Ouye Semiconductor completed A2 round of financing, focusing on the third generation E/E architecture smart SoC chip for smart cars

On October 16, Ouye Semiconductor announced that it had recently completed its A2 round of financing. This round of financing was led by China Merchants Zhiyuan Capital, with existing shareholders Xingyu Holdings, Joyson Electronics, Tai Chi Huaqing Peicheng, and Poly Capital continuing to invest. In addition, the investment lineup also includes Jinshajiang United Capital, etc.

This round of financing is also another round of financing for Ouye Semiconductor after it received A1 round of financing in February this year. So far, Ouye Semiconductor’s cumulative financing amount has reached hundreds of millions of yuan.

According to the data, Ouye Semiconductor was established in December 2021. It was jointly initiated by the founding team and SDIC Investment (Advanced Manufacturing Industry Investment Fund Phase II). It is the first domestic company to focus on the third-generation E/E architecture of smart cars (Zonal architecture). ) system-level SoC chip and solution provider.

Image source: Ouye Semiconductor

The company's Longquan series of chip products cover the chip needs of smart car end-side smart components, smart regional processors and integrated central computing units. It has industry-leading smart algorithms and flexible layered delivery of software and solutions, which can greatly Reduce the development costs of new products and new features for customers and shorten the time to launch.

In June 2023, Ouye Semiconductor released Longquan 560, the world's first professional chip for electronic exterior mirrors (CMS). A set of chip platform solutions can meet the needs of all application scenarios for passenger cars and commercial vehicles at the same time, supporting such as defogging, BSD auxiliary warning information reminder, automatic switching of temporary vision and other functions have effectively filled the gap in the field of third-generation E/E architecture smart SoC chips for smart cars.

It is worth mentioning that Xingyu Shares, an old shareholder in this round of financing, is a domestic manufacturer and design solution provider of a complete set of automotive headlight assemblies. In June this year, Xingyu Technology also reached a strategic cooperation with Ouye Semiconductor. The two parties will jointly develop intelligent car lighting and autonomous driving product solutions based on Ouye Semiconductor's Longquan series chip platform.

Currently, the great wave of automobile intelligence is gradually reconstructing the entire industrial chain and ecosystem. China Merchants Zhiyuan Capital stated that Ouye Semiconductor has product planning and technology research and development capabilities that are extremely scarce in the current industry, and has made in-depth and pragmatic thinking on the path to achieve commercialization closed loop.

"The company will firmly focus on the core needs of smart cars evolving to the third-generation E/E architecture, and create industry-leading intelligent regional processor chips to provide "core" kinetic energy for all-vehicle intelligence, making car building easier and using cars more convenient. Pleasure." Mr. Zhou Difei, founder of Ouye Semiconductor, emphasized.