ZhenFund Angel Project "Luchen Tech" Completed Hundreds of Millions of Yuan in Series A financing

Recently, Luchen Tech announced that it has completed several hundred million yuan in Series A financing. So far, Luchen Tech has rapidly completed three rounds of financing within 18 months of its establishment. Previously, ZhenFund co-led its seed round of financing.

Luchen Tech is committed to liberating AI productivity, aiming to create a world-class distributed AI development and deployment platform. Through self-developed core technologies such as high-efficiency multi-dimensional parallelism, heterogeneous memory management, large-scale optimization library, and adaptive task scheduling, Colossal-Al, a general-purpose deep learning system for the era of large models, is created to efficiently promote the application of large-scale Al models and help enterprises reduce costs. The cost realizes the upgrading of Al intelligent industry.

This round of financing will be used to expand the scope of global business and promote in-depth cooperation with global enterprises and top institutions. At the same time, Luchen Tech will also increase investment in products, talents, and technology to create industry-representative Al large-scale model solutions and accelerate the application of Al large-scale models in various fields.