Pinwei Intelligence completed tens of millions of yuan in Series A financing!

Latest update time：2019-09-19

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Pinwei Intelligence, a manufacturer of intelligent factory solutions focusing on IC, LED, PCB, photovoltaic and other electronic fields, recently completed a round A financing of tens of millions of yuan, led by Yihe Capital managed by Wuyuefeng Capital and followed by Xunuo Capital.

Pinwei Intelligence was founded in 2018. Its core team is composed of senior professionals with rich industry experience who have worked for Neusoft Group, STATS ChipPAC, UTAC, Systema, etc., with an average industry experience of more than 15 years. They have the ability to analyze the entire process of IC/LED/PCB/FPC/photovoltaic and other fields and provide overall solutions for intelligent manufacturing.

In terms of device networking and communication, Pinwei Intelligence has independently developed standard semiconductor equipment SSEC/GEM communication protocol products, and has the ability to develop non-standard equipment communication protocols and system integration to build a complete neural network for factory production workshops.

In terms of business solutions, Pinwei Intelligence mainly improves the intelligent manufacturing capabilities of factories in the electronics industry such as semiconductors and PCBs through process-based, automated, digital, and intelligent management, solves customers' needs in terms of yield improvement, quality control, cost reduction, product traceability, etc., and achieves visibility of the production process, controllable processes, and traceability of products.

Through its deep accumulation in the field of intelligent manufacturing in the electronics industry, Pinwei Intelligence has successfully developed customers such as Tongfu Microelectronics, SiMai Microelectronics, Goertek, and Mulinsen. The company's first-class technical capabilities have been recognized by many leading customers in the industry.

Under the current circumstances of difficulty in recruiting workers, quality control, and bottlenecks in improving yield, factory automation and intelligence is an inevitable trend. Mr. Lu Xiaojie, founder of Pinwei, believes that "automated factories are the future development direction of the manufacturing industry. Pinwei implements a technology-leading development strategy and continues to conduct research and development in technologies such as IOT, KVM, edge computing, machine vision, and digital twins. It is configured in combination with the actual situation of factory production operations to provide efficient, safe, and feasible comprehensive automation solutions to quickly improve the construction of full factory automation process."

The company's core product solutions include:

Production management (production execution process management MES, production scheduling APS)
Factory automation management (equipment automation EAP, equipment program management RMS, product image management E-Mapping, product full process traceability management, data intelligent collection and analysis EDC)
Quality improvement management (process management SPC, quality management QMS, equipment alarm management Alams)
Paperless office (electronic inspection E-logsheet)
Big data predictive analysis (industrial cloud platform, equipment preventive maintenance, production process optimization, production parameter optimization)
Material handling AMHS, automatic loading and unloading AutoLoad, automated warehousing WMS

WuYueFeng Capital has been devoted to the semiconductor industry for many years. The investment in Pinwei can generate good cooperation and echo with the existing industrial layout, increase the synergy of the industry, and jointly promote the development of the industry. Liu Jian, senior investment director of WuYueFeng Capital, believes: "The automation and intelligence of the semiconductor industry is an inevitable trend, and China's semiconductor industry must win in Industry 4.0 in the future. Factory automation solutions can increase the added value of industrial manufacturing, enhance the international competitiveness of enterprises, and enable the development of semiconductor manufacturing and packaging and testing industries. The market space is huge. The Pinwei team has been deeply involved in the equipment automation industry for many years and has rich experience in standard interfaces and non-standard interfaces/protocols. It has a strong overseas vision, and its international level and professional capabilities are sufficient to support and serve the world's top semiconductor companies, and has long-term industrial investment value."

Founded in 2005, Sino Capital is led by Mr. Li Xudong, a well-known investor, and focuses on investments in the high-tech field in the primary market. Mr. Ruan Zhengchang, General Manager of Sino Capital Venture Capital Department, graduated from the Department of Electronics and EMBA Management Institute of Taiwan University of Science and Technology. He has more than 20 years of experience in the semiconductor, LED, and photovoltaic industries. He was the general manager of the Shanghai subsidiary of Taiwan Haomian Technology, focusing on the sales and technical services of internationally renowned semiconductor equipment. As a veteran who has been active in the semiconductor production line for more than 20 years, Mr. Ruan Zhengchang has personally experienced the urgent needs of customers for intelligent manufacturing. He said: "The technical capabilities of the Pinwei team are eye-catching. Relying on our connections in the semiconductor circle, we conducted in-depth research and investigation on Pinwei's technical capabilities and found that their understanding of the industry is indeed outstanding and can solve many problems that customers used to think were headaches." "Unlike other intelligent manufacturing solution companies, which only implement solutions according to customer requirements, the Pinwei model is to first make overall planning and problem diagnosis for customers, and then propose implementation plans in a priority manner, such as first establishing the informationization and networking of factory equipment, and then entering intelligence, and finally bringing customers the maximum return on investment."

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