
On December 1, Beijing Yisiwei Computing Technology Co., Ltd. ("Yisiwei Computing"), a provider of AIoT chips and solutions, announced the completion of a RMB 2.5 billion Series C financing.
This round of financing is jointly led by Jinshi Investment and China Internet Investment Fund, followed by Shangyi Investment, China Development Bank Kechuang, Huaxin Investment, etc., and the old shareholders IDG, Legend Capital, Liu Yiqian, etc. continue to increase, and Light Source Capital is the exclusive financial adviser for this financing. After the completion of this financing, Yiswei Calculation will further increase R&D investment and expand the team.
Guoke Jiahe was the investor in the last round of calculations by Yi Siwei. Earlier, Guoke Jiahe managing partner Chen Hongwu said: "As a leader in China's semiconductor industry, Chairman Wang Dongsheng has rich industrial resources and management experience. The layout of Yiswei Computing in the field of 'display-connected-AI' shows the company's grand vision and strategic ambitions in the semiconductor industry. ”
In recent years, the Internet of Things device and chip industry in the AIoT era has seen sustained high growth, and third-party data shows that the global AIoT market size will grow from $226 billion in 2019 to $1.3 trillion in 2026.
Among them, chips account for about 10%, and the annual compound growth rate is close to 30%. Rapid iteration and functional integration on the application side will bring a broad market to chip companies.
In order to cope with various application scenarios in the AIoT era, Yiswei Computing provides chips and solutions in the fields of multimedia systems, intelligent computing, intelligent connection, display interaction, power management and on-board systems around the fields of mobile terminals, smart home, intelligent transportation, and industrial Internet of Things, supported by the three core technologies of computing, connection, and display interaction.
As an emerging chip company, Yiswei Computing adheres to innovation and leadership, continuously improves its technical strength, continuously enriches its products, and develops its business rapidly.
Relying on the layout of Yisiwei Group in the relevant links of the integrated circuit industry chain, Yisiwei Computing and wafer, packaging and testing, board factory closely coordinated innovation, quickly launched new products and introduced customers, has grown into a very competitive rising star enterprise in the chip industry.