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Suzhou Menhai Microelectronics Technology

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Providing products and system-level solutions to customers at home and abroad based on standardized and modular chip-level R&D platform

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

About Suzhou Menhai Microelectronics Technology

Suzhou Menhai Microelectronics Technology, also known as Gate-sea Microelectronics, is a professional integrated circuit design company established on July 2, 2018. The firm is focused on the research, development, and sales of MCU/SOC chips, providing clients with comprehensive system-level solutions. The company was founded by Lin Xiongxin, a serial entrepreneur who serves as CEO. Before establishing Menhai, Lin was the technical director at Suzhou Guoxin, where he led the development of over 30 distinct chip designs for the information security and automotive electronics sectors, achieving shipments of several hundred million units. The core leadership team brings nearly two decades of semiconductor industry experience to the venture.

Menhai Microelectronics operates in the energy Internet of Things (IoT) market, with a specific focus on the smart grid and new energy photovoltaic (PV) sectors. Its business model involves designing and selling specialized chips and modules to a domestic and international client base. The company generates revenue through the sale of its hardware products and integrated solutions. The product portfolio includes high-performance single/dual-mode broadband power line carrier (HPLC) chips, Wi-SUN small wireless chips, and component-level power electronics for the distributed PV market, such as rapid shutdown devices and smart optimizers. One of its key products, the independently developed HPLC chip, features proprietary noise suppression and intelligent adaptive technology, which addresses communication instability issues over power lines. These products are widely applied in smart grids, power distribution networks, orderly charging systems for electric vehicles, and photovoltaic installations.

The company has secured significant financial backing to fuel its growth and product development. In July 2022, it closed a Series A funding round worth tens of millions of RMB. This was followed by Series B and B+ rounds totaling over 100 million RMB and a C round of financing for a similar amount in April 2024, with funds designated for enhancing PV product research and market expansion.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
China
Open positions
None listed
Dealroom signal
21.0/100
Industry
Semiconductors
Sector
Semiconductors, Microelectronics, Chips, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b, b2c
Links
Website

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES C✓Equity / VC Apr 2024 $14M $55M FOSUN RZ Capital · Nantong Haozhi · Oriza Holdings · Suzhou Industrial Park Science and Technology Innovation Fund ↗
SERIES B✓Equity / VC Mar 2023 $14M $55M Oriza Holdings · Rockchip Investment · Fosun RZ Capital · Lakala Koala Fund ↗
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Growth signals

Suzhou Menhai Microelectronics Technology website traffic

Latest recorded traffic for Suzhou Menhai Microelectronics Technology is 70 monthly website visits.

Latest monthly visits70
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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 A5 investors entered at this stage

  • Oriza Holdings
  • Rockchip Investment
  • Fosun RZ Capital
  • Lakala Koala Fund
  • Nantong Science and Technology Venture Capital

Series B and later2 investors entered at this stage

  • Nantong Haozhi
  • Suzhou Industrial Park Science and Technology Innovation Fund
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Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China 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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