Intel Capital and Beijing Singularity Power co-lead investment in Espressif
Espressif received an amount-undisclosed investment co-led by Intel Capital and Beijing Singularity Power Investment Fund.
Evidence notes
- Espressif explicitly described Intel Capital and Beijing Singularity Power Investment Fund L.P. as co-leads.
- The company did not disclose the investment amount or valuation.
- Espressif planned to use the capital to expand its IoT and AI technology development.