# Core Changzheng Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/core-changzheng-technology-co

- Industry: Semiconductors
- Headquarters: Nanjing, China
- Website: www.marching-power.com
- Total disclosed funding: $78M
- Latest round: Series D (Jan 9, 2023)
- Investors on record: 28

## About

Established in 2017 and based in Guiyang, China, Core Changzheng Technology Co., Ltd. is a design company focusing on the development of power semiconductor devices. The core members of the team have more than 10 years of product development experience, and Dr. Yangjun Zhu, the founder and CEO of the company, has over 15 years of experience in the field of semiconductor power devices and has led teams to undertake research tasks for major national science and technology projects and major projects of the National Endowment Committee. The company's products have been iterated to the sixth generation in 2020, and has completed the construction of its own production line for mid- to high-end modules, with the ability to design and manufacture modules independently.

The company is mainly engaged in the design, development and packaging of power semiconductor devices, and has product lines include IGBT, coolmos, SiC and other chip products and technology development, IGBT module design, packaging, test foundry, etc.The products include potting modules for new energy vehicles and industrial control fields, and intelligent power modules for home appliances. The company's VD MOSFET combines the advantages of bipolar transistors and MOS devices, it adopts strip cell structure.

## Funding rounds

- Series D, Jan 9, 2023 — Delta Capital, Gaorong Ventures, TCL Capital, Septwolves Holding, Shenwan Hongyuan Securities Ltd, Singularity Power Capital, V Fund, China Life Capital, CD Capital, CRRC Capital Management, Ningbo Ginlong Technologies Co., Ltd., Nanxi Investment, China Intelligent and Connected Vehicles (Beijing) Research Institute Co.,Ltd.
- Series C, Dec 17, 2021, $78M — Walden Catalyst, CDH Investments, CASH Capital, Gaorong Ventures, Singularity Power Capital, V Fund, Hunan Huashi capital, BAIC Capital, Guiyang Venture Capital, Huajin Lingchuang Fund Management, Jiangsu Xinchao Innovation Investment Group, Nanxi Investment, Huaxu Fund Management, Yiqi Lihe, Jiangning Jingkai Capital
- Series B, Jan 14, 2020 — Delta Capital, Dynamic Capital, Sunic Capital, Qingdao High Innovation Sci-Tech Capital Operation Co., Ltd
- Series A, Dec 30, 2018 — Dynamic Capital
- Series A, Nov 9, 2018 — CAS Venture Capital

## Investors

- CAS Venture Capital (https://capitalatlas.ai/funds/cas-venture-capital) — Series A
- Dynamic Capital (https://capitalatlas.ai/funds/dynamic-capital) — Series A, Series B
- Delta Capital (https://capitalatlas.ai/funds/delta-capital) — Series B, Series D
- Sunic Capital (https://capitalatlas.ai/funds/sunic-capital) — Series B
- Qingdao High Innovation Sci-Tech Capital Operation Co., Ltd — Series B
- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series C
- CDH Investments (https://capitalatlas.ai/funds/cdh-investments) — Series C
- CASH Capital (https://capitalatlas.ai/funds/cash-capital) — Series C
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series C, Series D
- Singularity Power Capital — Series C, Series D
- V Fund (https://capitalatlas.ai/funds/v-fund) — Series C, Series D
- Hunan Huashi capital — Series C
- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Series C
- Guiyang Venture Capital (https://capitalatlas.ai/funds/guiyang-venture-capital) — Series C
- Huajin Lingchuang Fund Management (https://capitalatlas.ai/funds/huajin-lingchuang-fund-management) — Series C
- Jiangsu Xinchao Innovation Investment Group (https://capitalatlas.ai/funds/jiangsu-xinchao-innovation-investment-group) — Series C
- Nanxi Investment — Series C, Series D
- Huaxu Fund Management (https://capitalatlas.ai/funds/huaxu-fund-management) — Series C
- Yiqi Lihe — Series C
- Jiangning Jingkai Capital (https://capitalatlas.ai/funds/jiangning-jingkai-capital) — Series C
- TCL Capital (https://capitalatlas.ai/funds/tcl-capital) — Series D
- Septwolves Holding (https://capitalatlas.ai/funds/septwolves-holding) — Series D
- Shenwan Hongyuan Securities Ltd — Series D
- China Life Capital — Series D
- CD Capital — Series D
- CRRC Capital Management — Series D
- Ningbo Ginlong Technologies Co., Ltd. — Series D
- China Intelligent and Connected Vehicles (Beijing) Research Institute Co.,Ltd. — Series D