Business/press release/2026-10-12

Infinigence AI Raises 2.3 Billion Yuan in Series C, Setting China AI Infrastructure Funding Record

Chinese AI infrastructure provider Infinigence AI has reportedly raised 2.3 billion Yuan (approximately $344 million) in a Series C funding round. This investment, confirmed by multiple outlets including TechNode, Dealroom, and BigGo Finance, brings the company's total cumulative financing to 4.3 billion Yuan and is claimed to be China's largest AI infrastructure funding deal to date. One outlet, 36 Kr, incorrectly identified the company as MemryX.

4 articles from 4 outlets covered this story. Their coverage differs on 2 points. The underlying claim is sourced from a press release.

What do all outlets agree on?

4 outlets covered “Infinigence AI Raises 2.3 Billion Yuan in Series C, Setting China AI Infrastructure…”. All of them report the following:

  • Series C funding round
  • Amount of 2.3 billion Yuan raised (or equivalent in USD)
  • Company operates in AI infrastructure
  • The round is considered a record for AI infrastructure funding in China

Did outlets disagree about this?

Yes. Coverage of “Infinigence AI Raises 2.3 Billion Yuan in Series C, Setting China AI Infrastructure…” differs on 2 points. Each account below is how a different outlet described the same event:

The company that raised the funding is MemryX.

36 Kr

The Series C funding amount is $344 million.

Dealroom

Which figures do outlets report differently?

2 figures in this story are reported with conflicting values:

Series C Funding Amount2.3B Yuan vs RMB 2.3 billion vs 2.3 Billion Yuan vs $344M
Total Cumulative Financing4.3B Yuan vs 4.3 Billion Yuan

Which outlets covered this?

All 4 articles found on this story, grouped by the stance of the piece. Every link goes to the original publisher.

What related stories are there?

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