# CanaanTek Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/canaantek-co

- Industry: Electronics
- Headquarters: Shanghai, China
- Website: www.canaantek.com
- Total disclosed funding: $54M
- Latest round: Series C (Sep 14, 2021)
- Investors on record: 8

## About

Founded in 2008 and headquartered in Shanghai, China, CanaanTek Co., Ltd. was established to focus on developing high-performance RF chips. The chief executive officer of the company is Wenhai Ni. In September 2025, it closed a new venture funding round with participation from PKU Collaborative Venture and Shenzhen Capital Real Estate Fund. 

The company develops advanced RF chips designed to optimize signal transmission and reception, improving wireless connectivity in high-density environments. Its products support robust communication solutions for telecommunications providers, IoT deployments, and consumer electronics manufacturers. The company provides chips engineered to address issues such as signal interference and bandwidth limitations, enabling reliable integration into client systems worldwide.

CanaanTek Co., Ltd. generates revenue through B2B sales of RF chips to manufacturers and technology companies under direct sales agreements and strategic partnerships. Revenue is derived from individual chip sales, bulk orders, and long-term contracts, with additional income from subscription-based services for technical support and firmware updates.

## Funding rounds

- Series C, Sep 14, 2021, $31M — SB China Venture Capital, Cowin Capital, Yonghua Capital, China Merchants Securities
- Series B, Mar 29, 2021, $15M — SB China Venture Capital, Yonghua Capital
- Series B, Oct 19, 2020, $7.5M — Shenzhen Capital Real Estate Fund, Jianyuan Fund
- Series A, Mar 4, 2015 — Zhangjiang Torch Investment
- Angel, Mar 1, 2014 — Chenhui Venture Partners

## Investors

- Chenhui Venture Partners (https://capitalatlas.ai/funds/chenhui-venture-partners) — Angel
- Zhangjiang Torch Investment (https://capitalatlas.ai/funds/zhangjiang-torch-investment) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- Jianyuan Fund (https://capitalatlas.ai/funds/jianyuan-fund) — Series B
- SB China Venture Capital (https://capitalatlas.ai/funds/sb-china-venture-capital) — Series B, Series C
- Yonghua Capital (https://capitalatlas.ai/funds/yonghua-capital) — Series B, Series C
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series C
- China Merchants Securities — Series C