When was SPACEMIT founded?

SPACEMIT was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is SPACEMIT located?

SPACEMIT is headquartered in Hangzhou, China.

How many employees does SPACEMIT have?

As of Aug 31, 2026, the latest employee count at SPACEMIT is 12.

Is SPACEMIT a funded company?

SPACEMIT is a funded company, having raised a total of $86.1M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Oct 15, 2022.

When was the latest funding round of SPACEMIT?

SPACEMIT's latest funding was a $***** Series B round on Jan 15, 2026, with participation from 5 investors. Its primary sector is Digital ICs. In China, the Digital ICs sector has seen $180M in funding in 2026 to date.

Where does SPACEMIT rank among its competitors?

SPACEMIT ranks 2nd amongst 10 active competitors, of which 4 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was SPACEMIT, which secured $86.1M in Jan, 2026.

Who are the top competitors of SPACEMIT?

SPACEMIT's top competitors include Ampere Computing, AAEON and Eta Compute. Among them, SPACEMIT secured the most recent funding round in January, 2026.

SPACEMIT - 2026 Company Profile, Funding & Competitors

SPACEMIT is a series B company based in Hangzhou (China), founded in 2021. It operates as a Developer of cloud-based computing chips. SPACEMIT has raised $86.1M in funding from Legend Capital and Lenovo. The company has 10 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like Ampere Computing, AAEON and Eta Compute.

Company Details

Developer of cloud-based computing chips. It designs and develops architecture high-performance CPUs with integrated hardware and software optimization. Its applications are in the development of edge servers, high-end intelligent robots, and autonomous driving systems.

Website: spacemit.com
Phone Number: +86 **********

Key Metrics

Founded Year

2021

Location

Hangzhou, China

Stage

Series B

Total Funding

$86.1M in 3 rounds

Latest Funding Round

Series B, Jan 15, 2026, $*****

Investors

Legend Capital & 12 more

Ranked

2^nd among 10 active competitors

Employee Count

12 as on Aug 31, 2026

Similar Companies

Ampere Computing & 10 more

View SPACEMIT's full profile

SPACEMIT has raised a total funding of $86.1M over 3 rounds. Its first funding round was on Oct 15, 2022. Its latest funding round was a Series B round on Jan 15, 2026 for $*****. 5 investors participated in its latest round. SPACEMIT has 13 institutional investors.

Here is the list of recent funding rounds of SPACEMIT:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 15, 2026	1561694	Series B	8337284	6085602	7734278	5816066
Aug 04, 2023	3592657	Series A	8046314	2624181	1405039	Zhen Fund & 3 more
Oct 15, 2022	7229641	Seed	3587703	3966823	Legend Capital	Beyond Ventures & 2 more

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View details of SPACEMIT's funding rounds and investors

SPACEMIT's employee count trend

SPACEMIT has 12 employees as of Aug 26. Here is SPACEMIT's employee count trend over the years:

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Top competitors of SPACEMIT include Ampere Computing, AAEON and Eta Compute. Here is the list of Top 10 competitors of SPACEMIT, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ampere Computing 2017, Santa Clara (United States), Acquired	Platform offering of cloud-native processors	$340M	Oracle, The Carlyle Group & 3 others	61/100
2nd	SPACEMIT 2021, Hangzhou (China), Series B	Developer of cloud-based computing chips	$86.1M	Beyond Ventures, Matrix Partners China & 11 others	54/100
3rd	AAEON 1992, Taipei (Taiwan), Public	Platform offering AI-based industrial and embedded computing platforms	-	-	49/100
4th	Eta Compute 2015, Westlake Village (United States), Series C	Manufacturer of the SoCs for edge computing and embedded systems	$31.9M	Walden International, Synaptics & 4 others	48/100
5th	Yunsilicon Technology 2021, Xuhui (China), Series A	Platform offering network chips to optimize data center performance	-	Lightspeed Venture Partners, IDG Capital & 5 others	33/100
6th	UltraRISC Technology 2019, Shanghai (China), Series A	Cloud-based multi-core processor chip products using RISC-V architecture	$13.7M	Shenzhen Hongtai Fund Investment Management, Trustamc ... & 1 others	29/100
7th	EPIC Semiconductors 2008, Vancouver (Canada), Funding Raised	Nano Cloud Processor for advanced sensing	-	ventureLAB	26/100
8th	TensorChip 2019, Haidian (China), Unfunded	Provider of AI-based microprocessors for cloud computing applications	-	-	24/100
9th	Chengdu Lingdian Technology 2008, Chengdu (China), Unfunded	Processors for computing applications	-	-	16/100
10th	Hexacore 2003, United States, Unfunded	Microprocessors for cloud and edge computing applications	-	-	16/100