Recently, the domestic Wi-Fi chip company Zun Pai Communication announced that it has completed a pre-A round of financing of hundreds of millions of RMB. This round of financing consists of well-known financial investment institutions and industrial investors such as Xiaomi Group, Hushan Capital, Skyline Capital, Jiayu Capital, Haiwang Capital under Shanghai Kechuang, and Pingzhi Information.
Previously, in May 2021, Zun Pai Communications had completed an angel round of financing of nearly 100 million RMB, led by Gaorong Capital and joined by Jiangbei Jiakang Technology, and Gaorong Capital continued to increase its investment in this round.
Zunpai Communication was established in March 2021 and is located in the “City of Chips” in Jiangbei New District, Nanjing. It is committed to providing high-performance, full-ecological smart scene chipsets and solutions for homes and businesses. It is currently developing Wi-Fi 6 router chips and solutions at full speed. Complete solution. The RFIC that was cast at the end of last year has been returned to the film and has been successfully charged. The test results show that the performance of key parts meets or even exceeds the company’s expectations. In addition, the company will launch mass-produced chips for Wi-Fi 6 routers at the end of this year and early next year, forming a product layout of “AP + end”.
At present, the company has more than 100 employees. The founder, Zhang Kun, has more than 20 years of experience in the field of wireless communication chips. He has served as senior technical director/senior technical expert of well-known chip companies at home and abroad. At present, the company has established an organizational team including software, digital, baseband, radio frequency and analog.
The AP chip in the center of the Wi-Fi network is equivalent to the base station of the cellular network. All devices need to be connected to this device, which has extremely high requirements on performance, complexity and compatibility, and its R&D technical barriers are extremely high. At present, it is still mainly provided by manufacturers in the United States and Taiwan. In the past few years, only a few companies in China have been engaged in the research and development of router AP chips. As of last year, only the router AP chips of the WiFi 5 standard were basically launched. However, since last year, a number of start-up companies, including Zunpai Communication, have begun to cut into the WiFi 6 router AP chip, which has been favored by many industry insiders.
Su Renhong, founding partner of Hushan Capital, said: In the past 20 years, the Wi-Fi standard has been continuously developed and evolved to today’s Wi-Fi 7. Wi-Fi 6 has ushered in a period of rapid growth this year. Wi-Fi SoC chips have been monopolized by giants such as Qualcomm, Broadcom, and MediaTek, especially in high-performance applications such as routers. Due to the high technical difficulty and large capital investment, it has always been a tough nut to crack in the field of semiconductors in mainland China, and there are very few mainland companies involved. Zunpai Communication is a start-up company in China aiming at the direction of Wi-Fi 6/7 router side SoC chips. The company has developed rapidly and has a leading R&D team in China, in digital, analog, radio frequency, algorithm, system platform and other levels. Profound technical accumulation and R&D experience. We look forward to Zunpai becoming a domestic head chip design company in this field as soon as possible, comparable to international giants. Hushan Capital is willing to accompany and support Chinese chip companies with dreams for a long time to recover the “lost decade”. (Leifeng Network)
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