# Possumic

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

- Industry: Electronics
- Headquarters: Zhuhai, China
- Website: www.possumic.com
- Total disclosed funding: $14M
- Latest round: Series A (Dec 2, 2024)
- Investors on record: 4

## About

Based in Zhuhai, China, and founded in 2020, Possumic operates as a sensor chip manufacturer that mainly provides millimeter wave intelligent sensor chips and solutions. It has acquired high-tech enterprise certification and more than 10 patents. In December 2024, the company raised approximately CNY 100 million in series A funding from new investors Hengqin IDC and Jones Capital.

The company mainly provides millimeter wave intelligent sensor chips and solutions. Products include RS6130 chip, RS6240 chip, and MRS261 chip. RS6130 is a 60GHz AiP millimeter wave radar chip that can be used in gesture recognition, smart lighting, doorbells and other scenarios. RS6240 is a 60GHz 4D millimeter wave radar chip. RS6130 is a 77GHz automotive millimeter wave radar chip. Products can be used in consumer electronics, industrial electronics, automotive electronics and other fields.

The company generates revenue by providing millimeter wave intelligent sensor chips and solutions such as RS6130 chip, RS6240 chip, and MRS261 chip.

The company will use the sereis A funding to accelerate product deployment and customer expansion.

## Funding rounds

- Series A, Dec 2, 2024, $14M — Jones Capital, Hengqin IDC
- Angel, Mar 30, 2022 — Delta Capital, Hengqin Financial Investment

## Investors

- Delta Capital (https://capitalatlas.ai/funds/delta-capital) — Angel
- Hengqin Financial Investment (https://capitalatlas.ai/funds/hengqin-financial-investment) — Angel
- Jones Capital (https://capitalatlas.ai/funds/jones-capital) — Series A
- Hengqin IDC — Series A