to a report published on Aug. 28.…

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  1. 2026-08-31 06:38 · TechNode
    SenseTime spinout Sunrise reportedly raises RMB2 billion at RMB20 billion valuation

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