Taishi Microelectronics completed a new round of strategic financing of tens of millions of yuan to accelerate the development of automotive chips

Shanghai Taisi Microelectronics Co., Ltd. announced the completion of a new round of strategic financing of tens of millions of yuan, with investors including A-share listed company Riying Electronics and Jiaxing Red Cat Venture Capital Partnership. The funds will be mainly used for the research and development of automotive-specific digital-analog hybrid SoC chips and the deepening of the company's strategic layout, aiming to further consolidate its dominant position in the automotive chip field. In April 2024, the company received tens of millions of yuan in investment from Bio Group, and in September of the same year, it received strategic financing from Zhejiang Lianyi Holdings.