# Shanghai Orionchip Semiconductor Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-orionchip-semiconductor-technology-co

- Industry: Semiconductors
- Headquarters: Shanghai, China
- Website: www.orionchip.com
- Total disclosed funding: $15M
- Latest round: Series A (Apr 12, 2021)
- Investors on record: 2

## About

Shanghai Orionchip Semiconductor Technology Co., Ltd. is a China-based company focused on delivering advanced semiconductor solutions for high-tech applications, enhancing performance and efficiency across various sectors including telecommunications and automotive.Founded in 2018, Shanghai Orionchip specializes in semiconductor technology, developing microchips and integrated circuits. The firm is headquartered in Shanghai, China. In April 2021, the company raised CNY 100 million in a Series A funding round led by GP Capital, marking a significant milestone in its growth strategy.Orion Chip specializes in advanced semiconductor solutions tailored for various high-tech applications. The company's core products include a range of microchips and integrated circuits designed to enhance performance and efficiency in sectors such as telecommunications, automotive, and consumer electronics. These products are engineered to address critical challenges like energy consumption, data processing speed, and device interoperability. Orion Chip caters to a diverse client base, including major technology firms and automotive manufacturers, facilitating the development of next-generation devices. The company operates in multiple geographical markets, including North America, Europe, and Asia, effectively positioning itself to meet the needs of international clients across these regions.Revenue for Orion Chip is generated primarily through direct sales of its semiconductor products to B2B clients, including OEMs (Original Equipment Manufacturers) and technology developers. The transactional structure typically involves bulk orders with long-term contracts that provide stability and predictability in revenue streams. Pricing strategies are aligned with industry standards, offering competitive rates for flagship products, which are essential for integrating advanced technologies in client applications. Additionally, Orion Chip may engage in partnerships with companies for co-development projects, allowing for shared revenue opportunities derived from joint offerings. This strategic approach to revenue generation underscores the company's commitment to establishing long-lasting relationships with its clients while ensuring the delivery of high-quality semiconductor solutions.In April 2021, Shanghai Orionchip Semiconductor Technology Co., Ltd. raised CNY 100 million led by GP Capital, which will be utilized to support the development of new semiconductor products and expand into additional geographic markets. The company is focusing on launching innovative microchips designed for the automotive and telecommunications sectors within the next 18 months, aiming to penetrate emerging markets in Southeast Asia and South America by 2023.

## Funding rounds

- Series A, Apr 12, 2021, $15M — GP Capital
- Angel, Nov 14, 2018 — Future Capital Discovery Advisory (Hong Kong) Limited

## Investors

- Future Capital Discovery Advisory (Hong Kong) Limited (https://capitalatlas.ai/funds/future-capital-discovery-advisory-hong-kong-limited) — Angel
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series A