Dayi Jiaxing Secures Tens of Millions in Angel Round Funding

Automotive Author: EqualOcean News Editor: Leci Zhang Jun 14, 2024 05:39 PM (GMT+8)

Electronic test and measurement equipment manufacturer Dayi Jiaxing recently completed an angel round of funding of tens of millions of yuan, co-invested by Chuangdong Investment, Cornerstone Capital and Qirong Venture Capital. The money will be used for talent development, product development and marketing.


EqualOcean reports that electronic test and measurement instrument manufacturer Dayi Jiaxing has recently completed an angel round financing, raising tens of millions of RMB. This round was co-invested by Eastern Investment Capital, Cornerstone Capital, and Qirong Venture Capital. The funds will be used for talent acquisition, product development, and market expansion.

Founded in 2024, Dayi Jiaxing is a startup dedicated to the implementation of electronic testing systems in various industries. The company develops and produces bus-based modular instruments for signal acquisition and generation, targeting applications in semiconductor, component, and automotive electronics testing.

Since its establishment, Dayi Jiaxing has focused on industry implementation, particularly in the aerospace satellite and automotive sectors. The company provides system-level industry products and tailored solutions for domestic market needs.

In the satellite communication sector, Dayi Jiaxing develops and produces satellite wireless monitoring and control link products. These products are used for satellite status monitoring, signal analysis, and reliability testing, performing extensive functional and performance tests on the ground to ensure reliable communication, control, data reception, and command execution in satellite-ground and inter-satellite links, thus safeguarding the satellite's operational "lifeline."

In the automotive sector, Dayi Jiaxing plans to develop various products for testing key components and core systems of automotive electronics to meet the growing demand in the new energy vehicle market. The products include specialized testing equipment for the production phase of new energy vehicle electric drive systems, such as motor simulators; specialized testing equipment for ADAS (Advanced Driver Assistance Systems) environmental perception modules, such as millimeter-wave radar target simulators; and early fault diagnosis equipment for mechanical parts like drive motors, air conditioning compressors, and mirrors, such as NVH (Noise, Vibration, and Harshness) testing systems.

The founding team of Dayi Jiaxing primarily hails from the University of Science and Technology of China and Harbin Institute of Technology. Co-founder Xu Shan previously served as a regional director at National Instruments (NI) with 16 years of market experience in the electronic test and measurement industry. Aerospace business lead Han Shuai is a professor and doctoral supervisor at the School of Electrical Engineering and Automation, Harbin Institute of Technology, holding over 20 patents and provincial-level standards in satellite systems and signal algorithms. The core team boasts over 15 years of research, market, and management experience in electronic test and measurement, satellite communication, and automotive platforms.

Ruan Qingguo, Managing Partner and President of Eastern Investment Capital, stated that measurement equipment has always been the hidden champion behind manufacturing industries, particularly in high-precision fields like aerospace. Electronic measurement spans the entire industrial chain and product lifecycle, and high-end measurement equipment and quality measurement systems have long been a pain point for domestic production. Dayi Jiaxing, with its mature R&D team, is dedicated to addressing these issues and has the potential to become a benchmark in the industry.