Nanjing Yitai Microelectronics Technology
Semiconductor company developing Ethernet chips for advanced in-vehicle networking
About Nanjing Yitai Microelectronics Technology
Nanjing Yitai Microelectronics Technology Co., Ltd. (also known as EtlChip) is a fabless semiconductor company established in 2022, specializing in high-performance communication chips for automotive and industrial applications. The company was founded by Zhong Jianfeng and is one of the few teams in China with the capability to develop a full stack of in-vehicle Ethernet chip solutions, including both Physical Layer (PHY) transceivers and Time-Sensitive Networking (TSN) Switch chips.
The company addresses the growing demand for high-speed in-vehicle communication driven by advancements in intelligent cockpits and autonomous driving. While the Chinese market for automotive Ethernet chips has been largely dependent on imports from international giants, EtlChip is focused on providing domestic alternatives. Its product portfolio includes industrial Ethernet chips, which are already in mass production, as well as automotive-grade chips. The company has developed China's first gigabit TSN Ethernet Switch chip, matching the performance of leading international products.
EtlChip serves original equipment manufacturers (OEMs) in the automotive sector, with its "Xingchen" series of switch chips and "Shanhai" series of PHY chips being designated for use in commercial vehicles, passenger cars, and L4 autonomous vehicles. The company projects large-scale application of its chips in vehicle models from 2025 to 2026. The business generates revenue through the sale of its chip products.
Since its founding, EtlChip has completed several funding rounds. After an angel and a Pre-A round in 2023, the company secured a Pre-A+ round in April 2024, led by Zhongke Chuangxing (CASSTAR), to fund further R&D and product delivery. More recently, in August 2025, it announced the completion of a nearly CNY 100 million Series A1 financing round co-led by Changjiang Securities Innovation Investment and CAS STAR.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- Nanjing City, China
- Open positions
- None listed
- Dealroom signal
- 18.3/100
- Industry
- Transportation, Semiconductors
- Sub-industry
- Autonomous & Sensor Tech
- Sector
- Transportation, Semiconductor Designers and Manufacturers, Chips and Processors, SoC (System-on-Chip), DT and LS, science-based
- Technology
- Deep Tech, IoT InternetOfThings
- Business model
- Manufacturing
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Dec 2025 | $2.8M | $69M | Bojiang Capital Management Group | ↗ |
| SERIES A✓Equity / VC | Aug 2025 | $14M | $55M | Qianhai Pengchen Investment · Xi'an Zhongke Chuangxing Technology Incubator · Changjiang Capital | ↗ |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed4 investors entered at this stage
- ZCZhongke Chuangxing
- TGTongchuang Gongjin
- PCPengchen Capital
- YLYiqi Lihe
Series A4 investors entered at this stage
- QIQianhai Pengchen Investment
Xi'an Zhongke Chuangxing Technology Incubator- CCChangjiang Capital
- BGBojiang Capital Management Group
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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