Jingsilicon received over 100 million yuan in Series A financing, leading the new trend of "silicon in and copper out" digital power distribution

21 May,2022

Recently, KingSi Intelligent, a leader in digital power distribution, announced that it has completed over 100 million Yuan A round of financing was led by Zhongding Capital, followed by C&D Emerging Investments, and the old shareholders Zhengxuan Investment, Jiuhe Venture Capital, and Yunqi Capital continued to raise. Yunxiu Capital acted as the exclusive financial advisor for this round of financing. After this round of financing, JingSilicon will further expand the roadmap of pure solid-state and hybrid solid-state technology, and enrich the matrix of digital power distribution products to adapt to more new energy and new infrastructure application scenarios.

 

The current 100 billion power distribution industry is facing profound changes. Electric products have been difficult to meet the needs of digital power distribution management. With the vigorous rise of new energy and new infrastructure in the country, and the rapid development of new DC power distribution markets such as 5G, photovoltaics, and energy storage, new requirements have been put forward for terminal power distribution products: better performance indicators, more functional integration, more Fine and flexible control, and the resulting high energy efficiency and comprehensive security.

 

  

Founded in 2020, Jingsilicon is a global digital power distribution company A technology leader in the field, by promoting the innovative application of power semiconductors, new materials and digital technologies in the field of power distribution, it has carried out digital subversive innovations in the thermal-magnetic operating structure of traditional power distribution devices.In It is the first in China to launch a new generation of intelligent solid-state digital switches, which has greatly improved the level of intelligent networking at the end of the power grid. This solid-state digital switch, which is completely different from the working principle of traditional mechanical switches, realizes silicon advancing and copper retreating and static braking. In terms of performance and function, it has achieved intergenerational improvement: microseconds Ultra-fast breaking, zero arcing, ultra-high safety, tens of millions of times of ultra-long life; at the same time, through hardware platformization, software definition and edge intelligence, multi-functional integration, multi-parameter adjustable, multi-scenario adaptation, help create fine A new mode of intelligent distribution management.

 

For this reason, Jingsilicon Intelligent R&D The solid-state digital circuit breakers of the company have been highly recognized by leading 5G enterprises, and have successively obtained bulk orders from leading major customers, successfully entering the process of large-scale commercialization. During the epidemic, KingSi Jiaxing factory was still at full capacity, working overtime to ensure the supply of key customers.

 

The 21st century is the era of electrical digitization. New semiconductor materials and digital technologies have pushed this trend to a new level. As the most basic component of electricity consumption in all walks of life, Jingsil digital switches will change the basic logic of power distribution in cities, buildings, homes, and from electric vehicles, data centers to the entire world infrastructure. In addition to 5G base stations, JingSilicon will continue to provide intelligent power distribution support for new energy vehicles, photovoltaics, data centers, smart grids and smart building application scenarios. Smarter, safer and longer lifespan, Jingsil digital switches are creating a more energy-efficient and sustainable world.

Jingsilicon has a large number of original technology patents and a strong multidisciplinary talent pool. Its founding team comes from Tsinghua University, Peking University, Shanghai Jiaotong University, Zhejiang University, Xi'an Jiaotong University, Ecole Centrale and other well-known universities at home and abroad. It has the world's top 500 power semiconductors, power electronics, software and intelligent algorithms, and new materials New technology, multi-physics simulation, precision mechatronics structural design, Internet of Things communication and other diverse discipline backgrounds, as well as rich experience in successful business management. At present, it has nearly 100 invention patents and software copyrights.

 

KingSi Intelligence CEO Shi Changyun said: “In response to the national dual-carbon strategy and digital transformation In the general trend, with the increasing maturity of the company's pure solid-state and hybrid solid-state underlying technology architecture, in the field of digital power distribution, KingSi will continue to develop new application scenarios, string photovoltaic power generation, smart buildings, and electric vehicles. It is the focus of Jingsilicon's next layout. With a comprehensive patent portfolio, increasingly mature innovation system, industry-leading customer cooperation, and upholding the original entrepreneurial aspiration of "customer first, dare to be the first", Jingsilicon is determined to become an innovative leader in the field of digital power distribution. ”

 

Zhong Ding Capital partner Zhu Yingchun said: “Zhong Ding Capital continues to pay attention to the New supply chain innovation opportunities driven by technology and products. We have observed that traditional power distribution systems have gradually been unable to meet the higher requirements of 5G communications, data centers, photovoltaics, new energy vehicles and other scenarios, requiring digital and intelligent transformation from the bottom. Starting from the 5G communication scenario, Jingsilicon successfully developed a leading digital solid-state circuit breaker and obtained bulk orders from leading large customers. At the same time, we are optimistic about the established management team led by Mr. Shi with the compound characteristics of "scientists + entrepreneurs", and look forward to witnessing Mr. Shi's team unlocking more abundant application scenarios and exploring broader opportunities for change. ”

 

C&D Emerging Investment Company Deputy General Manager and Head of Advanced Manufacturing Investment Li Yan said : "5G, data centers, photovoltaics, electric vehicles and other emerging industries have brought a large amount of new electricity demand, which has brought great challenges to the traditional electrical equipment industry, especially in how to achieve digitalization and intelligence. We are delighted to see that the Jingsilicon intelligent team takes solid-state circuit breakers as the entry point, actively provides digital, intelligent, safe and highly integrated solutions for the industry, systematically decouples and reconstructs the functions of electrical equipment, and continues to explore I also felt the determination of the Jingsil Intelligent team to innovate in technology, and hope to grow together with the team and witness the industry change! ”