# Gencun Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gencun-technology

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.smartnvy.com
- Latest round: Series A (Aug 27, 2021)
- Investors on record: 8

## About

Established in 2019 and based in Shenzhen, China, Gencun Technology operates as a fabless chip design company that focuses on MRAM and related chip product R&D. The company is headquartered in Shenzhen, and has R&D centers and teams in Shanghai and Suzhou. It is a science and technology-based small and medium-sized enterprise (SME) and passed ISO9001 quality system certification. In 2022, the company was honored as one of the "Top 50 Innovative Entrepreneurs". In September 2023, it closed strategic investment led by Giantec Semiconductor Inc, with participation from Youyuan Capital, Zhongji Investment and Baidu Ventures.

The company uses design platforms for MRAM technology to develop single-chip solutions. Its products are divided into two series, which include ultra-low power AI SoC and standalone MRAM memory chips. Ultra-low power AI SoC includes the CY series. Standalone MRAM memory chips include serial series and parallel series. Products can be applied in the fields of consumer, industrial, IoT and automotive.

The company will mass-produce chip products in the fourth quarter of 2023.

## Funding rounds

- Series A, Aug 27, 2021 — Shenzhen HTI, Baidu Ventures, Zhengxuan Capital
- Angel, Aug 14, 2019 — Puhua Capital, TusStar, FI Capital, Landstone Capital, New Hope Capital

## Investors

- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Angel
- TusStar (https://capitalatlas.ai/funds/tusstar) — Angel
- FI Capital (https://capitalatlas.ai/funds/fi-capital) — Angel
- Landstone Capital (https://capitalatlas.ai/funds/landstone-capital) — Angel
- New Hope Capital (https://capitalatlas.ai/funds/new-hope-capital) — Angel
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series A
- Baidu Ventures (https://capitalatlas.ai/funds/baidu-ventures) — Series A
- Zhengxuan Capital (https://capitalatlas.ai/funds/zhengxuan-capital) — Series A