· 3 sources · Updated · Verified
Xinlian Power Raises About $300M Series C for AI Power Chips
Chinese chipmaker Xinlian Power disclosed a about $300 million Series C financing November 2, 2026, aimed at expanding compound semiconductor capacity and AI-server power.
Editorial team
What happened
Chinese chipmaker Xinlian Power disclosed a about $300 million Series C financing November 2, 2026, aimed at expanding compound semiconductor capacity and AI-server power.
The company and market
The company operates in silicon carbide and gallium nitride power systems, making it relevant beyond the AI GPU market.
Financing, ownership and investors
China Mobile's Chain Leader Fund is reported to have led. Other investors include industrial partners such as Inspur Information and Yuanjing Capital. The reported amount is 'nearly' $300 million, not a precise close amount.
Product, technology and operating milestones
Xinlian Power is linked to publicly listed Xinlian Integration. Its power semiconductors address EV power conversion and increasingly higher-efficiency power distribution for AI data centers.
Why this matters for venture capital
The investment reflects AI infrastructure spending extending from accelerators into the electrical power stack. Verify how much new capital is for manufacturing expansion versus internal refinancing or strategic purchasing.
What remains unverified
Financial-media estimates of valuation should not be repeated as company-confirmed figures; no equity percentage or audited revenue was established.
Key facts
- Company
- Xinlian Power
- Announcement date
- 2026-11-02
- Classification
- Startup venture financing
- Evidence
- Primary or dated specialist reporting, linked in VCT's source section
Related VCT coverage
Review the linked startup profile and canonical investment event for funding history, investor relationships and corrected event dates. The company-reported claims above are distinguished from independently verified transaction facts.
Currency conversion
The USD equivalent uses the European Central Bank reference exchange rates from October 30, 2026, the most recent published fixing before the November 2 announcement. Amounts are rounded, and company-reported qualifiers such as 'about' or 'more than' are preserved; these are not separately disclosed USD-denominated transactions.
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Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.