# Pengtai Storage

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pengtai-storage

- Industry: Electronics
- Headquarters: Nanjing, China
- Website: www.petaio.net/
- Total disclosed funding: $15M
- Latest round: Series D (May 23, 2025)
- Investors on record: 8

## About

Established in 2020 and based in Nanjing, China, Pengtai Storage operates as a NVMe storage solution provider dedicated to cutting-edge storage technologies and meeting the ever-increasing data storing and processing demands targeting Data Center applications. It has sub-branch offices in Beijing, Shenzhen, Silicon Valley, and Seoul. The chairman and founder of the company, Tim Ding has worked in HoneycombData, TiDAL System, and Link-A-Media Devices Inc. In May 2025, Pengtai Storage raised an undisclosed amount of series D funding from China Development Bank Capital, Pro Capital, Zhongxin Capital, Qianhai Median Populus Euphratica Capital, Dingxin Capital, and the Hina Group. Other unspecified investors also participated in the round. The company mainly provides PETA8118 series storage products, which include P8118X, P8118M, and P8118Z. Pengtai Storage also focuses on the research and development of enterprise-level SSD main control chips, firmware and related application software solutions. The Titanium-DC main control chip uses TSMC's 16nm FinFET process and supports TLC and QLC flash memory particles.

## Funding rounds

- Series D, May 23, 2025 — Hina Group, Pro Capital, Dingxin Capital, China Development Bank Capital, Zhongxin Capital, Qianhai Zhongzhi Huyang Capital
- Series C, Sep 25, 2020, $15M — Junsan Capital, CTC Capital

## Investors

- Junsan Capital (https://capitalatlas.ai/funds/junsan-capital) — Series C
- CTC Capital (https://capitalatlas.ai/funds/ctc-capital) — Series C
- Hina Group (https://capitalatlas.ai/funds/hina-group) — Series D
- Pro Capital (https://capitalatlas.ai/funds/pro-capital) — Series D
- Dingxin Capital — Series D
- China Development Bank Capital — Series D
- Zhongxin Capital — Series D
- Qianhai Zhongzhi Huyang Capital (https://capitalatlas.ai/funds/qianhai-zhongzhi-huyang-capital) — Series D