technology
China Chip Startup EVAS Raises $295M on RISC-V Architecture Built for Export-Control Bypass
EVAS Intelligence RISC-V chip startup raised $295 million on September 18, 2026, reaching a $2.21 billion valuation on an architecture that is structurally outside US export control reach because its Swiss nonprofit governance body cannot be subjected to Commerce Department restrictions the way Nvidia GPU exports can.
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