Recently, Gallium Nitride Enterprise Jingtong Semiconductor and Silicon Carbide Enterprise Zhenchao Technology have obtained financing.
According to incomplete statistics, in the third quarter of this year alone, more than 10 third-generation semiconductor companies in China have obtained financing, and the third-generation semiconductor market continues to heat up.
300 million! Increase the development of silicon carbide electric drive
Zhen drive technology completed a B2 round of financing of 300 million yuan, which was led by CICC Capital, followed by new shareholders such as Ron yi investment, China Merchants Capital, and Haiwang Capital, a subsidiary of Pudong Kechuang Group. In addition, old shareholders such as Legend Capital, Fore Fund, and Lenovo Venture Capital continue to increase.
According to Dr. Shen Jie, chairman and CEO of Zhen drive Technology, this round of financing will be mainly used for the operation of a number of mass production projects, the expansion of production lines, and the research and development and market promotion of next-generation silicon carbide electric drive solutions and power semiconductor modules.
According to public information, Zhen drive technology was established in 2017, mainly research and development, production and sales of new energy vehicle powertrain and high-performance domestic power semiconductor modules. At present, the product line covers the whole industry chain of new energy vehicles from power semiconductor modules, motor controllers to powertrains, and stable shipments from Germany and China.
Jingtong Semiconductor received tens of millions of financing
Jingtong Semiconductor recently received a 10 million RMB seed round of strategic financing by Silergy, Asia's largest independent analog chip design company. This round of financing will be mainly used for product research and development, talent recruitment, research and development center construction and so on.
Silicon Jie investors revealed that in the field of power conversion, the current development of silicon-based technology has come to an end, and gallium nitride technology is accelerating its development, and gradually implemented into new scene applications, which will greatly change people's lifestyles in the future. Silicon Jie is optimistic about the complete experience of the Jingtong Semiconductor team in gallium nitride power devices, as well as overseas talent resources and advanced international vision. Therefore, we hope to bring a win-win situation with this investment, and we can bring better products to customers and various new fields.
Jingtong Semiconductor landed in Shenzhen at the end of 2020, and currently has two series of products developed and designed, namely gallium nitride (GaN) power devices and device driver chips.
Will the third generation of semiconductors enter a period of expansion?
The third generation of semiconductors, that is, wide bandgap semiconductors, represented by SiC and GaN, have superior performances such as high frequency, high efficiency, high power, high pressure resistance, high temperature resistance, and strong radiation resistance.
With the rapid development of a new generation of mobile communications, new energy vehicles, high-speed rail trains, energy Internet and other industries, the third generation of semiconductors as the key core materials and electronic components for the independent innovation and development of the industry and the transformation and upgrading, the market ushered in a period of rapid growth.
China has the largest application market for the third generation of semiconductor materials, and it can be seen that the domestic SiC and GaN markets will stand on the cusp in the next few years. Nowadays, driven by the dual policies and markets, many mainstream domestic enterprises have begun to actively expand their production layout, and the industry has entered a period of expansion.
Source: Compound Semiconductor Market
Cover image source: Paixin.com