# Grecon Semi

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/grecon-semi

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Jiaxing, China
- Website: www.grecon-semi.com
- Total disclosed funding: $31M
- Latest round: Series B (Jan 8, 2025)
- Investors on record: 9

## About

Established in 2018 and based in Jiaxing, China, Grecon Semi operates as an automotive grade power devices and analog IC. The company passed ISO16949 quality system certification. The company has other offices located in Shenzhen and Suzhou. And it has many partners, such as SAIC Group, Geely Automobile, Great Wall Motor and Chery Automobile. In January 2025, Grecon Semi raised series B+ funding led by new investor CAS Capital, with participation from new investors Yinmao Holdings Group Co., Ltd and Tongxin Licheng Capital.

The company provides automotive grade power devices and analog IC. Its products include insulated gate bipolar transistor (IGBT) single tube, silicon carbide module, silicon carbide single tube, automotive standard power module, and automotive software and development tools. Products can apply in infrared and thermal imaging, industrial and new energy vehicles fields. New energy vehicles fields include main traction motor electric control, air conditioning system, hydrogen energy vehicle pumping system and charging pile. In 2023, it promoted TO-247, TO-247PLUS, EASY2B and Econodual series products.

The company generates revenue by providing integrated circuit design services.

According to the news, the company will use the funds for the construction of new production lines, the purchase of new equipment, and research and development of new products.

## Funding rounds

- Series B, Jan 8, 2025 — Tongxin Licheng Capital, CAS Capital, Yinmao Holdings Group Co., Ltd
- Series A, Jan 16, 2023, $15M — Oriza Prior, Ningbo Tianlong Electronics, Anhui mid-mountain Venture Capital
- Series A, Sep 13, 2022, $14M — Oriza Prior, Shenzhen Mountime Private Equity Fund Management, Ningbo Tianlong Electronics
- Seed, May 18, 2022, $1.5M — Sunic Capital, Greatease Capital

## Investors

- Sunic Capital (https://capitalatlas.ai/funds/sunic-capital) — Seed
- Greatease Capital — Seed
- Oriza Prior (https://capitalatlas.ai/funds/oriza-prior) — Series A
- Shenzhen Mountime Private Equity Fund Management (https://capitalatlas.ai/funds/shenzhen-mountime-private-equity-fund-management) — Series A
- Ningbo Tianlong Electronics — Series A
- Anhui mid-mountain Venture Capital — Series A
- Tongxin Licheng Capital (https://capitalatlas.ai/funds/tongxin-licheng-capital) — Series B
- CAS Capital — Series B
- Yinmao Holdings Group Co., Ltd — Series B