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PIM Chip

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Focuses on the research and application of in-memory computing technology, and hopes to create differentiated solutions for partners

Dongcheng District, ChinaFounded 2021Engineering and Manufacturing Equipment
Valuation $50–100M Last recorded · 2022
Total funding $10–50M Disclosed equity funding
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About PIM Chip

Founded in February 2021, PIM Chip is a semiconductor company headquartered in Beijing that concentrates on developing AI accelerator chips using processing-in-memory (PIM) technology. The company was established to address the performance bottlenecks of the traditional von Neumann architecture in AI applications, where the separation of processing and memory units leads to significant energy consumption and data transfer delays. By integrating computation directly within memory, PIM Chip aims to create high-performance, low-power AI computing engines.

The founding team combines deep academic knowledge with extensive industry experience. The initiative was led by Dr. Chen Yiran, a professor at Duke University and a renowned expert in new memory and AI chips, who serves as the chairman. The co-founding team includes CEO Dr. Yang Yue, a Tsinghua University alumnus with a Ph.D. from the University of Toronto, who previously worked as a principal systems architect at Micron Technology. Co-founder Dr. Zhang Yaojun, the first doctoral graduate of Prof. Chen, specializes in MRAM commercial chip development. The team is rounded out by co-founder Xu Zhenlong, who brings over two decades of chip design experience from his time at TSMC.

PIM Chip’s business model revolves around designing and providing hardware units and related IC design services that boost the performance of deep learning computations. The company targets the edge computing market, with products designed for applications in smart wearables, drones, security, robotics, and smart homes, all of which require low power consumption and long standby times. Its revenue is generated through the sale of these specialized chips and providing tailored AI hardware acceleration solutions to clients, which include partnerships with major manufacturers in the smart wearables and image recognition sectors.

The company's product portfolio is built on its PIM technology. One of its key products is the PIMCHIP-S300, a multi-modal intelligent perception and decision-making AI chip that leverages an SRAM-based in-memory computing acceleration unit. This design significantly enhances energy efficiency by minimizing data movement. Another offering is the PIMCHIP-N300, a neural network processing unit designed for machine learning and AI, supporting mixed-precision computing to balance power consumption and performance. These chips are developed using 28nm and 22nm process nodes, a strategic choice that balances performance with manufacturing costs, ensuring a stable supply chain. The company provides a complete development toolkit, enabling clients to shorten their product development cycles.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Dongcheng District, China
Open positions
None listed
Dealroom signal
22.0/100
Industry
Engineering and Manufacturing Equipment
Sector
Engineering and Manufacturing Equipment, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b
Links
Website

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES A✓Equity / VC Aug 2022 $10M $40M HSG · Primavera Capital Group · ZhenFund · Redpoint China Ventures ↗
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Growth signals

PIM Chip website traffic

Latest recorded traffic for PIM Chip is 90 monthly website visits, down 40% over the last three months.

Latest monthly visits90 3-month web change-40%
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Investments and acquisitions

Capital deployed

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Investors

4 investors on the cap table

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

Series A4 investors entered at this stage

  • HSG
  • Primavera Capital Group
  • ZhenFund
  • Redpoint China Ventures
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Source: Dealroom Talent Intelligence.

Global footprint

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

Posts on X, past 7 days

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

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