BlueRun Ventures Continues to Double Down: Shanhai Semiconductor Closes RMB 120 Million Series A Round | BlueRun Ventures

Domestic precision signal-chain IC company SENSILICON announced the completion of a 120 million yuan Series A funding round. The round was led by Cornerstone Capital, with Hefei Industry Investment following on. All existing shareholders — BlueRun Ventures, Tongchuang Weiyue, Shenzhen Capital Group, and Dalton Venture — continued to increase their stakes. The proceeds will primarily accelerate new product development targeting the Industry 4.0 and new energy markets, as well as expand market deployment.

BlueRun Ventures led SENSILICON's angel round.

BlueRun Ventures stated: "Chips play an extremely important role in industrial and new energy applications, with exceptionally high barriers to entry. As pioneers in China's precision signal-chain chip segment focused on Industry 4.0 and new energy markets, SENSILICON's core team — drawn from top-tier semiconductor companies globally — possesses deep and precise understanding of industry applications and demands. SENSILICON has successfully mass-produced its first chip and earned recognition from customers. BlueRun Ventures believes in this pragmatic team that balances market acumen with technical strength, and is confident they will achieve lasting success in the industry."

Since its founding over two years ago, SENSILICON has achieved rapid, high-quality growth through its strong team and execution capabilities: On the technology and product front, in April 2022 SENSILICON mass-produced the 32-bit ultra-high-resolution geophysical exploration AFE chip SHC6686, developed with 100% independent intellectual property. This broke the exclusive monopoly held by certain international companies over core chips in global energy exploration, and quickly secured large-scale market orders with completed deliveries. The company recently released the 24-bit low-power, low-noise, highly integrated AFE chip SHC6248, and will successively introduce multiple series of highly integrated AFE products this year — continuing to address critical signal-chain bottlenecks in strategic products including "industrial automation equipment, medical devices, semiconductor equipment, and high-precision industrial instruments." On quality and delivery, SENSILICON deeply understands that Industry 4.0 and new energy markets impose extremely demanding quality requirements on chips. Its quality policy of "technology as the driving force, quality as the foundation for development" is embedded in the company's operating philosophy. In August 2022, it obtained ISO 9001:2015 quality management system certification from SGS. The company has now begun ASIL-D level certification for ISO 26262 automotive functional safety management systems with an internationally renowned certification body, elevating its quality management system to a new level. Notably, at the China IC Design Awards held at the end of March, SENSILICON received the "Innovative IC Design Company of the Year" award — representing broad industry recognition of its product innovation and rapid commercial execution capabilities in precision signal-chain chips. SENSILICON is a pioneer in China's precision signal-chain chip segment, focused on Industry 4.0 and new energy markets. The company sustained rapid growth in 2023 and offers a broad platform. It welcomes like-minded partners to join SENSILICON in doing the most valuable work, growing together, and contributing to China's high-quality development.

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Originating in Silicon Valley, BlueRun Ventures was established in 2005 as a venture capital firm focused on early-stage startups.

Currently, BlueRun Ventures manages multiple USD and RMB dual-currency funds in China, with assets under management exceeding 15 billion yuan, making it one of the largest early-stage funds domestically. Its investment stage focuses on Pre-A and Series A rounds, covering hard tech and innovative interaction, enterprise technology, new consumer, and healthcare sectors. It has cumulatively invested in over 150 startups, including Li Auto, Waterdrop, QingCloud, Guazi Used Car, Qudian, Songguo Mobility, Ganji.com, Energy Monster, Yuntu Semiconductor, Machenike, Yunsheng Intelligence, Anxin Network Shield, and BioMap.

BlueRun Ventures has been ranked #1 in Zero2IPO's "Top 30 Early-Stage Investment Institutions in China," #1 in ChinaVenture's "Top 30 Best Early-Stage Venture Capital Institutions in China," and named among Preqin's Top 10 VC Fund Managers Globally for Consistent High Returns.

Additionally, BlueRun Ventures has received consecutive honors from Forbes China, 36Kr, Cyzone, Caixin Media, CBNweekly, Jiemian, and other media organizations — including "China's Best Early-Stage Institution of the Year," "China's Top Venture Capital Firm," "Most Entrepreneur-Friendly Early-Stage Institution of the Year," and "Most Influential Early-Stage Institution of the Year."