Xinhuazhang, a domestic EDA manufacturer, has been highly sought after by capital and has completed six rounds of financing in less than a year and a half.

Following the completion of hundreds of millions of yuan A + round financing in January this year, domestic EDA manufacturer Xinhuazhang Technology Co., Ltd. (hereinafter referred to as "Xinhuazhang") recently completed another round of over 100 million yuan financing.

Core Huazhang announced today that it has completed more than 400 million yuan of Pre-B round financing, led by Yunfeng Fund, with the participation of Matrix Partners China and Procapital (its State Development equipment Fund). Tianyan survey shows that from August 2020 to January 2021, Xinhuazhang has completed five rounds of financing, after the completion of this round of financing, the company accumulated financing amount of more than 1.2 billion yuan.

In Pre-B round financing, core Huazhang has shareholders such as Sequoia Broadband Digital Industry Fund, Hillhouse Venture Capital, Banyan Capital, and Da Shu Changqing to continue to follow. The company said that Pre-B round financing will continue to attract global cutting-edge talents to join Xinhuazhang and start the next stage of research and technological innovation in EDA2.0.

What is EDA2.0?

An insider from Xinhuazhang told Science and Technology Innovation Board Daily that the current EDA has been developed for about 30 years, and EDA2.0 is a new generation of integrated circuit design tool for the future, "not only the direction of research, but also the direction of technological and ecological development in the future."

The reporter also learned from Xinhuazhang that the company has completed the first phase of EDA2.0 research and is about to announce the results, which will help to establish the technological path of its research and development of the next generation EDA, improve the overall efficiency of the integrated circuit industry chain, and fully support the future digital development.

It is understood that EDA mainly includes three parts: "analog chip, digital chip verification and digital chip realization". At present, Chinese EDA has made some breakthroughs in the independent innovation of analog and digital implementation, but in the digital chip verification part, although it occupies more than half of the research and development time and cost of chip design, it is still a blank in the field of digital verification tools because of its higher technology intensity.

Core Huazhang was established in March 2020, the company's EDA business is aimed at: domestic technology gap, large market capacity, chip design cost accounts for the highest proportion of digital integrated circuit front-end design and verification field.

For many customers, verification complexity may be the biggest challenge in the project, especially when EDA tools and methodologies have been developed, and it has been some time since the last production, Xin Huazhang said on its website. This is where Xin Huazhang can help.

According to the company's website, Xin Huazhang's verification products will include: hardware simulator, FPGA prototype authentication, intelligent verification, formal verification and logic simulation. In November 2020, the company launched the performance multi-function programmable adaptation solution "smart" (EpicElf), and a new simulation technology that supports domestic computer architecture.

Although the global EDA market is still mainly monopolized by the three major American EDA software manufacturers, Synopsys, Cadence and MentorGraphics, in the past two years, under the tide of independent control and localization, the foundation and importance of EDA in the integrated circuit industry has been highly concerned by people from all walks of life.

In addition to the recent news of financing from domestic EDA companies, some EDA companies have launched an impact on the listing.

In February 2021, Huada Jiutian started tutoring work and planned to go to the gem for listing; in January, Shanghai Securities Regulatory Bureau disclosed the basic information table for the filing of electronic tutoring. The above two companies are professional companies specializing in EDA software development and services, and have gone through many rounds of financing in the primary market and are favored by capital.

In addition, the domestic EDA company Guang Liwei, Guowei Si and Xin also launched the listing counseling one after another. Hua an Securities released a research report that Huada nine days and general electronics and other EDA enterprises have accepted listing guidance one after another, indicating that the state pays more and more attention to EDA and the R & D and design software industry, and the follow-up may concentrate resources to support it. The market will undoubtedly play a greater role, and the industrialization of R & D and design software will certainly accelerate development.