Xinlai Technology has won three rounds of investment in a row and will start the next phase of research and technological innovation

According to "Financial Graffiti" news, the local RISC-V processor IP and solutions company "Silicon Technology" announced on June 21 that it has completed a new round of financing. This is also the third consecutive capital obtained by Singular Technology in a year. The blessing and the accumulated capital injection of hundreds of millions of yuan will promote the rapid growth of Xinlai Technology in the RISC-V track.

This round of financing was led by Legend Capital, followed by the CLP Core Technology Research and Investment Fund and Fiberhome Industry Investment Fund. The old shareholders Lanchi Venture Capital, Zhongguancun Chip Creation Integrated Circuit Fund, Skyrim Capital, and Linxin Investment continued to pursue investment.

Prior to this, Xinlai Technology has obtained Jingchen shares, VeriSilicon Microelectronics, TusStar Ventures, Blue Run Ventures, New Micro Capital, Xiaomi Yangtze River Industry Fund, Skyrim Capital, Zhongguancun Xinchuang Integrated Circuit Fund, Lin Xin Investment, Qirong Venture Capital, and other well-known investment institutions and investment by industry parties.

Founded in 2018, Xinlai Technology is one of the first domestic companies to build a technology ecosystem based on the RISC-V open instruction set architecture and take the lead in realizing industrial applications, leading the development of local RISC-V. Starting from scratch, based on the independent and controllable RISC-V architecture CPU core R&D technology, it has output a full series of processor core IP products, leading domestically and first-class in the world. Innovatively use modular design concepts to output customizable RISC-V software and hardware integrated solutions to quickly and efficiently meet the needs of various differentiated applications.

Entering 2021, Xinlai Technology will continue to accelerate the application of RISC-V processor IP. The products have matured and stably entered the mass production design of many customers. Through in-depth cooperation with users, it will gradually introduce more application scenarios and emerging fields. . The self-owned software support system continues to iterate, providing users with a more complete toolchain, SDK, and operating system support. Continuously improving the user service experience, the full-stack SoC IP platform based on the RISC-V processor core is becoming more and more complete, and the business scope is broadened through the subsystem service method, which greatly reduces the user's SoC project design cycle based on the RISC-V processor core. Reduce design costs.

The funds raised in this round will be mainly used to attract more cutting-edge R&D talents to join, accelerate the technology layout of Singular Technology in higher performance RISC-V processor IP, and the continuous research and development of the AIoT design platform, and start based on RISC-V The next stage of ecological research and technological innovation.

Hu Zhenbo, Founder and CEO of Xinlai Technology, said: "Since its establishment three years ago, Xinlai Technology has achieved all-round breakthroughs in team building, RISC-V architecture technology landing, business model innovation, and open ecological construction. It has not only completed the development of established commercial products. The release also clarifies the technological path for future development. As an innovation-driven start-up with independent and controllable core technologies, it will continue to adapt from the bottom IP to the upper application solutions and promote the industry with innovative full-stack services Reform, I am very pleased to get support from like-minded new and old investors on the road of promoting independent research and development of China's local core IP and platforms. The investment community and the industry have highly recognized us, which makes us very confident to realize the RISC-V open architecture The core platform technology empowers China's integrated circuit industry's goals of localization and technological upgrading."

Fan Qihui, Managing Director of Legend Capital, said: “Legend Capital has invested in semiconductors and integrated circuits since its establishment, and later established as the main investment direction. China's integrated circuit industry has limited investment in underlying technologies, especially in There are still many breakpoints in the core technology chain and key supply chain. Ignoring the underlying technology, especially the key core links represented by the processor IP, may restrict the development of the industry. Therefore, our key IP for chip design and RISC- The V open architecture field has always maintained a high degree of attention. Xinlai Technology has assembled top talents on the domestic RISC-V track. We are very optimistic that the team will closely integrate the evolution of open-architecture IP products with the needs of industrial reforms, which has brought transformation to the industry. Innovative services and domestic core application capabilities."

An Peng, General Manager of CEC’s Core Technology Research and Investment Fund, said: “As China Electronics Technology Group Co., Ltd.’s first fund for key core technology R&D investment, we have been promoting the use of internal and external resources to increase the layout of key core technologies for independent innovation. The domestic core processor IP and solutions-focused by Xinlai Technology are an important option for the development of key core technologies of the group company and the formation of a good technology ecosystem. We will continue to help the group company’s strategic, medium and long-term, independent innovation and other key points The project interact with the business development of Xinlai Technology, creating an independent and controllable new driving force for industrial development, and fulfilling the mission of building a strong country through science and technology."

Mr. Dong Qianghua, the representative appointed by the executive affairs partner of Fiberhome Industry Investment Fund, said: “With the upgrading of applications in the electronics industry and the development of China’s integrated circuit industry, the domestic market is in urgent need of a local IP provider such as Singular Technology with core independent intellectual property rights. Singular Technology An excellent team with rich technology and market competitiveness has been formed, committed to building a full series of CPU software and hardware systems based on the RISC-V architecture, and through the modular and fast design process standards that adapt to the needs of the industry, it has helped the domestic integrated circuit industry and electronics The information industry provides independent and controllable basic components and core modules, and Fiberhome’s industrial layout in the fields of information and communication will also benefit from it. With the help of investment and the traction of industrial resources, we look forward to the growth of Xinlai Technology into an international first-line IP company, Responding to the needs of China’s rapidly developing chips and applications, as an important force to promote the development of China’s integrated circuit industry."