Analog Mixed Signal Chip Supplier Inbisen Secures Round A+ Financing
Inbisen, a supplier of analog mixed signal chips, announced on July 8 that it had completed an A+ round of financing worth nearly 100 million yuan ($14.9 million), led by Golden China Fund and Huoyan Capital. The funds will be used to accelerate product development, talent recruitment, supply chain improvements and quality control systems implementation.
Founded in 2019, Imbison is a supplier of high-performance analog mixed signal chips. The core team comes from Intel, Infineon, Qualcomm and other well-known companies. In less than three years since its establishment, Imbison has launched several high-performance products which are aimed at power communication, sensor modules and other fields.
With the rapid development of new energy vehicles, photovoltaic batteries, the Internet of Things and other advancements, the demand for high-performance signal chain and power management products is increasing in many fields such as sensing, communication and power supply. According to some third-party statistical agencies, China is the world’s most important analog chip market, accounting for more than 50%, and its growth rate is significantly higher than the overall global analog chip market.
SEE ALSO: Data Infrastructure Developer Timeplus Secures Seed-Round Financing
It took Imbison only two years from its establishment to the mass production of tens of millions of chips, which speaks to the technical strength and efficiency of the team. Looking ahead, Imbison will accelerate its layout in the fields of new energy, new sensors and automobiles, and continue to focus on independent technological innovation.