According to Jiwei.com, Shanghai Banxin Technology Co., Ltd. (hereinafter referred to as "Banxin Technology" or "Banxin") recently announced the completion of another round of financing led by Lenovo Capital and Incubator. Following the existing investor Sequoia China, Lenovo Capital and Incubator became the latest strategic investor of Banxin Technology.
It is reported that the funds will support and accelerate the development of technology and methods of Banxin Technology. Banxin Technology was founded in 2020. The team is composed of experienced semiconductor and electronic design automation (EDA) experts. Combined with the extensive professional accumulation of chip design and EDA tool development, the team's innovative achievements will enable chip designers to better utilize the global semiconductor manufacturing capabilities. One year after its establishment, Banxin Technology has designed and manufactured several RISC-V-based SoC chips, demonstrating the superiority of its methods and tools.
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