ZJW Microelectronics closes Series A, raises nearly RMB100m

2020-05-01
|
Isiah Liu

ZJW Microelectronics closes Series A, raises nearly RMB100m

ZJW Microelectronics announced that it has raised nearly RMB 100 million in Series A financing round. This round of financing was led by CTC Capital, with participation from Zhangjiang Group, ZJ Park and Ningbo Caozhixing Junbo.


Founded at the end of 2017, ZJW Microelectronics is an analog chip-level system solution provider. Its business covers industrial automation, high-speed rail control, high-end medical, high-end instrumentation and electric vehicles.


Its core products are high-end precision analog chips, precision ADC, signal conditioning chip precision voltage reference source and precision amplifier and more.


At present, the key indicators of various products of ZJW Microelectronics have reached the industry leading level, and have successfully passed the rigorous testing and certification of top-tier clients in multiple fields. The company expects that a number of its products will be officially mass-produced this year.


Shou Xiaoqiang, CEO of ZJW Microelectronics, said, "In addition to financial support, CTC Capital also provides assistance to ZJW Microelectronics in terms of production capacity, technology, and company operations, so that the company and team members can concentrate, taking a lot less detours. “


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