# Exascend

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

- Industry: Hardware
- Headquarters: Wuhan, China
- Website: www.exascend.com
- Total disclosed funding: $29M
- Latest round: Series B (Nov 22, 2020)
- Investors on record: 7

## About

Based in Wuhan, China and established in 2009, Exascend operates as a hardware company that focuses on the research and development of solid state storage. The company has acquired IATF 16949:2016 certificate. Its products has passed TAA certificate. In November 2020, Exascend raised more than CNY 100 million in series B+ funding from new investors China Merchants Zhiyuan Capital Investment, Jadestone Venture Capital, Montage Technology and Yichen Capital.

The company focuses on providing embedded, solid state drives, memory cards and managed NAND. Products within include M.2 NVMe, U.2/U.3 NVMe, EDSFF, M.2 SATA, 2.5??SATA, CFast Cards, SD Cards, microSD Cards, etc. It also provides tailored solutions for industrial market, server storage, broadcasting and post production as well as cloud computing. The products and technologies can be used in broadcast & cinema, servers and data center, telecommunications, aerospace, and transportation.

## Funding rounds

- Series B, Nov 22, 2020, $15M — Montage Technology, China Merchants Zhiyuan Capital Investment, Jadestone Capital, Yichen Capital
- Series B, Sep 18, 2019, $14M — Walden Catalyst, IPV Capital Partners, Harmony Riverside

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series B
- IPV Capital Partners (https://capitalatlas.ai/funds/ipv-capital-partners) — Series B
- Harmony Riverside — Series B
- Montage Technology — Series B
- China Merchants Zhiyuan Capital Investment — Series B
- Jadestone Capital (https://capitalatlas.ai/funds/jadestone-capital) — Series B
- Yichen Capital — Series B