Atom Semiconductor, a firm specializing in the development of high-performance analog chips, has recently received nearly 100 million yuan ($15.7 million) in pre-A round financing. The lead investor was Qiming Venture Partners, while co-investors were listed company Venus Medtech and existing shareholder Alibaba Entrepreneurs Fund. Chinese media outlet 36Kr learned that the fresh funds are to be implemented for the R&D of consumer electronics analog chips, sales promotion and marketing team expansion.
Atom Semiconductor was established in Hong Kong in October 2020. It focuses on signal chain analog chips within three product lines: sensor chips, analog-to-digital conversion chips (ADCs) and microprocessors (MCUs), mainly used in consumer electronics, industrial electronics and energy storage.
Atom Semiconductor is now concentrating on the development of chips for consumer electronics, and delivered its first product, “AS1412,” to customers at the end of 2021 for trial use.