“Jingsilicon Intelligence” has successively completed tens of millions of yuan in Pre-A/Pre-A+ rounds of financing

26 Feb,2022


Committed to the digitization of power distribution in the field of new energy and new infrastructure, assisting the national "dual carbon" strategy, and becoming a global leader in digital power distribution switches.

 

 

Recently, KingSi Intelligence has successively completed tens of millions of Pre-A/Pre-A+ rounds of financing. This financing was led by Zhengxuan Investment, followed by Jiuhe Venture Capital and Yunqi Capital. The introduced funds will be mainly used for a new generation of digital Research and development of power distribution products and preparation for mass production.

 

With the vigorous rise of new energy and new infrastructure in the country, and the gradual implementation of "carbon peak" and "carbon neutrality" strategies in all walks of life, the traditional power distribution industry is facing profound changes. The digitalization of load-side energy efficiency management The requirements are getting more and more urgent, the granularity of management is getting finer and finer, and the requirements for switching load and switching frequency are getting higher and higher. The traditional mechanical power distribution device suitable for AC power distribution is subject to its own mechanical structure and action principle. , facing increasing challenges in DC power distribution applications in new scenarios.

 

Combining new materials such as third-generation power semiconductors with new artificial intelligence technologies such as AI, Jingsilicon has launched a new generation of intelligent power distribution switches in China for the first time. This solid-state intelligent switch is completely different from the working principle of traditional mechanical switches. It has realized silicon advance and copper retreat, static braking, combined with hardware virtualization, software definition, edge intelligence, and achieved intergenerational improvement in performance and function. These characteristics of digital distribution switches have natural advantages in the distribution side application of new energy and new infrastructure scenarios. Combined with the national dual-carbon strategy, digital strategy and the promotion of energy Internet of Things, its commercial application prospects are even more limitless.

 

With the improvement of top-level policies, the maturity of upstream material and device technology, and the continuous rise of demand in downstream scenarios, the commercialization of a new generation of digital power distribution products is at the right time. Jingsilicon will take solid-state digital switches as the entry point, continue to expand application scenarios, and continue to build "end-edge, network, cloud intelligence" all-round AIOT solutions in the field of digital power distribution.

 

Jingsilicon has a large number of global original technology patents, highly integrated IoT products and a strong multi-disciplinary talent pool in digital power distribution. Its founding teams are all graduated from Tsinghua University, Peking University, Shanghai Jiaotong University, Zhejiang University, Xi'an Jiaotong University, Ecole Centrale Paris and other well-known universities at home and abroad, with the world's top 500 power semiconductors, power electronics, software and intelligent algorithms, new materials and new processes, multi-physics simulation, precision mechatronics structural design, Internet of Things With a diverse background in communication and other disciplines, he has successful experience in leading the company from zero to billions of dollars in sales revenue.

 

Shi Changyun, CEO of KingSi Intelligence Said that after this round of fundraising, Jingsilicon will continue to uphold the enterprise spirit and entrepreneurial spirit of "customer first, dare to be the first", and further increase the basic research and development investment in the underlying technical architecture of solid-state digital switches and cloud service operating systems. Accelerate the pace of automation facilities and intelligent manufacturing in the production base, and continue to deepen the strong coupling iteration with leading enterprises in emerging industries, promote customer success with highly targeted digital intelligent hardware and integrated solutions, and promote the society to a greener, Development in a lower carbon and safer direction.

 

Wan Qiuyang, founding partner of Zhengxuan Investment Said that the new energy and new infrastructure power distribution industry is a trillion-level track, and the application of new technologies will break the original market structure. ability.

 

Wang Xiao, founder of Jiuhe Venture Capital Said that the combination of a new generation of intelligent devices with artificial intelligence and machine learning will bring new market opportunities to the transformation of the traditional power distribution industry. New materials and new processes, precision mechatronics structural design, and interdisciplinary products of IoT communication will become the "router" and infrastructure of the energy IoT. We are very optimistic about the application prospects of Jingsilicon's team and products.

 

Zheng Ruiting, Executive Director of Yunqi Capital He said that the country promotes "dual carbon" and "digital transformation", energy is the main battlefield, and electricity is the main force. As the leader of domestic digital power distribution, Jingsil Intelligent has rich product lines and diverse application scenarios. We are optimistic about its unlimited potential to promote the digitalization of the industry and lead the innovation and high-quality development of the industry.