# Nexic

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

- Industry: Semiconductors
- Headquarters: Beijing, China
- Website: www.nexic.cn
- Total disclosed funding: $16M
- Latest round: Series B (Feb 6, 2023)
- Investors on record: 15

## About

Based in Beijing, China, and founded in 2020, Beijing Xingan Technology Co., Ltd is a semiconductor company that provides silicon carbide (Sic) power devices. The company's team members have experience in the fields of R&D, production, and sale of silicon carbide power devices. The company is headquartered in Beijing and has chip device production lines and module R&D centers in Jiangyin and Shenzhen, respectively. The company built a chip manufacturing plant in Jiangsu in February 2023. In May 2024, Beijing Xingan Technology Co., Ltd raised strategic investment from Beijing Energy Holding. The company’s main business is the development of SiC power device chips and modules, catering to the needs of various high-efficiency power conversion applications. The company’s self-developed SiC power semiconductors are utilized in fields such as photovoltaic inverters, electric vehicle drive motors, and fast-charging stations. The company generates revenue by manufacturing and selling SiC power device chips and modules, offering technical development services for automotive electronic equipment, and producing electronic components.

## Funding rounds

- Series B, Feb 6, 2023 — BlueRun Ventures, GP Capital, Boyu Capital, Glory Ventures, Anxin Capital, Dawu Venture, Sino IC Leasing, Jiangsu Xinchao Innovation Investment Group
- Series A, Mar 31, 2022, $16M — BlueRun Ventures, Boyu Capital, Tsinghua Capital, Hainan Yingxi Investment, Beijing Kailan Investment Management
- Angel, May 27, 2021 — TusStar, MPC, BAIC Capital, SEE Fund

## Investors

- TusStar (https://capitalatlas.ai/funds/tusstar) — Angel
- MPC — Angel
- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Angel
- SEE Fund — Angel
- BlueRun Ventures (https://capitalatlas.ai/funds/bluerun-ventures) — Series A, Series B
- Boyu Capital (https://capitalatlas.ai/funds/boyu-capital) — Series A, Series B
- Tsinghua Capital — Series A
- Hainan Yingxi Investment — Series A
- Beijing Kailan Investment Management — Series A
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series B
- Glory Ventures (https://capitalatlas.ai/funds/glory-ventures) — Series B
- Anxin Capital (https://capitalatlas.ai/funds/anxin-capital) — Series B
- Dawu Venture — Series B
- Sino IC Leasing — Series B
- Jiangsu Xinchao Innovation Investment Group (https://capitalatlas.ai/funds/jiangsu-xinchao-innovation-investment-group) — Series B