# Rapid Flex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/rapid-flex

- Industry: Semiconductors
- Headquarters: Shanghai, China
- Website: www.rapidflex.cn
- Total disclosed funding: $4.2M
- Latest round: Angel (May 6, 2024)
- Investors on record: 3

## About

Based in Shanghai, China, and founded in 2021, Rapid Flex operates as a business-driven programmable SoC (PSoC) company that focuses on embedded FPGA (eFPGA) solutions. It has research and development centers in Shanghai and America. There are more than 200 employees in the company. Xifan Tang, the CEO of the company, is a postdoctoral fellow and assistant professor at the University of Utah, USA, used to work as the chief engineer at Rapid Silicon. The company acquired nearly 20 intellectual property certificates. Rapid Flex has established partnerships with enterprises such as Google and QuickLogic. In May 2024, the company closed an angel funding.

Rapid Flex specializes in the provision of embedded FPGA (eFPGA) solutions and programmable SoC (PSoC) chips. Its agile EDA software tools use its development engine, ArkAngel, which can be used to replace traditional analog layout design processes. Products can be used in industrial automation, consumer electronics, communications, automotive, and other fields.

The company generates revenue by providing FPGA chips, programmable SoC solutions, and EDA software tools.

The company will use the funding for product mass production, customer delivery, and the development of computing power SoC and IP products. The company will continue to research and develop FPGA chips, build up open-source platforms and EDA eco-communities, and establish school-enterprise cooperation.

## Funding rounds

- Angel, May 6, 2024 — Chengwei Capital, SND Ventures Group, Pudong Venture Capital
- Seed, Sep 30, 2022, $4.2M — Chengwei Capital

## Investors

- Chengwei Capital (https://capitalatlas.ai/funds/chengwei-capital) — Seed, Angel
- SND Ventures Group (https://capitalatlas.ai/funds/snd-ventures-group) — Angel
- Pudong Venture Capital (https://capitalatlas.ai/funds/pudong-venture-capital) — Angel