High-speed transmission solution provider Velink Tech closes Series B funding

Published: Jan 5, 2024 16:50
Source: gasgoo
Velink Tech, a Suzhou-based high-speed transmission solution provider, recently concluded its Series B funding, amassing over a hundred million yuan.

Beijing (Gasgoo)- Velink Tech, a Suzhou-based high-speed transmission solution provider, recently concluded its Series B funding, amassing over a hundred million yuan. 

The investment was spearheaded by SummitView Capital, with co-investments from CFI Capital and Tsinghua Research Capital.

This significant funding round serves as robust financial support for Velink Tech's comprehensive product layout. Simultaneously, it propels the company's stride in connecting upstream and downstream resources within the industry, expediting the scaling of their product range.

Established in March 2021, Velink Tech focuses on high-speed transmission and communication chip design. Their products span automotive, industrial, and consumer sectors. The company has completed a total of seven financing rounds to date, according to information on the Chinese corporate database Tianyancha.

Specializing in ultra-high-speed transmission for in-vehicle networks (IVN), Velink Tech centers its offerings around A-PHY-compliant in-vehicle SerDes chip products. This strategic focus supports the development of high-speed transmission and communication chip industry formats in China.

With a core team comprising talents from renowned semiconductor companies like TI, Spreadtrum, Marvell, and Qualcomm, Velink Microelectronics boasts an average industry experience of over 20 years among its key personnel.

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