Xinyi Information Technology
芯翼信息科技
Xinyi Information Technology (芯翼信息科技) is an IC design house focused on IoT communication chips, particularly NB-IoT connectivity chips . The company was founded by Xiao Jianhong, who holds a PhD from Texas A&M University and previously served as a senior principal scientist at Broadcom in the US . FreeS Fund backed the company at angel stage and has continued to follow on through subsequent rounds , with the two sides committing after a single meeting in 2018 . The company completed its first successful tape-out in early 2018 , raised tens of millions of RMB in Series A funding later that year , and closed a nearly 500 million RMB Series B round in 2021 led by China Merchants Bank International and CICC Alpha .
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