5Y News | Automotive-grade mmWave Radar Chip Company "Muyewei" Closes 100 Million Yuan Pre-A Round

五源资本五源资本·April 20, 2023

Building a smarter future.

Muyan Micro, an automotive-grade millimeter-wave radar chip company, recently completed a RMB 100 million Pre-A funding round led by 5Y Capital, Kaiwind Ventures, Redpoint China Ventures, and Yiling Capital. The proceeds will go toward continued productization investment and mass production delivery for alpha customers.

Founded in December 2021 in Shenzhen, Muyan Micro is a high-tech enterprise dedicated to developing 4D high-precision imaging radar, integrating design, development, and sales. The company has established R&D centers and labs in Shenzhen, Shanghai, the UK, Germany, and Switzerland, bringing together experts and scholars from home and abroad for research breakthroughs. Its core R&D team is led by PhDs from world-renowned universities, averaging 15 years of experience in chip design or radar algorithms at globally recognized semiconductor companies, with track records of leading 77-79GHz millimeter-wave radar chip development at major international firms.

With a modern engineering design philosophy, Muyan Micro focuses on enhancing 4D imaging perception capabilities for the automotive industry's autonomous driving evolution. It is a specialized IC design company with algorithmic expertise. Looking ahead, Muyan Micro's 4D imaging radar chip R&D remains user-centric, committed to continuously improving the cost-performance and differentiation of customers' end products — giving "chip-powered" vitality to terminal industry applications and creating a smarter, better future.

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