Tsingmicro Intelligent Technology Raised over CNY 100 Mn in Series B

Technology Author: Fuller Wang Mar 25, 2022 03:36 PM (GMT+8)

Founded in July 2018, Tsingmicro Intelligent Technology is an enterprise focusing on reconfigurable computing chip design.

Chips

On March 25, Tsingmicro Intelligent Technology, an intelligent chip design enterprise, announced that it had completed a Series B financing of hundreds of over CNY 100 million, which was led by Guokai Equipment Manufacturing Industrial Investment Fund managed by Prospect Capital, and followed by SenseTime Guoxiang Capital, Prime Pacific Capital and SL Capital and Z&Y Capital. Index Capital acted as the exclusive financial advisor. Tsingmicro said that this Series of financing would be mainly used for the continuous research and development of enterprise core reconfigurable computing technology, improve the company's product line and solutions in various fields, improve the enterprise's project delivery capacity and expand industry customers.

Founded in July 2018, Tsingmicro Intelligent Technology is an enterprise focusing on reconfigurable computing chip design. The company is committed to building energy-efficient chips covering the cloud side through reconfigurable computing technology. The company has launched TX2 series products for wearable devices and TX5 series products for edge computing, respectively, to meet the needs of smart home, smart wear, intelligent security and other fields. Reconfigurable computing has the characteristics of on-demand real-time reconfiguration, high energy efficiency, low power consumption and universality. It is one of the subversive technologies in the post-Moore era.

The core technicians of Tsingmicro Intelligent Technology come from the reconfigurable computing team (CGRA) led by Professor Wei Shaojun and Professor Yin Shouyi of the Institute of microelectronics of Tsinghua University. The team has studied reconfigurable computing technology since 2006 and accumulated rich technical experience. It is the first team to study reconfigurable computing in China. We will continue to pay attention to the follow-up development of the company.