Shanghai Tinychip Limited, a leading mixed-signal automotive-grade chip manufacturer in China, recently announced the completion of a strategic financing round with significant funds raised. The company revealed this exciting news through a post on its WeChat account on February 10.
The latest round of financing was spearheaded by Jiangsu Riying Electronics Co., Ltd. and Jiaxing Hongmao Venture Capital Partnership. The funds secured from this round will be utilized to expedite the research and development of Tinychip’s mixed-signal automotive-grade system-on-chips (SoC) for a variety of smart vehicle applications. This move aims to position the company as a comprehensive platform for specialized automotive-grade chips.
Established in 2019, Tinychip specializes in the research and development as well as production of automotive-grade and industrial dedicated chips. The company has successfully developed over ten chip products, with mass production already underway in areas such as automotive-grade touch control, ambient lighting, electric motor drive, signal chain components, and battery management systems.
Of particular note is Tinychip’s integrated micro-motor drive control chip for the electric motor actuator sector, which has been implemented in numerous projects. Additionally, their ambient lighting driver chips have surpassed 10 million units in cumulative shipments. In the touch chip segment, Tinychip’s products boast cutting-edge capacitive touch and pressure-sensing dual-mode detection technologies, providing superior automotive-grade intelligent button and smart surface solutions.
Tinychip’s chips and related products have been integrated into vehicles from renowned automakers like Volkswagen, Geely, Chery, General Motors, Leapmotor, Lynk & Co, ZEEKR, BAIC Group, Harmony Intelligent Mobility Alliance, Ford, Dongfeng Motor, GAC Group, FAW Group, NIO, and Changan Automobile.
Having secured over 400 million yuan in funding through various rounds, Tinychip has garnered investments from a range of industrial capital and resource platforms, including SummitView Capital and Keboda. These strategic partnerships have facilitated seamless supply chain integration and accelerated market expansion for the company.
With a focus on innovation and a commitment to delivering high-quality automotive-grade chips, Tinychip is poised for continued success in the rapidly evolving automotive technology landscape.
