Position in SVTRnew
Snapshot 2026-11-04- Startup SignalsTop 25%
- ComputeTop 50%
- ChipsTop 25%
- InferenceTop 50%
- Video#7of 49
About
Transtreams, spun off from Kuaishou's heterogeneous computing and chip division in March 2024, builds compute for intelligent and generative video multimodal models, including the SL200 video transcoding and AI inference SoC and the LUCAS compute platform, serving Kuaishou, Alibaba Cloud, Baidu Cloud and Bilibili.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Company· 12
Investor· 10
Founders / team· 1
Funding history
- 2026-11-04Series B$139M
Investors · 亦庄国投屹唐盛和基金, Qiming Venture Partners, 朝晖资本, 国泰海通开元, 华控投资, 国寿长三角科创基金, 北工投资, 建信（北京）投资, 沛坤资本, 香港科技园创投基金, CDH Baifu, 金舵投资, 厦门恒兴, 铭时资本, Stony Creek Capital, 龙芯创投, 安徽文旅投, 顺禧基金, 水木投资集团, 九智资本Source · news.pedaily.cn ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Transtreams
Transtreams, spun off from Kuaishou's heterogeneous computing and chip division in March 2024…
Series B · 2026-11
—
United States
BusinessLatest roundTotal raisedDate- DensityAI
In-house AI inference chips and full-stack computing hardware/software for high-density AI data centers
— - D-Matrix
AI inference chips and systems for data centers
Series C · $450M · 2025-11 · Valuation $2.0B
$450MValuation $2.0B - Cerebras Systems
Wafer-scale AI chips and supercomputers, and AI training/inference cloud services based on its own hardware.
Series D+ · $2.9B · 2026-02 · Valuation $23B
$2.9BValuation $23B
China
BusinessLatest roundTotal raisedDate- Houmo.AI
Houmo.AI, founded in 2020 by Princeton PhD Wu Qiang, designs compute-in-memory (CIM) edge AI chips, including the M30/M50 chips…
Series B · 2026-11
— - 九万里未来科技
High-performance edge/on-device AI inference chip design; open computing platform for agentic intelligence
Angel · $100M · 2026-09
$100M - Fangqing Technology
Multi-core NPU AI chips, hardware and software stack on a disaggregated architecture routing attention and FFN to dedicated hardware for LLM inference
Series A1 · $71M · 2026-08 · Valuation $1.5B
$71MValuation $1.5B
Europe
BusinessLatest roundTotal raisedDate- Olix
Photonic AI inference chip (DX-1/optical tensor processing unit) that uses SRAM plus photonic interconnects to bypass the HBM bottleneck…
Series B · $532M · 2026-08 · Valuation $3.3B
$532MValuation $3.3B - Fractile
Compute-in-memory AI inference chips and complete systems for data centers
Series C · 2026-10 · Valuation $6.5B pre-money
—Valuation $6.5B pre-money - VSORA
High-performance AI inference chips for automotive, mobile and data center applications
Undisclosed · $46M · 2025-05
$46M
Other / unspecified
BusinessLatest roundTotal raisedDate- NeuReality
Chip-based servers and software tools for enterprises to run generative AI applications and LLMs at low cost
Undisclosed · $20M · 2024-03
$20M - Rebellions
Designs the AI inference chip Rebel100 along with companion servers and full racks, for telecom operators and data centers to run agent inference
Pre-IPO · $898M · 2026-03 · Valuation $2.3B
$898MValuation $2.3B - Tenstorrent
Develops processors and software that enhance AI and machine learning capabilities
Series D+ · $2.3B · 2026-10 · Valuation $6.2B
$2.3BValuation $6.2B
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
Investors that may fit
China Fortune-Tech Capital
12 Compute deals in the last 24 months · 9 at a nearby stage · 12 in North China
Request intro →CAS Star
11 Compute deals in the last 24 months · 4 at a nearby stage · 11 in North China
Request intro →Shenzhen Capital Group
11 Compute deals in the last 24 months · 9 at a nearby stage · 11 in North China
Request intro →Inno Angel Fund
8 Compute deals in the last 24 months · 2 at a nearby stage · 8 in North China
Request intro →GL Ventures
7 Compute deals in the last 24 months · 4 at a nearby stage · 7 in North China
Request intro →Bosch Ventures
7 Compute deals in the last 24 months · 7 at a nearby stage · 1 in North China
Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.