Nano-Core Chip Receives Tens of Millions of Yuan in Pre-A Round of Financing
Recently, Nano-Core Chip, an intelligent Internet of Things computer chip design company, completed a Pre-A round of financing worth of tens of millions of yuan. The investors were Hubei Xiaomi Changjiang Industrial Investment Fund Management Co., Ltd. and Liling Fund. Existing shareholder Sequoia China and Beijing Yuanpei Fund under Founder H Fund continued to invest, and Lighthouse Capital served as exclusive financial consultant.
Nano-Core Chip is headquartered in Hangzhou and has wholly-owned subsidiaries and branches in Wuxi and Shanghai. After this round of financing, the company plans to set up R&D sub-centers in the Netherlands, Beijing and Shenzhen. The founding team has published six AIoT chip measurement results that broke through the current world record in the past three years at the ISSCC (International Solid-State Circuits Conference).
Nano-Core Chip has four international leading technical systems in the field of AIoT chips, including ultra-low power event-driven chip architecture, closed-loop adaptive near-threshold circuit, ultra-low power high-precision sensing technology and high-energy-efficient embedded AI engine technology.
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Nano-Core Chip is committed to building AIoT chip products, which have been applied in batches in consumer electronics, wearable devices, mobile terminals, home appliances, smart homes, power tools and other industries. The company will also explore new field such as new energy vehicles, robots, unmanned vehicles, intelligent manufacturing and smart cities.