SPACETOUCH is an enterprise focusing on developing core chips and system solutions. It recently completed the Series B+ funding round worth tens of millions of CNY, led by Green Group.
SPACETOUCH (Chinese: 普林芯驰) was founded by a group of electrical engineering professors and PhDs from Princeton University in 2017 and focused on human-computer interaction core chip development. It recently completed the Series B+ funding round worth tens of millions of CNY, led by Green Group, with participation by Puxin Capital. SPACETOUCH will use the capital for R&D investment in intelligent terminal chips.
SPACETOUCH's self-developed chips are widely used in various consumer electronics, intelligent home appliances and car-related devices, delivering high-quality services. Through continuous technical innovation, SPACETOUCH's chip products were mass-produced in 2021 and established two major product lines based on low-signal sensor chips and digital audio processing chips.
SPACETOUCH has maintained the pace of launching 2-3 new products every year, including "Ear detection + touch + pressure" sensor chip, SPT51 chips, SPT61 chips, SPV30 chips, DSP chips and SPV40 chips. SPACETOUCH chips' production reached 20-30 million units in 2022 and customers included domestic companies such as Xiaomi, 1 More, Cosonic Intelligent, Honor and Ximalaya Technology and overseas companies such as Walmart and Softbank.
It is worth mentioning that SPACETOUCH's development of new products is relatively stable, and some products will hit the market soon. The overall chip production is expected to continue to double in 2023.
SPACETOUCH's competitors include Texas Instruments, Nvidia Corp, Sony Corporation, Microchip, Broadcom Inc, Intel, Transcend Information, Broadcom Inc, STMicroelectronics, Taiwan Semiconductor Manufacturing Company and GlobalFoundries.