Micronano Core

Based in Hangzhou, China, Micronano Core operates as a developer of Artificial Intelligence of Things (AIoT) System-on-Chips (SoC). The company directs its efforts towards the research and development of ultra-low-power AIoT chips, microcontrollers, and event-triggered Always-On (AON) chips. These products are designed to address the needs of a wide array of industries, including consumer electronics, smart homes, wearable devices, automotive, robotics, and drones. The chip technology combines the intelligence of AI with the connectivity of IoT, facilitating real-time data processing and energy efficiency in compact chipsets.

Micronano Core's business model is centered on generating revenue through the sale of its specialized chip products. The company has successfully secured significant funding to support its operations and growth. In August 2021, it raised $15.4 million in a Seed Round. This was followed by an Early Stage VC (Series A1) round in August 2022, which brought in an additional $29.6 million, for a total of $46.6M raised. A diverse group of 11 investors has backed the company, including notable firms such as Addor Capital, AVIC United Innovation Technology, Founder H Fund, Hangzhou Dongfang Jiafu Asset Management, and Lenovo Capital and Incubator Group.

The company's strategic focus is on the advanced manufacturing, artificial intelligence, machine learning, and Internet of Things verticals. By providing the foundational hardware for intelligent and connected ecosystems, Micronano Core serves businesses that require high-performance, low-power processing capabilities for their respective applications. The products are integral for developers creating devices for smart homes, healthcare, industrial automation, and autonomous systems.

Keywords: AIoT SoC, ultra-low-power chips, microcontroller chips, event-triggered AON chips, system-on-chips developer, consumer electronics components, smart home technology, wearable device chips, automotive electronics, robotics components, drone hardware, IoT hardware, advanced manufacturing, machine learning hardware, semiconductor, Hangzhou tech, Addor Capital portfolio, Lenovo Capital and Incubator Group portfolio