Xingji Raises Hundreds of Millions of RMB in Series A+ Round to Advance In-House Development of Digital Implementation EDA Products

On January 20, 2022, Xingji, a provider of advanced digital implementation EDA solutions, announced the completion of a Series A+ round worth several hundred million yuan, led by Capital Today with participation from the Shanghai Science and Technology Innovation Fund, among others. The proceeds will be used to ramp up R&D investment in digital implementation EDA products. Gaorong Ventures had previously co-led Xingji's Pre-A round in June 2021 and continued to invest in the company's Series A round.

Xingji brings together world-class EDA technical support and R&D talent, focusing on independently developing next-generation digital chip implementation EDA technology and providing high-end digital chip design solutions that can substantially improve chip design efficiency and enable rapid first-pass silicon success. By integrating advanced technologies such as cloud computing and machine learning, Xingji concentrates on a portfolio of digital implementation EDA products that enable fewer iterations, faster speed, and higher quality. Its current offerings include Tweaker, a globally leading ECO solution and the industry's first — and one of the few — comprehensive ECO platforms with flexible flow control and an integrated GUI. At the same time, Xingji provides high-end design services to customers through industry-leading design methodology, professional project management, and a team of design service engineers.

Going forward, Xingji will support the rapid growth and industrial advancement of numerous partners in integrated circuit sectors including artificial intelligence, smart vehicles, 5G, and cloud computing.

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