PANews reported on June 9 that according to 36Kr, AI Infra company Silicon Mobility recently completed a round of financing of several hundred million yuan led by Alibaba Cloud. Old shareholders such as Innovation Works followed up with an excess investment, and China Renaissance Capital served as the exclusive financial advisor. Earlier entrants also included Meituan (strategic investment), Innovation Works, Glory Capital, Qiji Chuangtan, China Growth Capital, and Puhua Capital. This is also a financing for Silicon Mobility after its explosive growth. The last financing was at the end of 2024 before the outbreak. At that time, Silicon Mobility completed a Pre-A round of financing of 100 million yuan led by China Growth Capital, followed by Puhua Capital, and old shareholder Glory Capital followed up with an excess investment. It is understood that this round of financing will be mainly used for talent recruitment, product development, and domestic and foreign market expansion.