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Yitai Intelligent Raises Over 200 Million Yuan in Series A
TMTPOST — High-speed interconnect chip maker Yitai Intelligent Technology has completed a Series A financing of more than 200 million yuan. The A3 tranche was led by Xichuang Investment, with participation from Jintou Zhiyuan and Hongshan Capital (洪山资本). Proceeds will support mass production and delivery of edge switch chips as well as continued recruitment of top talent. The company aims to enter the first tier of domestic high-speed interconnect chip suppliers. Its first-generation automotive-grade switch chip has already entered large-scale production at a major vehicle maker.
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