Inventchip secures over 1 billion yuan in Series C financing

Published: Sep 22, 2025 09:00
Source: gasgoo
On Sept. 19, Chinese silicon carbide (SiC) semiconductor supplier Inventchip announced the completion of its Series C financing round, raising more than 1 billion yuan.

Beijing (Gasgoo)- On Sept. 19, Chinese silicon carbide (SiC) semiconductor supplier Inventchip announced the completion of its Series C financing round, raising more than 1 billion yuan. The company has already completed industrial and commercial registration updates.

The round was led by the National Manufacturing Transformation and Upgrading Fund, with participation from CICC Capital, Beijing Green Energy and Low-Carbon Industry Fund, SDIC IC Fund, Goldstone Investment, and others. Proceeds will be used for SiC production capacity expansion, product R&D, and market promotion.

Founded in 2017, Inventchip operates under an IDM model covering design, manufacturing, and sales of SiC power devices, while also offering driver and control chips. The company has mass-produced three generations of SiC MOSFETs with performance at advanced industry levels. Its products are widely applied in EV onboard chargers (OBC), DC-DC converters, e-drive systems, air-conditioning compressors, photovoltaics, energy storage, charging piles, and industrial power supplies.

In 2024, Inventchip's cumulative deliveries include over 16 million SiC MOSFET units, 18 million SiC Schottky barrier diodes (SBDs), and nearly 60 million driver IC units. The company has also entered the EV main drive inverter market, winning projects from several automakers and suppliers.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
China's Power and ESS Battery Sales Surge in June 2026, Up 49.1% YoY
Jul 17, 2026 16:25
China's Power and ESS Battery Sales Surge in June 2026, Up 49.1% YoY
Read More
China's Power and ESS Battery Sales Surge in June 2026, Up 49.1% YoY
China's Power and ESS Battery Sales Surge in June 2026, Up 49.1% YoY
The China Automotive Power Battery Industry Innovation Alliance released monthly power battery data for June 2026: In June, China's sales of power and ESS batteries were 196.0 GWh, up 7.6% MoM and up 49.1% YoY. Among them, power battery sales were 133.4 GWh, accounting for 68.1% of total sales, up 5.0% MoM and up 41.8% YoY; ESS battery sales were 62.6 GWh, accounting for 31.9% of total sales, up 13.4% MoM and up 67.5% YoY. January-June, China's cumulative sales of power and ESS batteries were 979.4 GWh, up 48.6% YoY. Among them, cumulative power battery sales were 661.3 GWh, accounting for 67.5% of total sales, up 36.2% YoY; cumulative ESS battery sales were 318.1 GWh, accounting for 32.5% of total sales, up 83.4% YoY.
Jul 17, 2026 16:25
China's auto exports are expected to exceed 10 million units this year.
Jul 17, 2026 10:35
China's auto exports are expected to exceed 10 million units this year.
Read More
China's auto exports are expected to exceed 10 million units this year.
China's auto exports are expected to exceed 10 million units this year.
Recently, the China Association of Automobile Manufacturers (CAAM) released automobile production and sales data for June and H1 2026. In June, production and sales reached 2.76 million and 2.81 million units, up 5.5% and 6.9% MoM, respectively, while down 1.2% and 3.2% YoY, respectively. In H1 2026, cumulative production and sales totaled 14.993 million and 15.017 million units, down 4% and 4.1% YoY, respectively. Looking to H2, CAAM believes that the program of large-scale equipment upgrades and consumer goods trade-ins will continue to be implemented in an orderly manner, auto aftermarket consumption is expected to usher in new growth opportunities, enterprises' new product supply continues to be enriched, market prices remain relatively stable, and the industry's overall economic performance will further improve.
Jul 17, 2026 10:35
[Automotive Conference] Lixin New Materials Invites You to the SMM ASCC2026 (8th) Automotive Supply Chain Conference
Jul 17, 2026 10:25
[Automotive Conference] Lixin New Materials Invites You to the SMM ASCC2026 (8th) Automotive Supply Chain Conference
Read More
[Automotive Conference] Lixin New Materials Invites You to the SMM ASCC2026 (8th) Automotive Supply Chain Conference
[Automotive Conference] Lixin New Materials Invites You to the SMM ASCC2026 (8th) Automotive Supply Chain Conference
Jul 17, 2026 10:25