Shengdian Helps Xingsi Semiconductor to Complete 0.1 billion RMB Angel Wheel Financing
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2020.12.23
Recently, Shanghai Xingsi Semiconductor Co., Ltd. (hereinafter referred to as "Xingsi Semiconductor") successfully completed the 0.1 billion RMB angel round of financing, this round of financing by Hillhouse Venture Capital (GL Ventures) exclusive investment.
Founded in October 2020, Star Semiconductor is a high-tech new enterprise focusing on "5G Everything Connected Chip. The company brings together the industry's outstanding talents, the core team are from the world's well-known high-tech companies, with a professional and dedicated spirit to create excellent performance of the "5G connection chip", is committed to setting a new benchmark for the 5G chip industry. At present, Xingsi Semiconductor has dozens of partners in ODM, industry solutions, channels and other aspects, and has gradually established a sound ecological partner system in the upstream and downstream of the industrial chain.
Xia Lusheng, Chairman and CEO of Xingsi Semiconductor, said: Xingsi Semiconductor's vision is to "connect everything, concord with the cloud", master core technology, polish high-quality products, customer-centric, in China's new infrastructure wave, with the whole body and mind to contribute to 5G the most basic core products, to provide the strongest connectivity for the Internet of Everything. This round of financing will be mainly invested in the company's product research and development, accelerating the company's "5G connection chip" product layout.
As the perennial legal adviser of Xingsi Semiconductor and the special legal adviser of this angel round financing, Shengdian Law Firm has appointed a legal service team with senior partner Huang Jianxin and senior partner Zhou Dianliang as the core legal service team, providing high-quality and efficient legal services for Xingsi Semiconductor.
With many entrepreneurs, Shengdian Law Firm has experienced the whole process from angel wheel, follow-up financing to listing, providing one-stop legal services for enterprise growth. In the future, we will continue to forge ahead, with our professional ability and rich experience in the field of investment and financing, to escort the project landing of investors and high-quality companies.
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