On December 8, 2020, Moore Elite, a one-stop chip design and supply chain platform, announced that it has completed hundreds of millions of yuan in Series B financing. Pu Venture Capital Co-invested. This round of financing funds will be used for independent ATE test equipment research and development, packaging engineering center and chip design cloud construction.
Founded on July 1, 2015, Moore Elite is committed to “making China have no hard-to-make chips”. With the three business sectors of “chip design cloud, supply chain cloud, and talent cloud”, it opens up key links in chip design and supply chain. Improve efficiency, shorten cycle time, reduce risk, and create a one-stop platform for chip design and supply chain integration, with customers covering 1,500 chip companies worldwide.
2020 is a crucial year for transformation and upgrading for the Moore elite, and the company has made key breakthroughs:
Acquired the world’s leading ATE test equipment company and an international team with more than 30 years of R&D experience, and established ATE equipment R&D centers and innovation centers in China, the United States, and France;
Start the construction of a large-scale SiP R&D and production base. After completion, it will provide SiP engineering and mass production services with an annual output of over 100 million pieces; build a packaging engineering center, which mainly produces ceramics, metals and high-reliability plastic packaging products;
In the field of IT/CAD and EDA cloud computing services, Moore Elite and Microsoft Corporation took the lead in publishing the “China Chip Cloud Computing White Paper 2.0” in China, and initiated strategic cooperation with Lenovo Group to help promote cloud collaboration in chip design.
Mr. Jiang Xingquan, Managing Director of CICC Capital and General Manager of CICC Huirong, said“my country’s integrated circuit industry is ushering in a period of strategic opportunities. We recognize the model and potential of Moore Elite. As a semiconductor industry chain service platform, Moore Elite serves integrated circuit companies in a full range and is committed to promoting the development and growth of small and medium-sized innovative chip companies. The Moore elite led by Zhang Jingyang is an ideal and energetic team. With the addition of more and more international top technical and business talents, I believe that Moore elites can achieve rapid development and empower the majority of integrated circuit companies.
Mr. Zhang Jingyang, Chairman and CEO of Moore Elite said“We are very pleased to share common ideals and ambitions with this round of investors, and work hand in hand to accelerate Moore’s elite chip design and supply chain platform construction. After more than five years of rapid growth, we continue to increase our investment in core technologies and assets. , The team plans to accelerate the advancement of ATE test equipment projects, packaging engineering centers, SiP R&D and production bases, and chip design cloud projects. Moore elites will continue to consolidate the value of the platform, become more specialized, improve efficiency and collaboration, and achieve every Chinese chip entrepreneurship , So that China has no hard-to-make chips.”
About CICC Huirong
Henan CICC Huirong Private Equity Fund Management Co., Ltd. (“CICC Huirong”) is a market-oriented fund management company jointly funded and established by CICC Capital and Henan Investment Group, responsible for Henan Provincial Zhanxin Industrial Investment Fund and its subsidiaries Investment management of sub-funds. The general manager of the company, Mr. Jiang Xingquan, has more than 25 years of experience in equity investment, investment banking and government management. The Zhanxin Fund aims to give full play to its guiding role, leveraging the professional investment capabilities of CICC and the local resources of Henan Investment Group to adopt a market-oriented mechanism Support enterprises in Henan Province to become bigger and stronger, and introduce high-quality industries and advanced technologies at home and abroad to land in Henan. Key investment areas include new energy vehicles, energy conservation and environmental protection, logistics consumption, equipment manufacturing and other fields. It has successively invested in star projects such as Xiaopeng Motors, Baiguoyuan, and Daupei Blood Disease Hospital.
About Moore Elite
Moore Elite is committed to “let China have no hard-to-make chips”, with the three major business sectors of “chip design cloud, supply chain cloud, and talent cloud”, to open up the key links of chip design and tape-out packaging and testing, improve efficiency, shorten cycle, Reduce risks and create a one-stop platform for chip design and supply chain integration, with customers covering 1,500 chip companies worldwide. Chip Design Cloud provides customers with Turnkey full-process design services from chip definition to products and IT/CAD and cloud computing services; Supply Chain Cloud provides customers with one-stop wafer tapeout, packaging, testing, product engineering and mass production management Service; Talent Cloud trains and transports professionals for the industry and helps IC talents to learn for life. Moore Elite is headquartered in Shanghai, with branches in Hefei, Beijing, Shenzhen, Wuxi, Zhengzhou, Chongqing, Chengdu, Nanjing, Hsinchu, Nice, Dallas, and Silicon Valley.
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