"Kungaoxinxin" completed nearly 200 million yuan A round of financing

Aiji Micro News on the 16th, the independent controllable modulus integrated chip design provider Kungangxinxinxin Microelectronics (Jiangsu) Co., Ltd. completed nearly 200 million yuan in Series A financing. Investors include Shangzhang Capital, Bei Auto Production Investment, Shenzhen Venture Capital, and Capital. Capital, Pricewater Capital, Yunfeng Fund, Jiaotong International, Sanhua Hongdao, Dingxin Capital, Guoshun Investment, Kungang Group, CITIC Construction Investment Book, etc. It is reported that the round -off financing of Kungaoka is mainly used for chip research and development, mass production, and technical team expansion.

According to the company's information, Kungaoxinxin was established in 2019. The company is currently developing Ethernet PHY, gateway and TSN exchange chips. The target market is automotive electronics, industrial Internet, rail transit, smart grids and smart buildings. It is automatic & driverless driving , China ’s intelligent manufacturing, rail transit and smart grid buildings provide“ independent intellectual property, independent controllable ”domestic chips.

As the automotive industry ushered in the wave of intelligence, the traditional bus technology is difficult to connect to the high -speed vehicle communication needs in the intelligent era. The high -speed and larger vehicle Ethernet technology is more suitable for the development path of smart cars in the future. CICC research estimates that in 2025, the market size of the domestic car Ethernet chip (including PHY chips and switching chips) will reach 29.3 billion yuan, and the CAGR is 66%during the 2020-25E period. In such a market background, Kun Gaoxinxin is committed to breaking the current situation of Ethernet chip relying on foreign imports for a long time and striving to achieve domestic chips. It is reported that Kungaoxinxin is currently a successful company that has achieved the success of TSN exchange chip streamlined earlier in China. Now that the TSN chip test has been completed, it is about to enter the mass production phase. TSN technology provides a set of protocol standards for data link layers based on Ethernet, solving the reliability and certainty of data transmission and acquisition in network communication.

The smart bud TFFI science and technology innovation assessment platform shows that there are currently more than 30 patent applications of Kungaoxinxin, all of which are invention patents.

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