# Shenzhen Niuruixin Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenzhen-niuruixin-technology-co

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.newradiotech.com
- Total disclosed funding: $31M
- Latest round: Series A (Jan 30, 2022)
- Investors on record: 5

## About

Based in Shenzhen, China and established in 2016, Shenzhen Niuruixin Technology Co., Ltd. dba New Radio Tech, is a chips developer that provides radio frequency chips and millimeter-wave full-band high performance frequency synthesizer for 5G telecom services. In January 2022, the company raised CNY 200 million in series A funding. NRT81600 series and NRT81800 series chips were launched in 2021.

The core product of the company, Ursa Major Series Ultra Wide Band (UWB) Positioning Communication System Chip, can be used in smart phones and automobiles and covers several emerging application directions such as object location, smart home, mobile payment, indoor navigation, augmented reality (AR) and virtual reality (VR) and etc.

The company plans to focus on the productization and development of UWB chips and systems, and to accelerate the expansion of customers and market scale and develop new product directions.

## Funding rounds

- Series A, Jan 30, 2022, $31M — China Science and Tech Innovation Venture Capital, SiliconX.AI, Guangdong Shouzheng Equity Investment Fund Management, Goermicro, Yitang Zhongyi Capital Investment Management

## Investors

- China Science and Tech Innovation Venture Capital (https://capitalatlas.ai/funds/china-science-and-tech-innovation-venture-capital) — Series A
- SiliconX.AI — Series A
- Guangdong Shouzheng Equity Investment Fund Management (https://capitalatlas.ai/funds/guangdong-shouzheng-equity-investment-fund-management) — Series A
- Goermicro — Series A
- Yitang Zhongyi Capital Investment Management — Series A