Seal core semiconductor announced the completion of nearly 100 million yuan Angel round financing, leading the innovation of high-end network chips

Recently, zhuanxin semiconductor (Nanjing) Co., Ltd. (hereinafter referred to as "zhuanxin") announced the completion of nearly 100 million yuan Angel round financing, with investors including Gaorong capital and Xinya fund. Seal core has been officially put into operation since August 2021. The company is committed to developing high-performance programmable network chips with independent intellectual property rights to create flexible and open network solutions for cloud service providers, equipment manufacturers, operators and large enterprises. Since its establishment, seal core has made breakthroughs in product development, R & D team construction and industrial ecological strategic cooperation. Up to now, seal core has branches in Nanjing, Shanghai, Xi'an and Silicon Valley. With the business development, seal core plans to set up R & D institutions in more domestic cities. The current round of financing funds will be used for R & D team construction, chip R & D acceleration and industrial chain upgrading. The person in charge of Gaorong capital project said: "The experienced management team of seal core has accumulated a lot of experience, and its deep insight into the domestic market and successful practice provide important support for market development. At the same time, the R & D team with craftsmanship spirit has been working in the front line of chip design for a long time, ensuring the understanding of technology and market and the implementation of products. We look forward to the launch of high-end digital communication network chips independently developed by seal core and leading the industry Innovation! " Wang Bing, founder, chairman and CEO of Zhuan core, said: "the network chip is not only the demand of the market, but also the voice of the times. The establishment of Zhuan core is due to the harmony of time, place and people. Zhuan core will forge ahead, live up to the ardent expectations of all sectors of society, fully support the high-quality development of China's chip industry and strive for mass production as soon as possible."