Chixin raises over $30M for low-power UWB chips
What's the deal? Chinese IoT chip designer Chixin has closed a Series A round of more than US$27.5M, led by Shanghai Yanpu Precision Technology (Group)Dealroom has a profile for this one. Try Dealroom →. Backers Hunan Jinxia Shengshi Equity Investment Fund, Quectel Wireless Solutions, and Changsha Lushan Investment Holding GroupDealroom has a profile for this one. Try Dealroom → joined the round.
What's the endgame? Chixin designs low-power IoT chips and focuses on Ultra Wide Band (UWB) technology. It has completed a UWB chip prototype and secured related patents.
Why now? The company says it broke through several key UWB technologies, including a low-power, high-performance communication baseband IP, a high-precision positioning IP, and an analog radio-frequency IP.
The signal: Chixin bills the raise as a record for a single round in the physical AI spatial-sensing chip sector — a sign of investor appetite for the precise positioning that UWB enables.
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