Aist raises hundreds of millions of yuan in Series B for SiC chips

What's the deal? Shenzhen Aist Technology has raised hundreds of millions of yuan in a Series B round. Zhongxian OptoelectronicsDealroom has a profile for this one. Try Dealroom → led the round, with the Qiantang Heda Industrial Fund participating.

What does Aist do? The company designs and produces high-power electronic devices built on silicon carbide (SiC), a third-generation semiconductor material. It is a nationally recognised high-tech enterprise handling SiC MOS chip design, module production, and system development.

The signal: Silicon carbide is prized for handling higher voltages and temperatures than conventional silicon, making it central to electric vehicles and power systems. Fresh capital flowing into a firm spanning chip design through to modules points to continued momentum behind China's push for domestic third-generation semiconductors.

Image credit: Generated with Gemini