SEMI-TECH, a Chinese industrial software supplier, harvested CNY 540 million from series A++ and series B. SEMI-TECH is the first domestic player that can provide a complete set of intelligent manufacturing software solutions for fully automated 12-inch wafer production.
Chinese industrial software supplier SEMI-TECH (Chinese: 赛美特) has bagged CNY 540 million (USD 80.646 million) from series A++ and series B. Its investors include China Internet Investment Fund (Chinese: 中国互联网投资基金), BYD Company Limited (Chinese: 比亚迪股份), Inno-chip (Chinese: 韦豪创芯), GLVentures (Chinese: 高瓴创投), Shanghai STVC Group (Chinese: 上海科创), FTZ Fund (Chinese: 上海自贸区基金), Skyview Fund (Chinese: 天善资本).
The proceeds will be mainly spent on R&D and mergers & acquisitions, with an aim to speed up the creation of nationwide autonomous manufacturing software solutions, integrate and improve the product matrix, and expand regional markets.
The core product of SEMI-TECH is an intelligent manufacturing system that can be applied to high-tech manufacturing industries such as semiconductors, photovoltaics, and LED, which covers production, quality control, and logistics needs. SEMI-TECH has built a complete product matrix judging from the production fields that have embraced industrial software now.
SEMI-TECH is the first domestic player that can provide a complete set of intelligent manufacturing software solutions for fully automated 12-inch wafer production. Its self-developed purely domestic CIM system has stood the test of domestic 8/12-inch wafer mass production, marking a valid forward move in this field.
SEMI-TECH has decades of experience and competitive technologies in building intelligent manufacturing systems in the fields of semiconductor/pan-semiconductor, rail transport, equipment manufacturing, new energy vehicles, and electronic assembly. At present, the company has over 450 employees, of which 80% are technicians.
According to data from the United Nations Statistics Division, in 2018, China's industrial output value accounted for 28.40% of the world. However, China’s industrial software market is estimated at only 5.73% of the world's total, indicating a potential five-fold increase.