Ruitai Microelectronics completed two rounds of financing of nearly 100 million yuan within half a year

Ruitai Micro (Beijing) Electronic Technology Co., Ltd. announced that it had completed two rounds of financing, A+ and B, in half a year, with a total of nearly 100 million yuan in financing. The A+ round was invested by GAC Capital, and the B1 round was led by Shunxi Fund under Beijing Guoguan, and co-invested by Guohai Ruicheng Xinche Liandong Venture Capital Fund. As of the completion of this round of financing, Ruitai Micro has been supported by Weilai Capital, GAC Capital, Guohai Ruicheng and several Tier 1 manufacturers. Ruitai Micro was established in 2021 and is a leading domestic supplier of high-performance analog and analog-to-digital hybrid chips for intelligent connected vehicles. The core founding team all came from Analog Devices (ADI), a global leader in analog semiconductors. The company's valuation is expected to be around 800 million yuan.