China’s Silicon Integrated piles on the cash

China’s Silicon Integrated piles on the cash

Business news |
By Peter Clarke

Wuhan Silicon Integrated Co. Ltd. a Chinese developer of sensors and audio amplifiers with offices in Eindhoven, has raised hundreds of millions of yuan in Series D financing.

One hundred million yuan is €14 million or US$15.7 million. The lead investor was Wuyuan Capital, joined by ByteDance, Juhua Chuanxin, and established shareholders such as Huaye Tiancheng and Source Code Capital. The C round, which also totaled several hundred million yuan, took place in mid 2021. The B round was in 2020 (see Chinese fabless firm with Dutch office raises funds).

Deheng Liu, founder and CEO, said the funds would be used to for the development of products to address hearing, vision, touch and other multi-sensing fields.

In March 2020, the company launched its SIF2310 sensor, which can be used for facial and gesture recognition or autonomous driving, according to reports. The firm’s smart audio power amplifier chip, the SIA810X is designed to boost the magnitude of audio signals and protect speakers from overheating. It has been used on tens of millions of smartphones.

The company put its tactile feedback chip into application in 2021 and this is expected to be mass-produced in 2022.

The company was founded in January 2016 with a focus on analog and mixed-signal chip design and optical sensing. The company is headquartered in Wuhan with a subsidiary in Eindhoven, The Netherlands.

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