On January 6, Zhicun Technology, a leading enterprise in integrated chip technology and commercialization of storage and computing, announced the completion of the B2 round of financing of 200 million yuan. This round of financing was led by SDIC Venture Capital, followed by Shuimu Chunjin Capital and Linghang New Territories, and Index Capital continued to serve as the exclusive financial advisor. This round of financing will be mainly used for mass production of in-memory computing chips and new product development, expanding the scale of industrialization.
Wang Shaodi, founder and CEO of Zhicun Technology, said, “Thanks to the trust and support of new and old shareholders, Zhicun Technology will not only realize the mass production of in-memory computing chips in 2022, but also withstood the market test, helping more than ten customers based on WTM2101 has developed and realized functional innovation and upgrades. Based on the continuous accumulation of mass production and market development experience, Zhicun Technology will continue to invest in the iteration of in-memory computing chip research and development and market application expansion, and use in-memory computing technology to break through the bottleneck of computing power and implement AI. Empowerment.”
Take the lead in mass production and shipment, with R&D strength and business process leading the track
Established in 2017, Zhicun Technology focuses on the field of in-memory computing chips, and is a pioneer and leader in the industrialization of storage and computing integration. The team has more than 10 years of experience in the research and development of storage-computing integration technology. Co-founder and CTO Dr. Guo Xinjie successfully verified the world’s first NorFlash storage-computing fusion deep learning test chip as early as 2016. In March 2022, Zhicun Technology officially mass-produced the world’s first in-memory computing SoC chip WTM2101 and launched it to the market. Compared with the first-generation product WTM1001, the performance has been improved by more than 10 times, but the mass production time has been halved. WTM2101 has entered the market for less than a year, and has landed in wearable devices, TWS, smart home, hearing aids and other markets, helping customers achieve performance improvement and function upgrades; at the same time, it has sufficient software development tools to continuously improve chip stability, Ease of use and versatility.
Steady strategic development, comprehensive promotion of product matrix and ecological layout
On the basis of the continuous expansion of WTM2101 chip market application scale, Zhicun Technology has continuously accumulated successful experience and summarized methodology in terms of mass production, market strategy, and customer service. At the same time, Zhicun Technology and artificial intelligence upstream and downstream system integration and application manufacturers have also established a good collaborative development and cooperation relationship, including intelligent terminal integration and application leaders, intelligent voice application leaders, etc. In August 2022, Wang Shaodi, the founder and CEO of Zhicun Technology, disclosed the WTM chip sequence with higher computing power for the first time when attending an industry event, and fully deployed the cloud edge terminal. Among them, the WTM-8 series products will be launched by the end of 2023 at the earliest, which will be applied to real-time processing of 4K-8K video. In addition, the third-generation in-memory computing architecture with different levels of computing power from 10T to 30T will be launched, which will greatly improve the in-memory computing chips. Stability and ease of use create a more solid technical barrier.
Hard work and accumulation, to deal with challenges and seize opportunities in certainty
Although it will take some time for the recovery of market vitality, Zhicun Technology is certain about the market demand and large-scale development of memory-computing integrated technology and chips in the post-Moore era. With the advancement of research and development breakthroughs and the advancement of commercialization, Zhicun Technology will further mature the integration of storage and computing technology, maintain the first-mover advantage, and work together with upstream and downstream to help artificial intelligence computing to develop more efficiently and at lower costs.
Institutional evaluation
SDIC Entrepreneurship stated that SDIC Entrepreneurship is a fund management company independently operated by SDIC Group in a market-oriented manner. It insists on serving the national innovation strategy and focuses on the transformation of scientific and technological achievements. As an old shareholder, we have witnessed the increasingly deep professional barriers of Zhicun Technology in the field of in-memory computing, the advantages of being the first to implement applications and leading the ecological layout. It is expected that Zhicun Technology can continue to promote the industrialization of in-memory computing and contribute to the high-quality development of the country’s advanced computing industry. This round of SDIC Entrepreneurship has re-injected, not only full of expectations for the company’s future development, but also full of confidence in the company’s implementation of the transformation of scientific and technological achievements.
Shuimu Chunjin said that Shuimu Chunjin Capital is the leader unit of the capital group of the Innovation Drive Committee of the China Society of Communications. It adheres to the unique “FBI industry upgrading model” and focuses on investment in the smart technology industry. It has invested in nearly 100 companies. Through systematic “financing + intelligence integration” services, Shuimu Chunjin Capital promotes the integration of upstream and downstream enterprises, promotes industry system innovation, promotes horizontal coordination of key industries of “production + business + financing”, and builds an industrial community to participate in global competition. This investment is precisely because Zhicun Technology continues to be in a leading position in the disruptive in-memory computing field, is the first to realize landing applications, and leads the ecological layout. The spirit of innovation and unity of its core team is also very attractive. It is believed that Zhicun Technology can continue to promote the industrialization of in-memory computing and stand out in the high-quality development of the country’s advanced computing industry.
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