# SCY

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

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.shichuangyi.com
- Total disclosed funding: $47M
- Latest round: Series B (Nov 10, 2023)
- Investors on record: 2

## About

Based in Shenzhen, China, and founded in 2008, SCY is a company that develops and designs as well as produces storage chips and storage products. The company has R&D centers in Beijing and Shanghai, as well as two factories in Shenzhen responsible for memory chip packaging and memory module manufacturing. With a research and development team of more than 200 employees, the company won one of the top ten enterprises in the total industrial output value growth of Xinqiao Street in 2018. In 2019, the company obtained the title of National High-tech Enterprise and as of 2023, it has applied over 80 patents for inventions. In November 2023, the company closed a round of over CNY 340 million series B funding.

The company's products include SSD solid-state disks, DRAM modules, embedded memory chips (eMMC/LPDDR), and OEM and ODM portable storage, and also has production equipment such as FASFORD DB830-plus, UTC-5000 Neo Cu and other machines responsible for memory chip packaging and memory module manufacturing. The company's storage products can be widely used in 5G, automotive networking, industrial automation and other fields.

## Funding rounds

- Series B, Nov 10, 2023, $47M — Beijing Power Future Technology Co., Ltd., Xiaomi Private Equity Fund Management

## Investors

- Beijing Power Future Technology Co., Ltd. — Series B
- Xiaomi Private Equity Fund Management (https://capitalatlas.ai/funds/xiaomi-private-equity-fund-management) — Series B