Yunqi Capital Portfolio Company Xingji Closes Hundreds-of-Millions RMB Series B Round, Accelerating Growth as an EDA "Chip Power"

➤➤➤On May 28, Xingji Technology Co., Ltd. (hereinafter "Xingji"), a provider of advanced digital implementation EDA solutions, announced the completion of its Series B financing of several hundred million RMB, jointly led by New Alliance Capital and Vertex Growth. Yunqi Capital was an investor in Xingji's Series A and A+ rounds, having supported the company since its early days.

Founded in October 2020, Xingji is dedicated to building a secure, reliable, efficient, and intelligent digital implementation EDA platform. EDA (Electronic Design Automation) is a critical link in the semiconductor industry chain, with digital implementation EDA serving as the bridge between digital chip design and manufacturing.

Regarding this round of financing, Haiyong Shi, Chairman and General Manager of Xingji, stated: "Three years is actually a very short time for a company tackling hard technology challenges. I'm proud that every Xingji employee is working tirelessly to develop products that meet customer needs. I'm also pleased to see our products being gradually adopted and recognized by leading chip design and manufacturing companies."

Currently, Xingji's product portfolio includes AmazeSys (digital place-and-route tool), AmazeECO (one-stop ECO tool), AmazeFP (automated floorplanning tool), AmazeFP-ME (AI-powered automated floorplanning tool), AmazeDRCLite (DRC rapid convergence tool), and other digital implementation EDA products, as well as IndustrialIm (industrial software license file management system). These products are supporting numerous partners in integrated circuit fields including artificial intelligence, smart vehicles, 5G, and cloud computing.

Xingji recently launched AmazeECO, a one-stop optimization and repair tool for digital implementation

Yunqi Capital has long been bullish on innovative companies leading technological transformation in advanced manufacturing. Xingji's products integrated machine learning and cloud architecture technologies from the very beginning of R&D, and we look forward to the company continuing to break through with innovative technologies to empower chip manufacturing.

As an investment institution always focused on technological innovation, we will continue to pay attention to the latest developments in "iterative technological innovation" and "revolutionary technological breakthroughs," helping cutting-edge technologies enable a better life.