# Simic Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/simic-group

- Industry: Financial Services
- Headquarters: Shanghai, China
- Latest round: Series A (Sep 9, 2024)
- Investors on record: 10

## About

Founded in 1995 and based in Shanghai, China, Shanghai Xinwei Electronic Co., Ltd., dba Simic Group, is a technology group that focuses on investment in technology industry. In September 2024, the firm closed a series A funding. The company was jointly initiated by the Shanghai Institute of Microsystem and Information Technology, Chinese Academy of Sciences and Shanghai Lianhe Investment Co., Ltd. In December 2025, Simic Group closed CNY 2.57 billion in venture funding from returning investors CCT Fund Management, ICBC Capital Management, Bank of Communications Investment, and new investor National Green Development Fund, Shanghai International Group, CETC Investment Holding Co.,Ltd.
The company's main business includes technology industry investment and management services. It focuses on investing in areas such as microelectronic materials, sensors and integrated circuits.
The company's revenue is generated by providing technology industry investment and management services.

## Funding rounds

- Series A, Sep 9, 2024 — Bank Of China, Hangzhou Chengtou Capital Group, Mixed Reform Fund, ICBC Capital Management, Fortera Capital, China XD Electric Co.,Ltd., Bank of Communications Investment, Shengcheng Capital, Anhui state-owned holding Investment, Shanghai State-owned Capital Investment Leading Fund

## Investors

- Bank Of China — Series A
- Hangzhou Chengtou Capital Group — Series A
- Mixed Reform Fund — Series A
- ICBC Capital Management (https://capitalatlas.ai/funds/icbc-capital-management) — Series A
- Fortera Capital (https://capitalatlas.ai/funds/fortera-capital) — Series A
- China XD Electric Co.,Ltd. — Series A
- Bank of Communications Investment (https://capitalatlas.ai/funds/bank-of-communications-investment) — Series A
- Shengcheng Capital (https://capitalatlas.ai/funds/shengcheng-capital) — Series A
- Anhui state-owned holding Investment (https://capitalatlas.ai/funds/anhui-state-owned-holding-investment) — Series A
- Shanghai State-owned Capital Investment Leading Fund (https://capitalatlas.ai/funds/shanghai-state-owned-capital-investment-leading-fund) — Series A