# eHiWAY

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

- Industry: Electronics
- Headquarters: Suzhou, China
- Website: www.ehiway.cn
- Total disclosed funding: $45M
- Latest round: Series C (Aug 6, 2024)
- Investors on record: 9

## About

Founded in 2017 and based in Suzhou, China, eHiWAY is an electric technology company that provides programmable chips and systems. The company was incubated by the Programmable Chips and Systems team of the Chinese Academy of Sciences. In 2018, it broke through the technology of array scale and computing resource user-defined compilation and developed insert programmable electronic circuits Intellectual Property (IP) core. In 2019, the company developed a new software architecture and computing software, electronic design automation (EDA). It has an R&D center in Beijing and a subsidiary in Chengdu. In August 2024, eHiWAY closed a Series C funding from returning investor CAS Venture Capital with participation from new investors Qixin Captial and SIMIC Capital.

The company engages in Field Programmable Gate Array (FPGA) technology products development. The FPGA technology can be used in the fields of aerospace, defense, consumer electronics, industrial, healthcare, and measurement. Specific products include programmable IP core, programmable logical chip, and EDA software. The company provides reconstruction system solutions and integrated circuit design services for industrial control, communication and data center.

The company generates revenue by doing research, development and providing reconfigurable system solutions and integrated circuit design services.

## Funding rounds

- Series C, Aug 6, 2024 — CAS Venture Capital, SIMIC Capital, Qixin Captial
- Series B, Jan 11, 2023 — China South Demao Capital
- Series B, May 27, 2022, $45M — Jinan Sci-Tech Venture Capital, Hengbang Capital, Suzhou Lusheng Investment Co., Ltd., Shanghai Zhurui Equity Investment Management Co., Ltd., Shenzhen Zhongying Assets Co., Ltd.
- Angel, Oct 9, 2018 — CAS Venture Capital

## Investors

- CAS Venture Capital (https://capitalatlas.ai/funds/cas-venture-capital) — Angel, Series C
- Jinan Sci-Tech Venture Capital (https://capitalatlas.ai/funds/jinan-sci-tech-venture-capital) — Series B
- Hengbang Capital (https://capitalatlas.ai/funds/hengbang-capital) — Series B
- Suzhou Lusheng Investment Co., Ltd. — Series B
- Shanghai Zhurui Equity Investment Management Co., Ltd. — Series B
- Shenzhen Zhongying Assets Co., Ltd. — Series B
- China South Demao Capital (https://capitalatlas.ai/funds/china-south-demao-capital) — Series B
- SIMIC Capital (https://capitalatlas.ai/funds/simic-capital) — Series C
- Qixin Captial — Series C