Chinese chipmaker SpacemiT, whose RISC-V-based K1 chip is used in industrial systems, robotics, edge computing, and AI devices, raised an ~$86M Series B (Bloomberg)

Bloomberg:
Chinese chipmaker SpacemiT, whose RISC-V-based K1 chip is used in industrial systems, robotics, edge computing, and AI devices, raised an ~$86M Series B  —  Chinese chip company SpacemiT raised more than 600 million yuan ($86 million) in a fresh funding round to speed up commercialization of its products and expand its business.