# SICHAIN

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

- Industry: Semiconductors
- Headquarters: Shanghai, China
- Website: www.sichainsemi.com
- Latest round: Series A (Apr 26, 2023)
- Investors on record: 6

## About

Based in Shanghai, China, and founded in 2021, SICHAIN operates as a silicon carbide power chip developer specializing in the development and industrialization of SiC power devices. The core team has been engaged in SiC processes and devices for more than 20 years. It has passed AEC-Q101 automotive grade certificate and 960V-H3TRB reliability verified. The company has branches in Shanghai and Shenzhen. In April 2023, it closed series A+ funding co-led by new investors NIO Capital, Silan, and Walden Catalyst. In December 2023, SICHAIN closed pre-series B funding.

The company is mainly engaged in the R&D and industrialization of SiC power devices. Its main products include SiC diodes of various specifications under the 1200V platform in bulk and SiC MOSFETs. Its products are widely used in new energy, electric vehicles, smart grid, rail transportation, industrial control, and other fields.

## Funding rounds

- Series A, Apr 26, 2023 — Walden Catalyst, NIO Capital, GL Ventures, Silan, Macmic Science & Technology Co., Ltd., Hongfu Investment

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series A
- NIO Capital (https://capitalatlas.ai/funds/nio-capital) — Series A
- GL Ventures (https://capitalatlas.ai/funds/gl-ventures) — Series A
- Silan — Series A
- Macmic Science & Technology Co., Ltd. — Series A
- Hongfu Investment (https://capitalatlas.ai/funds/hongfu-investment) — Series A