# Beijing Xinjixun Communication Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-xinjixun-communication-technology

- Industry: Electronics
- Headquarters: Chengdu, China
- Website: www.innobase.com.cn
- Total disclosed funding: $43M
- Latest round: Series A (Sep 26, 2024)
- Investors on record: 6

## About

Established in 2021 and based in Beijing, China, Beijing Xinjixun Communication Technology, a.k.a. Innobase, is an enterprise service company that focuses on providing mobile communication technology services. The company has set up branch offices in Beijing, Shanghai, Nanjing, Zhuhai, and Silicon Valley. In September 2024, it raised over CNY 300 million in sereis A+ funding led by new investor Orinno Capital.

The company focuses on mobile communication technology based on 4G/5G/low orbit satellite networks, and designing baseband SoC chips, PMIC (Power Management Integrated Circuits), and IoT application processors suitable for IoT terminals. The core products are 5G RedCap IoT chips, customized IoT chips, and fast charging chips for mobile devices.

Innobase generates revenue by providing wireless mobile communication integrated circuits, baseband, RF, multimedia chips, and related digital TV chips.

## Funding rounds

- Series A, Sep 26, 2024, $43M — Wise Road Capital, Sichuan Development Industry Led Equity Investment Fund Management, Hongxin Equity Fund, Chaohui Capital, Orinno Capital, Xuhu Investment

## Investors

- Wise Road Capital (https://capitalatlas.ai/funds/wise-road-capital) — Series A
- Sichuan Development Industry Led Equity Investment Fund Management — Series A
- Hongxin Equity Fund (https://capitalatlas.ai/funds/hongxin-equity-fund) — Series A
- Chaohui Capital — Series A
- Orinno Capital (https://capitalatlas.ai/funds/orinno-capital) — Series A
- Xuhu Investment — Series A