Xinhuazhang, an EDA company, announced the completion of its Series A+ funding round to accelerate R&D progress on EDA 2.0.
Building EDA 2.0 technology for a digital society, defining an intelligent future from the chip up.
Today, Xinhuazhang, a leading EDA (Electronic Design Automation) intelligent software and systems company, announced the completion of a Series A+ funding round of several hundred million RMB, led by Sequoia Capital China's Digital Industry Fund, with participation from Chengwei Capital and Xihao Capital. Over the past three months, Hillhouse and Gaorong Ventures led Xinhuazhang's Pre-A and Series A rounds respectively. In this round, existing shareholders including Hillhouse, Gaorong Ventures, 5Y Capital, Dashu Changqing, and Shanghai Yuhan demonstrated continued confidence in Xinhuazhang's technological and model innovation by participating again.
The proceeds will continue to fund Xinhuazhang's recruitment and retention of global R&D talent and cross-disciplinary researchers, accelerating the advancement of EDA 2.0 technology research and product development.
Xinhuazhang brings together elite talent from across the global EDA industry and cutting-edge technology fields, united by an open, future-oriented technical vision. By integrating artificial intelligence, machine learning, cloud computing, and other frontier sciences, the company is building EDA 2.0 technologies for the digital society — redefining chip design methodology to enhance innovation efficiency and accelerate the development of an open, collaborative industrial ecosystem. Though founded only months ago, Xinhuazhang has already launched two groundbreaking products embodying EDA 2.0 principles: "Lingdong," a high-performance, multi-functional programmable adapter solution, and a new simulation technology that is the first in China to support domestic computer architectures — compatible with current ecosystems while enabling future-oriented architectures to meet high-performance, high-efficiency verification demands.
Libin Wang, Chairman and CEO of Xinhuazhang, said: "In just ten months since our founding, Xinhuazhang has attracted 130 outstanding colleagues who share our technical vision. With remarkable execution and sense of mission, our team has delivered two pioneering EDA verification products and technologies. As a technology-driven company, we are intensifying our exploration of frontier technologies and fully advancing EDA 2.0 research and development. Xinhuazhang is pleased to march toward the future alongside like-minded investors in this round, contributing to the acceleration of digital society."
About Xinhuazhang
Xinhuazhang brings together elite talent from across the global EDA industry and cutting-edge technology fields, dedicated to developing next-generation EDA software and intelligent electronic design platforms. Its product portfolio will comprehensively cover digital chip verification needs, including: hardware emulation systems, FPGA prototyping verification systems, intelligent verification, formal verification, and logic simulation — fully supporting the development of integrated circuits, 5G, artificial intelligence, cloud services, automotive electronics, and supercomputing. The company provides partners with independently developed, secure, and reliable chip industry solutions and expert advisory services. Visit www.x-epic.com for more information.
