High-performance automotive MCU company “Xihua Technology” completed Series A financing of over 100 million yuan

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Recently, Shenzhen Xihua Technology Co., Ltd. announced the completion of a series A financing of over 100 million yuan (hereinafter referred to as: Xihua Technology). The investors in this round are the background industry funds of new energy vehicle manufacturers, and all old shareholders continue to add. It is reported that the funds from this round of financing will be mainly used for the research and development of follow-up chip products, enriching the research and development team, and product tapeout.

Founded in 2018, Xihua Technology is a company that 36Kr continues to pay attention to. It is a chip design company focusing on the field of intelligent perception and computing control, mainly for the automotive, IoT, mobile phone and other intelligent terminal markets. Xihua Technology Co., Ltd. covers 32-bit automotive MCU chips, intelligent decoding Scaler chips, 5G SAR chips, TWS Touch chips and other products. At present, 5 chips have entered the mass production stage.

According to the latest data from the China Association of Automobile Manufacturers and Strategy Analytics: China’s new energy vehicles are ushering in a period of rapid development. In 2021, the sales of new energy vehicles will exceed 3.5 million, a year-on-year increase of 150%; with the development of electrification and intelligence, automobiles The demand for MCU chips has also further increased; in addition, based on the evolution requirements of the automotive E/E architecture, automotive MCUs need to gradually complete the transition to high-end and integration, which further promotes the continuous increase in the value of bicycle semiconductors. Generally speaking, the average demand for MCUs in a bicycle is dozens to hundreds.

At present, the market is mainly monopolized by foreign chip giants such as Infineon, NXP, Renesas Electronics, and TI, and the nationalization rate is low. Under the epidemic, there is a serious shortage of automotive chips, production capacity is tight, and prices have skyrocketed. A series of industry trends have allowed auto manufacturers to give domestic chip companies opportunities.

Xihua Technology has been planning to enter the automotive application scene since its establishment, and will fully enter the automotive chip market in 2021. The company aims at the autonomous controllability of high-performance automotive MCUs, and provides high-end automotive-grade MCUs and automotive-grade “MCU+” chip solutions for core automotive scenarios such as the body domain, cockpit domain, chassis domain, and intelligent driving domain to create characteristic applications. solution.

MCU (Microcontroller) is the core device of automobile control and the “brain” of intelligent new energy vehicles. Car MCU can be roughly divided into four directions: body electronics, power and chassis systems, driving entertainment system, and automatic driving. Xihua chooses to cut in from the body control scene.

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Automotive MCU Map

It is reported that the 32-bit automotive-grade M4F core MCU independently developed by Xihua Technology has been officially taped out, and will be sent back to the film in the near future. Yang Bin, head of Xihua Technology’s automotive business, told 36氪 that Xihua Technology’s MCU complies with the ISO26262 automotive functional safety standard process development. At the same time, the information security encryption module and national secret algorithm engine are also embedded in the film, supporting the ISO21434 information security standard, reaching the Automotive-grade high-performance MCU with ASIL-B safety level.

Automotive-grade chips have extremely high requirements on product reliability and stability. In addition to complying with the AEC-Q100 reliability evaluation standard certification, they also need to comply with the ISO 26262 standard before they can be used in the car. At present, only a few domestic manufacturers such as Xinchi Technology have automotive-grade MCU products.

Yang Bin said that Xihua Technology has taken the safety of vehicle regulations as the first priority since the beginning of the automotive chip business. In strict accordance with the requirements of the ISO 26262 standard, it has established a product development process system that meets the highest level of automotive functional safety, and established professional functions. security team. At present, Xihua Technology has completed the phased evaluation of functional safety, and product functional certification is in progress.

Xihua Technology adopts the MCU+ strategy. While focusing on high-end automotive-grade MCUs, it also lays out chip design and extended applications in the field of intelligent perception and computing control. It has accumulated a series of core technologies in the field of perception and computing, and perception and image processing chips. It is the first to achieve large-scale sales in the consumer market. In early 2022, a single product has received orders of nearly 100 million yuan.

When serving customers, Xihua Technology will provide a complete set of solutions combining software and hardware of chips and algorithms to better meet customer needs. For example, when serving a car factory, in addition to providing customers with electric seat control modules, it also provides corresponding underlying software drivers and corresponding design of control boards.

It is reported that in addition to the above-mentioned body electronic products, MAXHUA will successively launch higher-performance vehicle-grade MCUs for scenarios such as the smart cockpit and chassis domains in 2022.

At present, the company has reached extensive cooperation with dozens of domestic OEMs and Tier 1 parts suppliers, and has signed strategic cooperation agreements with leading customers and business partners such as Jingwei Hengrun, Yikong Hi-Tech, and Neusoft Reach.

The company is headquartered in Shenzhen and has R&D centers in Shanghai, Chengdu and Hefei. The company has more than 100 employees, and R&D accounts for more than 60%. Most of the teams are from internationally renowned chip design companies, with full-chain R&D capabilities in software, hardware, algorithms, systems, and verification, and industry-leading R&D and mass production experience and innovation capabilities in the fields of human-computer interaction, mixed-signal processing, and large-scale SoCs. , The team has led the design of many products and won international awards, and led the design of billions of chips shipped.

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