# Shengxin Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shengxin-network

- Industry: Semiconductors
- Headquarters: Beijing, China
- Latest round: Series C (May 11, 2024)
- Investors on record: 4

## About

Founded in2019 and based in Beijing, China, Shengxin Network is a developer of ASIC (Application-specific integrated circuit) chips for network communication equipment that focused on chip IP Core design and ASIC tapeout. In 2021, the company raised strategic investment from Huawei Technologies. The company engages in developing ASIC chips. The company's core business includes software development, network communications and computer system services, etc. Revenue is generated through providing ASIC chips solution for software development, network communications and computer system services.

## Funding rounds

- Series C, May 11, 2024 — Mount Morning Capital
- Series B, Dec 30, 2022 — CCB Trust Co., Ltd., Shangshi Fund, GW Investment

## Investors

- CCB Trust Co., Ltd. — Series B
- Shangshi Fund (https://capitalatlas.ai/funds/shangshi-fund) — Series B
- GW Investment — Series B
- Mount Morning Capital (https://capitalatlas.ai/funds/mount-morning-capital) — Series C