# Convert

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/convert

- Industry: Semiconductors
- Headquarters: Zhangjiagang, China
- Website: www.convertsemi.com
- Latest round: Series A (Feb 2, 2019)
- Investors on record: 6

## About

Founded in 2015 and based in Suzhou, China, Convert is a semiconductor company that focuses on the research and development of intelligent power semiconductor devices and integrated chips. In 2016, the company passed the ISO9001 quality system certification and ISO14001 environmental system certification. In September 2021, it raised CNY 100 million in strategic investment from new investors Jiangmen Sugarcane Chemical Factory (Group) Co.,Ltd, Hewang Investment, and returning investor Coastal Capital. In 2023, Convert was listed on the Shanghai Stock Exchange. Its stock code is 688693. The firm has a subsidiary in Xi'an and branch offices in Wuxi and Shenzhen.

The company's main products include discrete devices and optoelectronics devices. Discrete devices include SiC Schottky diodes, planar MOSFETs, and SiC MOSFETs. Its products are used in fields such as robots, drones, charging piles and electric vehicles.

In 2022, the company's operating income was CNY 235.38 million. Its net profit is CNY 61.11 million.

## Funding rounds

- Series A, Feb 2, 2019 — China Merchants Capital, Wuxi Guojing Investment Management, Glory Capital Management
- Angel, Aug 10, 2017 — Datang Taike Capital, Zhangjiagang Jincheng Rongchuang Venture Capital, Zhangjiajie Jinmao Venture Capital

## Investors

- Datang Taike Capital — Angel
- Zhangjiagang Jincheng Rongchuang Venture Capital — Angel
- Zhangjiajie Jinmao Venture Capital — Angel
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- Wuxi Guojing Investment Management (https://capitalatlas.ai/funds/wuxi-guojing-investment-management) — Series A
- Glory Capital Management (https://capitalatlas.ai/funds/glory-capital-management) — Series A