It is precisely because of the original intention of 895 Incubator to find and support excellent projects at the forefront of science and technology that 895 Incubator has attracted a number of high-quality projects from all over the country, and these projects have also attracted the attention of external investors. According to statistics, from January to June 2023, a total of 25 projects in the 895 incubator have been financed, presenting 29 pieces of good news for financing.
According to the track, it is divided into -
There are a total of 8 enterprises financing in the "integrated circuit" track, which is the track with the most concentrated financing projects. They are: Maizhu Semiconductor, Qingxin Semiconductor, Muxi Integrated Circuit, Synsense Technology, Xianji Semiconductor, Yaoxin Micro, Luxin Electronics, and Xingxin Technology. Among them, Synsense Shizhi Technology and Muxi Integrated Circuit received 2 strategic financings within half a year.
There are a total of 6 companies financing in the "Future Car" track, they are: InBev Supercomputer, Tianmu Optoelectronics, Youpao Technology, Kunyi Electronics, Yingchi Technology, and CTP Parking. Among them, Youpao Technology has received hundreds of millions of yuan in Series B financing, which is the highest single financing amount disclosed in the past six months.
There are cross-cutting fields between "future cars" and "integrated circuits", both of which are hard-core industries that Pudong is focusing on developingThe pharmaceutical and health track, another advantageous industry in Zhangjiang and one of the hard-core industries in Pudong, also performed eye-catchingly, with a total of 4 companies financing, namely Huinuo Pharmaceutical, Qinhao Pharmaceutical, Zhuodao Medical, and HighTideThe aerospace track is also hot, with a total of 3 companies receiving financing, they are Shi Technology, Zhongke Yuchen, and Galileo Satellite Navigation.
In terms of months, 7 projects were financed in February, which was the most active month for project financingThis was followed by March, when a total of six projects were fundedAgain in April, there were 5 projects funded;Three and four projects were financed in May and June, respectivelyIn January, due to the Spring Festival holiday, only 2 projects received financing.
It is worth mentioning that of the 28 financing events in the first half of 2023, 19 were strategic financings. In addition, there are 5 companies that have obtained Series A (including Pre-A round and A+) financing, they are CTP Parking, Time Technology, Maizhu Semiconductor, Tianmu Optoelectronics, and Siyi Intelligence;There are also 4 companies that have obtained B round (including Pre-B+ round and B+) financing, they are Zhuodao Medical, Synsense Shizhi Technology, Youpao Technology, and Yingchi Technology. It can be seen that the early projects of the 895 incubator are favored by capital.
Let's follow the timeline together
Let's take a look at the specific financing projects
January
HighTide Pharmaceutical
On January 5, HighTide announced the completion of 1$0.7 billion Series C C+ financing. This round of financing was led by China Development Bank Capital and Guangdong Traditional Chinese Medicine Health**, which is managed by Guangdong State-owned Assets, with the participation of Yuexiu Industry**, Yufeng Shengtai**'s 10 billion capital and related enterprises. The proceeds raised in this round will be used to advance the global development, commercialization and commercial expansion of a number of mid-to-late-stage clinical trials of HighTide's pipeline under development.
HighTide Therapeutics is a globally integrated novel biotechnology company focused on significant unmet clinical needs in the areas of metabolic diseases and digestive diseases. Based on source innovation, the company develops first-in-class multi-target original innovative drugs with the goal of comprehensive clinical benefit and overall health improvement of patients.
Huinuo Pharmaceutical
On January 19, Huinuo announced the completion of a new round of strategic financing, which was invested by Pangu Ventures.
Huinuo Biopharma is an innovative company in the clinical stage focusing on the research and development of new anti-infective drugs, based on the needs of Chinese medicine, with leading breakthrough anti-infective products and global competitive potential. The company's vision is to lead the new anti-infection and protect public health.
February
of technology
On February 8, Shi Technology announced the completion of a 100 million yuan Pre-A round of financing, led by Yuanyi Investment, followed by Kunlun Capital, KIP Capital, old shareholders Lanchi Venture Capital and Dexun Investment, and the funds will be used for prototype research and development, testing and team development.
Founded in 2021, Shitech is a high-tech enterprise that develops manned electric vertical take-off and landing aircraft (EVTOL). Relying on safe and reliable aviation technology and intelligent algorithms, the company is committed to building a green and sustainable digital three-dimensional transportation ecosystem. "Shi" means "time taxi", which aims to provide safe and convenient air travel services for the society.
Zhongke Yuchen
On February 9, Zhongke Yuchen announced the completion of a new round of strategic financing, which was invested by Chongning Capital.
Founded in 2013, Zhongke Yuchen is a high-tech enterprise specializing in the R&D and manufacturing of laser additive manufacturing equipment (metal 3D printing, surface treatment technology), intelligent laser welding equipment, automated production lines, and core devices.
Maizhu Semiconductor
On February 10, Maicast Semiconductor completed a 15 million Pre A+ round of financing, which was pursued by the old shareholders Hainan Zhihua Investment Partnership and Guangzhou Runmingce Investment and Development Partnership, and this round of financing funds will be mainly used for the promotion of mass production and new product development in the next stage of the company, and promote the mass production and application of products.
Founded in 2018, Maicast Semiconductor is an incubator of the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences, and is positioned as an overall solution provider for wafer-level MEMS-casting technology application in the semiconductor industry, and is committed to promoting the R&D and industrialization of wafer-level MEMS-casting technology.
Zhuodao Medical
On February 15, Zhuodao Medical announced the completion of Series B financing, which was jointly led by Danlu Capital and Hengxu Capital, followed by Shunwei Capital, with a total investment of more than 100 million yuan. This round of financing will accelerate the innovative R&D, market access and large-scale implementation of Zhuodao Medical in the field of intelligent comprehensive solutions.
Founded in 2015, Zhuodao Medical is a high-tech enterprise in Shanghai engaged in the R&D and industrialization of high-end robots and intelligent comprehensive solutions in China. The company has a team of more than 100 people, the core team has more than ten years of experience in robot research and development and medical device project management, relying on the systematic, framework, multidisciplinary integration of the robot technology platform research and development, has been installed in nearly 1,000 hospitals and institutions across the country.
Qingxin Semiconductor
On February 20, Qingxin Semiconductor completed a round of strategic financing, which was invested by Huayan Capital and Fangguang Capital.
Qingxin Semiconductor is an integrated circuit design company headquartered in Zhangjiang Science City, Shanghai, focusing on chip and IP design in the field of high-performance heterogeneous acceleration. The company focuses on the field of server acceleration (computing acceleration, interconnection acceleration, storage acceleration and security acceleration) to carry out its own chip product development and customized chip product development.
Luxin Electronics
On February 27, Luxin Electronics announced the completion of a new round of strategic financing, which was invested by Xeno.
Founded in May 2017, Luxin Electronics is a high-tech enterprise specializing in the R&D, production and sales of the latest generation of power semiconductors. The company has mastered the core technology, has world-class design capabilities and process development technology, and brings together outstanding returnee talents and outstanding local teams. At present, it has more than 40 independent innovation patents. In 2019, it was awarded the honorary qualification of the first batch of national high-tech enterprises in Shanghai.
Muxi integrated circuit
On February 28, Muxi Integrated Circuit announced the completion of a new round of strategic financing, which was invested by Shanghai Rongzhihe Technology, Ningbo Qixia**, Ruishi Growth, Zhongyuan Airport**, Puchao Capital, and Zhongwei Yihe.
Muxi IC was established in Shanghai in September 2020 and has established wholly-owned subsidiaries and R&D centers in Beijing, Nanjing, Chengdu, Hangzhou, Shenzhen and Wuhan. The company is committed to providing full-stack GPU chips and solutions for heterogeneous computing, which can be widely used in artificial intelligence, smart cities, data centers, cloud computing, autonomous driving, digital twins, metaverse and other frontier fields, providing strong computing power support for the development of the digital economy.
March
Synsense
On March 2, Synsense announced that it had successfully completed the delivery of nearly 10 million US dollars in Pre-B+ round of financing. This round of financing is led by Ausvic Capital, and the financing funds will be used to promote the mass production and delivery of Synsense's world's first "sensor-computing integration" dynamic visual intelligence SOC and original technology research and development, so as to accelerate the provision of new brain-like edge computing solutions for smart home, smart security, smart farming, autonomous driving, drones and other fields.
Shizhi Technology is the world's leading international high-tech company focusing on the design and development of neuromorphic computing and artificial intelligence processors. Founded in March 2017 in Zurich, Switzerland, AICTX, the company's predecessor provides groundbreaking ultra-low energy consumption and ultra-low latency chip designs and solutions for a series of artificial intelligence application scenarios, based on more than 20 years of rich research results of Zurich University and ETH Zurich and the world's cutting-edge scientific research strength.
Siyi Intelligence
On March 6, Siyi Intelligent announced the completion of nearly 100 million yuan in Series A financing. This round was led by Guosheng Capital, and the original investor, Daoyuan Capital, continued to follow. The funds raised will be used to accelerate the innovative research and development of integrated solutions in the field of neuroscience and build a digital service platform.
Founded in 2017, Siyi Intelligent is a national high-tech enterprise focusing on providing professional intelligent products and innovative services for hospitals, communities and families. The company is committed to overcoming the core technology in the field of robotics, through the intelligent transformation and digital upgrading of the industry, to create an integrated solution of "intelligent hardware + service + AI technology", to break through the technical and information barriers of the whole cycle of hospitals, communities and families, and to realize the vision of innovative services for everyone.
Xianji Semiconductor
On March 20, Xianji Semiconductor announced the completion of a new round of strategic financing, which was invested by Shanghai Free Trade Zone**, Qingkong Jinxin Capital, and Yuquan Capital.
Pioneer Semiconductor is a semiconductor company dedicated to high-performance embedded solutions, covering microcontrollers, microprocessors and peripheral chips, as well as supporting development tools and ecosystems. Founded in June 2020, the company is headquartered in Zhangjiang Hi-Tech Park, Shanghai, and has branches in Tianjin, Shenzhen, Suzhou and Hangzhou. The core team comes from the management team of world-renowned semiconductor companies, with more than 15 years of rich R&D and management experience in more than 20 SoCs.
Qinhao Pharmaceutical
On March 20, Genhouse announced the completion of a new round of strategic financing, which was invested by Shanghai Innovation Investment.
Founded in 2014, Genhouse Therapeutics is a biotechnology company focused on the development of the world's leading small molecule anti-tumor drugs. The company strives to build a unique innovative drug R&D system, and has established a structure-activity relationship research platform based on structural biology, an early-stage drug screening platform based on target research, and a preclinical evaluation platform covering efficacy, metabolism and safety studies, forming a product pipeline with targeted anti-tumor varieties as the core.
InBev supercomputing
On March 22, InBev Supercomputer announced the completion of a new round of strategic financing, which was invested by Orange Leaf Investment, Shenzhen Deyi Investment and Hunan Zhaowei.
Founded in 2018, InBev Supercomputer is a first-class subsidiary of ZTE. The company is a leading provider of overall solutions for the autonomous driving industry with leading technology and industrialization advantages, focusing on the development of software-defined vehicles and full-stack technologies for autonomous driving, determined to break the traditional stereotype of tier1 only integration in the field of automotive electronics, and is committed to the independent self-development and industrialization of high-quality intelligent driving system software and hardware.
Galileo satellite navigation
On March 31, Galileo Satellite Navigation announced the completion of a new round of strategic financing, which was invested by Zhongze Guanghua Technology.
Galileo Satellite Navigation was established in Beijing in December 2004. After nearly 20 years of development, China's Galileo has formed a holographic geographic information perception capability with "Beidou + Gaofen" as the core, and has complete resources and a complete technical system. China Galileo will also provide system consulting and design, full-process and all-factor spatio-temporal information analysis services for ecological environment, natural resources, agriculture, forestry and grassland, meteorology and hydrology and other fields through the deep integration of emerging digital economy technologies such as low-orbit satellite mobile and artificial intelligence Internet of Things (AIoTg communication), and build a digital foundation for the implementation of refined supervision and scientific decision-making by leading institutions.
Synsense
On March 31, Synsense announced that it had completed a new round of strategic financing of tens of millions of yuan. This round of financing is co-led by Maxvision Technology and Runwu Venture Capital, and the funds will be mainly used to promote the research and development of Synsense's 3D AI high-speed vision brain-like processor, so as to expand high-speed dynamic vision solutions that can be widely used in autonomous systems such as drones, robots, and autonomous driving.
Shizhi Technology is the world's leading international high-tech company focusing on the design and development of neuromorphic computing and artificial intelligence processors. Founded in March 2017 in Zurich, Switzerland, AICTX, the company's predecessor provides groundbreaking ultra-low energy consumption and ultra-low latency chip designs and solutions for a series of artificial intelligence application scenarios, based on more than 20 years of rich research results of Zurich University and ETH Zurich and the world's cutting-edge scientific research strength.
April
InnoX Technology
On April 12, InnoChina announced the completion of a new round of strategic financing, which was invested by China Power Commerce Financial Leasing***.
Founded in 2017, InnoChina has been focusing on the storage field for more than five years, and has mass-produced 7 main control chips so far, pursuing safety, efficiency and low energy consumption. This presentation focused on how InnoGrit® has comprehensively improved product security indicators and adopted the next-generation PCIe 50 SSD main control chip TACOMA (IG5669) as an example, shared the relevant achievements of InnoGrit from two aspects: data security and technical sustainability security.
Yaoxin Micro
On April 12, Yaoxin Micro announced the completion of a new round of strategic financing, which was invested by Hainan Tuoyuan Enterprise and Yushan Capital.
Founded in 2019 and located in Zhangjiang Science City, Shanghai, Yaoxin Microelectronics is mainly committed to the design, R&D and sales of power devices and intelligent sensors, and its main products are silicon power devices, silicon carbide power devices and MEMS sensors, as well as matching signal processing chips. Encouraging innovation and pursuing excellence, Yaoxin Micro aims to become a world-class semiconductor product manufacturer.
Muxi integrated circuit
On April 19, Muxi IC announced the completion of a new round of strategic financing, which was invested by Harbin Keli Venture Capital.
Muxi IC was established in Shanghai in September 2020 and has established wholly-owned subsidiaries and R&D centers in Beijing, Nanjing, Chengdu, Hangzhou, Shenzhen and Wuhan. The company is committed to providing full-stack GPU chips and solutions for heterogeneous computing, which can be widely used in artificial intelligence, smart cities, data centers, cloud computing, autonomous driving, digital twins, metaverse and other frontier fields, providing strong computing power support for the development of the digital economy.
Xingxin Technology
On April 19, Xingxin Technology announced the completion of a new round of strategic financing, which was invested by Suzhou Dingyue Enterprise, Gaosheng (Anji) Enterprise Management, Heli Capital, Rongtai Zhonghe, and Anxin Investment.
On April 26, Xingxin Technology once again announced the completion of another round of new strategic financing, which was invested by Junshang Capital.
Founded in 2018, the company has a top EDA team and core technology, is an EDA enterprise with completely independent intellectual property rights and international competitiveness, committed to the research and development of industry-leading Signoff tool chain, with breakthrough Signoff technology to help customers achieve the best power consumption, performance and area (PPA) goals, promote the collaboration of chip design and manufacturing (DTCO) and empower the development of the global integrated circuit industry.
Tianmu photoelectric
On April 28, Tianmu Optoelectronics announced that it had completed nearly 100 million yuan of Pre-A round of financing, and the main investment institutions include United Optoelectronics Industry Capital, Tongxin Capital and Optics Valley Financial Holdings. This round of financing will be mainly used for the construction of mechanical lidar automation production line and the research and development of advanced technology radar.
Founded in 2019, Wuhan Tianmu Optoelectronics focuses on the R&D, production and sales of LiDAR scanning imaging, LiDAR ranging and other products, and provides customers with LiDAR related application solutions and services. At present, the company's mechanical lidar has been widely used in: sanitizing, cleaning, security, inspection, robots, logistics and distribution, automatic driving and other industries and military fields.
May
Jun embedded sensing
On May 6, Junji Sensing announced the completion of a new round of strategic financing, which was invested by Yuanhang Capital.
Founded in 2016, Junji Sensing is a developer of sensors for new energy vehicles, specializing in technology development, production, assembly and sales in the field of automotive sensors. The core sensor of the motor of the new energy vehicle independently developed and produced can detect the position and speed information of the motor rotor of the new energy vehicle in real time, and realize the high-precision control of the motor by the controller.
Yoo Run Technology
On May 18, Yopao Technology announced the completion of the B round of financing of hundreds of millions of yuan. This round of financing was led by Hefei Industrial Investment, and Dongchuang Investment, Huoyan Capital, as well as old shareholders such as Jingwei Venture Capital, Genesis Partner CCV, and Zhen Ge** continued to invest. The funds from this round of financing will be mainly used to promote the technological innovation of the UP super chassis, as well as the R&D and mass production of electric commercial vehicles and electric off-road vehicles based on it.
Youpao Technology is a new intelligent electric vehicle company that builds cars for the scene, and is the leader of the skateboard chassis track. By providing the most standardized UP super chassis, the vehicle research and development can be effectively shortened by 6-12 months, helping owners in all scenarios to achieve the freedom of car manufacturing.
CTP parking
On May 26, ** reported that Shanghai Chang Stop Technology Information Technology *** referred to as CTP Parking) completed tens of millions of yuan in Series A financing, and this round of investment was exclusively led by Fortune Fusion Capital. Prior to this, CTP Parking has received angel rounds and pre-A rounds of investment from the major shareholders of the listed companies Super Communication (603322) and Huachen Equipment (300809).
Founded in October 2017, with the mission of solving China's parking difficulties, CTP Parking is a technology-driven high-tech enterprise, a double-soft enterprise and a specialized and special new enterprise in parking space resource management, a smart parking platform enterprise integrating investment, management and technology of city-level smart parking overall solutions, and is committed to building a easy-to-use smart parking platform and becoming an industry benchmark enterprise.
June
InnoX Technology
On June 7, InnoChina announced the completion of a new round of strategic financing, which was invested by Haiding Private Equity and CMB Dinghong.
InnoGrit is a chip and system provider in the field of memory, committed to solving the problem of data storage and data transmission in artificial intelligence and other big data applications through innovative integrated circuits (ICs) and system solutions, and providing products and services for consumers, data centers and enterprises.
Carpenter ant robots
On June 12, Carpenter Ant Robot announced the completion of a new round of strategic financing, which was invested by China Securities Construction Investment Capital.
Founded in 2016, Carpenter Robot is a logistics robot system solution provider, with independent intellectual property rights of the mooe-core navigation robot system, based on SLAM algorithm and lidar positioning and navigation technology, so that the robot can achieve autonomous positioning, path planning, human-machine collaboration and automatic following, voice interaction, autonomous obstacle avoidance and automatic charging and other functions.
Kunyi Electronics
On June 15, Kunyi Electronics announced the completion of a new round of strategic financing, which was invested by Hengxin Huaye and Qigao Capital.
Founded in 2011, Kunyi Electronics serves OEMs and automotive electronic parts manufacturers, providing complete development tools and solutions, focusing on the whole process of controller development, from early development and verification to real vehicle testing, single system to multiple systems, virtual testing to semi-physical benches, until after-sales diagnostic services, building an ecosystem of R&D tool chain and product development.
Yingchi Technology
On June 30, Yingchi Technology announced the completion of nearly 100 million yuan in B+ round of financing. This round of financing was led by Yunhui Capital, followed by Zifeng Capital and Zhifeng Zi**. The financing will be mainly used for product research and development and talent acquisition.
Founded in May 2018, Yingchi Technology is a leading provider of products and system service solutions in the field of intelligent networked vehicles. With automotive-grade software and hardware, embedded artificial intelligence, and autonomous driving operating system as the core technologies, the company aims to help car companies realize the implementation of autonomous driving technology, and focus on the "new four modernizations" of automobiles to make people's future travel safer and more convenient