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Hangzhou Xingxin Technology

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EDA enterprise with proprietary signoff toolchains optimizing power, performance, and area for clients

Hangzhou, ChinaFounded 2018Semiconductors
Valuation $100–250M Last recorded · 2024
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Hangzhou Xingxin Technology and the history behind them.

About Hangzhou Xingxin Technology

Phlexing operates as a pioneering EDA enterprise in the post-Moore era, focusing on developing industry-leading signoff toolchains. With a team of experts and core technologies, Phlexing holds complete independent intellectual property rights, ensuring international competitiveness. The company is dedicated to helping clients achieve optimal power consumption, performance, and area (PPA) goals through its breakthrough signoff technology. Phlexing serves clients in the semiconductor industry, providing them with advanced tools to enhance their design processes. The business model revolves around offering proprietary software solutions that address critical design challenges, thereby generating revenue through software licensing and support services.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Hangzhou, China
Open positions
1
Dealroom signal
20.7/100
Industry
Semiconductors
Sector
Semiconductors, Spinout, Semiconductor Engineering Tools, Electronic Design Automation (EDA), DT and LS, science-based
Technology
Deep Tech
Business model
SaaS
Client focus
b2b
Links
Website

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES D✓Equity / VC Mar 2026 — — CITIC Securities · ABC Financial Assets Investment ↗
SERIES D✓Equity / VC Dec 2024 $28M $110M China National Integrated Circuit Industry Investment Fund (CICF) ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Hangzhou Xingxin Technology website traffic

Latest recorded traffic for Hangzhou Xingxin Technology is 1.8K monthly website visits, up 800% over the last three months.

Latest monthly visits1.8K 3-month web change+800%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • SMIC Juyuan
  • Hua Partners

Series B and later3 investors entered at this stage

  • China National Integrated Circuit Industry Investment Fund (CICF)
  • CITIC Securities
  • ABC Financial Assets Investment

Other known investors2 additional known investors

  • Zhejiang University
  • HyT Capital
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Hangzhou HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Hangzhou Xingxin Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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