Fundraise

Xincan raises $14.9M Series A for touch and display driver chips

What's the deal? Shenzhen Xincan Technology has raised 100 million CNY (about $14.9 million) in a Series A round, announced in August 2026. iFlytek VenturesDealroom has a profile for this one. Try Dealroom → led the round.

What's the company do? Xincan develops capacitive touch chips. It supplies full-size capacitive touch and OLED display driver chips, along with related solutions.

Who else backed it? State-owned investors across Anhui province, Hefei city, and the Hefei High-tech district joined the round. Participants included Hefei High-tech Investment, Xingtai Capital, USTC Silicon Valley, Chuanggu CapitalDealroom has a profile for this one. Try Dealroom →, and Guoyuan FundDealroom has a profile for this one. Try Dealroom →.

The signal: The round sits in the 29th percentile by size — modest against comparable deals. But the lineup of provincial and municipal state capital reflects China's continued push to build domestic semiconductor capacity, with local governments channelling public money into homegrown chip designers.

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