According to reports, semiconductor manufacturer IKAS (Ex Industries) recently completed a Pre-A round of tens of millions of yuan, invested by Sequoia China Seed Fund, Qingtong Capital as the exclusive financial advisor for this round.
Mr. Li Jie, CEO of Ax Industries, said that this round of financing will be used to increase technological innovation, product research and development, sales system construction, etc., expand the industry's leading advantages, and further deepen the company's cooperation with the semiconductor customer base to accelerate China's semiconductor intelligence Manufacturing process.
Regarding the financing, Jin Wenji, Managing Director of Sequoia Capital China Fund, said: "Industry is the most important economic driver of a country, and China has been providing manufacturing support to the world. Semiconductors are typical high value-added and high-tech thresholds. Industry, we are optimistic about the strength and technological advancement of Ax Industries. Its core products have filled the gap in the Chinese semiconductor industry chain. This round of financing will help Ax accelerate the landing of customers and achieve a comprehensive and intelligent upgrade of the semiconductor industry. "
According to public information, IKAS (Ex Industry) was established in 2017 and is located in Shenzhen Bay Science and Technology Ecological Park, Nanshan District, Shenzhen. IKAS 'mission is to promote the development of China's manufacturing industry and help China's Industry 4.0 revolution. It is led by the world's top intelligent manufacturing technology expert, Yangtze River scholar Zhou Mengchu, and the world's top 79 artificial intelligence expert, Professor Royal Institute of Canada Witold Pedrycz. It includes a team of intelligent manufacturing scientists including 4 IEEE academicians, a US intelligent software R & D team, and a Singapore / US industry expert team. More than 50% of the company's team has a master's degree or above, and holds a number of international invention patents in artificial intelligence and other fields.