# SPL Electronics Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spl-electronics-technology-co

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.splchip.com
- Latest round: Series C (Jun 30, 2023)
- Investors on record: 11

## About

Based in Shenzhen, China and founded in 2016, SPL Electronics Technology Co., Ltd. provides integrated circuit and software solutions for the power and utilities industry. The firm focuses on core technologies for new power systems, including domestic power IoT operating systems and smart measurement standards. The company currently provides communication modules and handheld maintenance terminals to the smart energy and industrial IoT sectors across China. In June 2023, the firm closed a series C funding. In January 2026, the company was listed on the National Equities Exchange and Quotations (NEEQ) under the ticker 875061.

The company works with power grid operators and IoT device manufacturers to provide energy internet solutions. Its offerings include communication chips such as the SPL 1020 and SPL 1050 series, smart terminal acquisition modules, and a proprietary power IoT terminal OS capable of network fault location via mobile applications.

The company’s revenue is generated by the sale of communication chips and smart terminal modules to smart grid and industrial IoT clients. It also earns income from the provision of integrated circuit design services, software development for power systems and total solution licensing.

## Funding rounds

- Series C, Jun 30, 2023 — Sunic Capital, Xiaomi Private Equity Fund Management, Shenzhen Xihe Investment Management, Ruibin, Yofc Fund
- Series B, Jun 30, 2022 — FG Venture, Keyu Shengda Fund, Dingsheng Hechuang Investment Management (Beijing), Houshi Investment
- Series B, Aug 31, 2021 — FG Venture, Mild Capital
- Series A, Jan 31, 2020 — Wise Road Capital

## Investors

- Wise Road Capital (https://capitalatlas.ai/funds/wise-road-capital) — Series A
- FG Venture (https://capitalatlas.ai/funds/fg-venture) — Series B
- Mild Capital (https://capitalatlas.ai/funds/mild-capital) — Series B
- Keyu Shengda Fund — Series B
- Dingsheng Hechuang Investment Management (Beijing) — Series B
- Houshi Investment — Series B
- Sunic Capital (https://capitalatlas.ai/funds/sunic-capital) — Series C
- Xiaomi Private Equity Fund Management (https://capitalatlas.ai/funds/xiaomi-private-equity-fund-management) — Series C
- Shenzhen Xihe Investment Management — Series C
- Ruibin — Series C
- Yofc Fund (https://capitalatlas.ai/funds/yofc-fund) — Series C