5Y News | Xilicon Microelectronics Raises Hundreds of Millions of RMB in Series D Funding

五源资本五源资本·January 23, 2022

Accelerating the rollout of its multi-sensory fusion strategy and commercializing it.

Recently, Trusonic, a leading provider of high-performance intelligent audio and advanced optical solutions, announced the completion of its Series D funding round worth several hundred million RMB. The round was led by 5Y Capital, with follow-on investments from ByteDance and Juhua Chuanxin. Existing shareholders including Hua Capital and Source Code Capital also continued to increase their stakes. The proceeds will be used to accelerate product iteration and commercialization across its product lines, enhance team talent density, and expand into new products and market directions.

Liu Kai, partner at 5Y Capital, commented: "Trusonic is one of the few domestic teams with top-tier R&D capabilities and proven mass production experience in both intelligent audio and advanced optical sensing. They've achieved number-one positions in multiple domains. We're very optimistic about the development of the company's next-generation 3D optical product line. As AR/VR and smart vehicle sectors mature, we're seeing a proliferation of optical application scenarios. New generations of hardware require new generations of underlying supply chain technology — this industry pattern has played out repeatedly in smartphones and new energy vehicles, and we believe the company has the opportunity to become a leader in the new generation of optical sensing."

2021 was a year of vigorous growth for Trusonic. Its intelligent audio amplifier products achieved large-scale mass production, serving hundreds of millions of consumers worldwide. Its haptic feedback chips were developed and launched, with overall solutions gradually being refined. Its high-performance iToF image sensor was successfully released, matching application scenarios such as payment-grade facial recognition, 3D modeling, and logistics inspection. Its high-resolution dToF image sensor using 3D stacking technology completed R&D, with potential to power AR/XR perception in the metaverse era. Advanced optical sensor products entered mass production, with the 3-in-1 ambient light/proximity sensor gaining market traction. Going forward, Trusonic will also bring to the industry a series of optical solutions including OLED under-display color temperature detection, multi-spectral sensing, and precision ranging, further expanding the boundaries of visual perception.

This funding round comes just six months after Trusonic's Series C strategic financing of several hundred million RMB, reflecting capital markets' strong recognition of Trusonic as a chip design company rarely able to secure combined backing from multiple smartphone brands and semiconductor industry investors. Liu Deheng, founder and CEO of Trusonic, stated: "Trusonic will further attract top industry talent, enhance talent density, adhere to a multi-product-line strategy, and advance R&D and commercialization across multi-sensory domains including auditory, visual, and tactile perception — delivering differentiated value to customers and contributing to industry development."

5Y Capital seeks out, supports, and inspires lone entrepreneurs, providing them with support from the spiritual to the operational. We believe that if the "crazy" you in others' eyes begins to be believed in, the world will become a different place.

BEIJING · SHANGHAI · SHENZHEN · HONG KONG

WWW.5YCAP.COM