Product Reports Resources Pricing Login Book a demo

Enflame

Semiconductors · Huangpu, China · Founded 2018

An artificial intelligence start-up developing cloud-based deep learning chips for AI training platforms MoreLess

Shanghai Suiyuan Technology, commercially known as Enflame, is a semiconductor company established in March 2018, specializing in the development of artificial intelligence chips. The company was co-founded by Zhao Lidong, who serves as CEO, and Zhang Yalin, the COO. Both founders bring extensive experience from the semiconductor industry; Zhao previously held senior roles at Tsinghua Unigroup, while Zhang once led AMD's research division in Shanghai. The name 'Suiyuan' is inspired by the mythological figure Suiren, who discovered fire, symbolizing the company's ambition to ignite wisdom in the AI field.

Enflame designs and manufactures high-performance, general-purpose AI chips for cloud data centers, focusing on both training and inference workloads. Its business model revolves around providing the hardware infrastructure, specifically accelerator cards and supporting software, necessary for large-scale AI model development and deployment. The company targets a diverse client base that includes internet services, finance, transportation, smart cities, and scientific research sectors. A key partner and investor since its early stages is Tencent, with whom Enflame has collaborated on chip development to serve clients in the financial and transportation industries.

The company's product lineup includes several generations of AI accelerators. The first-generation "CloudBlazer T10" was launched in 2019, based on the "Suisi" Deep Thinking Unit (DTU) chip. Enflame has since released subsequent products for both training and inference, such as the 'Yunsui T10' and 'Yunsui T11' for training and the 'Yunsui i10' for inference, all managed by its 'Yusuo' software platform. The architecture of these chips exploits sparsity to skip unnecessary calculations, enhancing efficiency, and features a proprietary high-speed interconnect for scaling across multiple processors. To remain compliant with international regulations, the company has reportedly submitted downgraded chip designs to its manufacturing partners. Enflame has successfully raised significant capital over multiple funding rounds, with its Series D in September 2023 securing approximately $274 million. The firm began the process for an initial public offering on the Shanghai Stock Exchange STAR Market in August 2024.

Keywords: AI chips, deep learning, cloud computing, data center accelerators, semiconductor design, AI hardware, GPGPU, AI training, AI inference, machine learning hardware, Shanghai Suiyuan, Zhao Lidong, Zhang Yalin, CloudBlazer, Yunsui, Yusuo, high-performance computing, application-specific semiconductors, Tencent investment, AI infrastructure, neural network processors, Chinese technology

Valuation $100–500M
Revenue $100–500M
Headcount 100–500
Total funding $500M–1B
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Enflame and the history behind them.

Company overview

Enflame company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
Huangpu, China
Employees
228
Open positions
13
Dealroom signal
69.8
client focusb2btechnologyArtificial IntelligencetechnologyDeep TechtechnologyMachine LearningtechnologyDeep Learningbusiness modelManufacturingsectorTrainingsectorCore AIsectorChipssectorVerified Unicorns and $1B ExitssectorSemiconductor Designers and ManufacturerssectorChips and ProcessorssectorAI Chips and ProcessorssectorHard Tech

Valuation & funding

Enflame funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
IPOExit Aug 2026 $842M Undisclosed
SERIES DEquity / VC Sep 2023 $38M $220M Tencent · Redpoint China Ventures · Pudong Investment Holdings · GuoHe Capital
SERIES CEquity / VC Aug 2022 ZhenFund · Primavera Capital Group · Redpoint China Ventures · Shanghai STVC Group
SERIES CEquity / VC Jan 2021 $279M $1.6B Summitview Capital · CITIC PE · Tencent · Redpoint
SERIES CEquity / VC Jun 2020 YTI Capital · Yun He Capital
SERIES BEquity / VC May 2020 Delta Capital · Redpoint · Oceanpine Capital · Summitview Capital
SERIES AEquity / VC Jun 2019 Tencent · Oceanpine Capital · China Equity
SEEDEquity / VC Aug 2018 Tencent
SEEDEquity / VC Mar 2018 ZhenFund
Showing 9 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $138M 0% 228
2025 $138M +34.8% 228
2024 $102M +140.1% 234
2023 $43M +218.5% 232
2022 $13M 230
2021 212
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Enflame website traffic

Latest recorded traffic for Enflame is 690 monthly website visits, up 283.3% over the last three months. Enflame's team grew 0% over the past year.

Latest monthly visits690 3-month web change+283.3% 1-year team growth0%
Monthly website visits85 observations · Dec 2018–Apr 2026
Hover or focus a point to see its exact monthly valueCompare with peers →

Comparisons

Enflame compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Enflame's talent

Book a demo to see the people
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

31 investors on Enflame's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 2 investors entered at this stage
Series A 5 investors entered at this stage
Oceanpine Capital
China Equity
Summitview Capital
Delta Capital
Redpoint
Series B+ 20 investors entered at this stage
YTI Capital
Yun He Capital
CITIC PE
Primavera Capital Group
CICC Alpha
CICC
Redpoint China Ventures
Shanghai STVC Group
Wu Yuefeng Capital
Guofang Innovation
GuoHe Capital
GP Capital
Shanghai International Group Asset Management
Pudong Investment Holdings
Hundreds Capital
GF Qianhe
Gage Finance
Meitu
Shanghai Guoxin Venture Capital
Beijing Yuntai Investment Management
Other known 4 additional known investors
Boyan fund
China National Integrated Circuit Industry Investment Fund (CICF)
David Yuan
Vic Koch

Global footprint

Where Enflame has talent and traffic

Workforce by country
4 countries with
team presence
🇨🇳 China98.1%
🇩🇪 Germany0.6%
🇸🇬 Singapore0.6%
🇦🇺 Australia0.6%
4 countries shown

In the news

Latest news about Enflame

Recent press, funding announcements, and product moves mentioning Enflame — open to read from the original sources.

See all news

Market sentiment

What the market is saying about Enflame

An AI-synthesized read of the highest-engagement posts about Enflame on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

See Enflame’s full profile on Dealroom

Request a free trial to see the complete deal history, financials, people graph and growth signals.

Takes under a minute. Already use Dealroom? Log in.