Xiling capital and CICC capital jointly participated in the C1 round of Xinwang microelectronics
"Wutong board daily" 28 days news, "science creation board daily" reporter learned that, core Wang microelectronics completed hundreds of millions of yuan C1 round financing, from Shanghai tournament capital, Zhongjin capital, water wood Indus, Zhongke bred, Xuanyuan friendship joint investment, old shareholder silicon port capital continue to the third round of additional investment. The current round of financing funds will be used to invest in the R & D and marketing of vehicle specification chips. It is reported that in 2021, Xinwang microelectronics realized large-scale mass production of vehicle specification MCU products based on self-developed Kungfu core, successfully reached strategic cooperation with many large vehicle manufacturers at home and abroad, and entered the supply chain system of overseas vehicle manufacturers such as Hyundai of Korea and Volkswagen of Germany.
This text is a result of machine translation.
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