Shanghai Yixin Communication Technology Co., Ltd. is a Shanghai-based company founded in February 2017, focusing on the research and sales of cellular Internet of Things (IoT) chips. The founding team, consisting of individuals from renowned mobile chip manufacturers, possesses extensive experience, with 20% holding Ph.D. degrees and 80% holding master's degrees from well-known universities, and an average work experience of over 10 years. The team has already shipped over 100 million mobile chips and has accumulated rich practical experience in cellular terminal chip development, encompassing algorithm, protocol stack, RF to baseband SoC, system software and hardware, and low-power design.
The company's first-generation product is a terminal chip based on the NB-IoT standard, which has gained international recognition and has been elevated to a national strategic level in China. With an impending surge in the relevant chip industry, Yixin aims to collaborate with partners across the industry chain to capitalize on the opportunities presented by cellular IoT technology.
The latest investment, a CNY1.00B Series C investment received on 12 January 2022, was backed by a consortium of prominent investors including Qiming Venture Partners, GF Qianhe Investment, Cathay Capital, SoftBank Vision Fund, China Fellow Partners, Shenzhen Qianhai Xingwang Investment, FiberHome Capital, Chobe Capital, Co-Stone Venture Capital, and China Universal Asset Management.
