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Lisuan Tech

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Develops high-performance TrueGPU, founded by industry-wide leading experts

Nanjing City, ChinaFounded 2021Semiconductors
Valuation $100–250M Last recorded · 2022
Total funding $10–50M Disclosed equity funding
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About Lisuan Tech

Based in Nanjing, China, Lisuan Technology is a semiconductor company established in 2021 that specializes in the research and development of high-performance graphics rendering GPUs. The company operates with a focus on creating its own self-developed architecture and intellectual property, positioning itself to serve a variety of industries including desktop PCs, laptops, smart cities, and the metaverse. The founding team possesses extensive experience in the GPU sector, with its core members having over 20 years of R&D background and a track record of successfully developing 15 different GPUs. Co-founder and co-CEO, Xuan Yifang, was a member of the original S3 GPU founding team in 1992 and has led the production of 15 generations of GPU chips.

Lisuan Tech's business model revolves around providing these proprietary GPU products for industrial clients, with a strategy that includes customized development to meet specific market and customer needs. The company generates revenue through the sale of its GPU boards and by collaborating with clients on tailored solutions. Its target markets are expansive, covering end-user devices, cloud computing, edge computing, and automotive applications. Since its inception, Lisuan has secured significant funding through several venture capital rounds, including a Seed round in November 2021, an early-stage VC round of $15.7 million in January 2022, another round in October 2023, and a substantial $46.1 million early-stage VC round in September 2024, bringing its total raised funds to $61.8 million. These financial injections have been earmarked for the mass production of its GPUs and business expansion.

The company's flagship product line is based on its internally developed TrueGPU architecture. In July 2025, Lisuan unveiled the 7G106, its first 6-nanometer gaming GPU manufactured using TSMC's N6 process node. This GPU supports a wide range of APIs such as DirectX 12, Vulkan 1.3, and OpenGL 4.6, although it does not feature ray tracing capabilities. The 7G106 boasts a maximum throughput of 24 TFLOP/s (FP32) and includes 12 GB of GDDR6 memory on a 192-bit bus. A notable feature is its support for hardware-accelerated AV1 and HEVC decoding at up to 8K resolution, as well as SR-IOV for GPU virtualization, allowing it to be partitioned into multiple virtual containers. The company has demonstrated the chip's capabilities by running demanding games like "Black Myth Wukong" at playable framerates.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Nanjing City, China
Open positions
None listed
Dealroom signal
20.3/100
Industry
Semiconductors
Sector
Semiconductors, Chips, Semiconductor Designers and Manufacturers, Chips and Processors, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Oct 2022 $28M $110M Delta Capital · Zhefang Capital · Juntong Capital · Ondine Capital ↗
Showing the latest 1 of 1 recorded eventsBook a demo for the full funding history →

Growth signals

Lisuan Tech website traffic

Latest recorded traffic for Lisuan Tech is 400 monthly website visits, down 32.2% over the last three months.

Latest monthly visits400 3-month web change-32.2%
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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • Juntong Capital
  • Delta Capital
  • Zhefang Capital
  • Ondine Capital
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Potential founders Hidden — book a demo likely future founders
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Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Nanjing City HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Lisuan Tech on X, ranked by likes and reposts, corporate channels excluded.

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

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