On July 4, Yitai Microelectronics announced the completion of the Pre-A++ round of financing, which was invested by Cornerstone Venture Capital.
, So far, Yitai Microelectronics has completed hundreds of millions of yuan in financing in the Pre-A round, including the Pre-A and Pre-A+ rounds of financing completed in June 2023 and April this year respectively.
According to Geshi Automobile, Yitai Microelectronics Pre-A round investment institutions include Huixin Investment, Delian Capital, Jucheng Capital, Yiqi Lihe, Pengchen Investment, Zhongke Chuangxing, Tongchuang Gongzhi, Keystone Venture Capital, etc.
The subsequent funds will be mainly used for the development and product delivery of vehicle-mounted Ethernet chips.
Photo source: Yitai Microelectronics, Yitai Microelectronics was officially established in 2022, mainly focusing on the research and development and mass production of vehicle-mounted Ethernet communication chips and related solutions.
At present, Yitaiwei has launched a complete set of vehicle-level TSN Ethernet chips, covering all automotive Ethernet application scenarios.
At the same time, Yitaiwei is also actively working in the field of domain controller Ethernet switching chips, the mainstream battlefield of vehicle Ethernet chips.
It is worth noting that Yitai Microelectronics is also one of the few teams in China that simultaneously develops vehicle PHY chips and vehicle Switch chips, and can provide complete solutions for vehicle Ethernet chips.
Currently, with the rapid development of intelligent connected vehicles, the demand for high-speed in-vehicle communication technology is continuing to increase.
According to Microsoft estimates, autonomous driving of vehicles will generate 20-100TB of data per day.
Based on this data, at least 1Gbps transmission rate is needed to process such a huge amount of data.
Therefore, more and more car companies are beginning to apply car Ethernet technology in core areas such as smart cockpits, smart driving and gateway systems.
PHY chips and TSN switching chips are important supporting technologies for the large-scale implementation of automotive Ethernet.
According to relevant forecast data, thanks to the massive demand for Ethernet chips brought about by the transformation of in-vehicle communication networks, it is estimated that the domestic automotive Ethernet market size is expected to be close to 30 billion yuan in 2025.
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Since its launch, this column has been committed to exploring good companies, good technologies, and good business models that have important inspiration and leading roles in the trend of smart electric vehicle transformation, and promoting the growth of innovation forces in the automobile industry.
According to statistics from Geshi Automobile, almost all startups reported in the “Seeds Discovery” column have successfully connected with the ecological resources of the industrial chain.
In the future, with the rapid development of intelligence and electrification, while giving cars unlimited imagination, the automobile industry chain will be continuously reshaped.
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