By Li Panpan

(JW Insights) Sep 5 -- There were 37 financing cases in China's semiconductor industry in July of 2023, down by 20% year-on-year and similar to June. The estimated total amount involved was RMB6.9 billion ($949.43 million) in the month, down by 37% year-on-year and 36% month-on-month, according to the recently released JW Insights' China Semiconductor Equity Investment Monthly (July 2023).

There were 269 financing cases from January to July, with a total financing amount of RMB43.8 billion ($6.03 billion). It is estimated that the amount of a single transaction in July is about RMB186 million ($25.59 million).

July's financing cases included 16 cases in IC design sector, accounting for 43% of the total. Six financing cases were in semiconductor materials, accounting for 16% of the total, followed by sensors (five cases) and radio frequencies (four cases). Semiconductor equipment and optoelectronic devices have also received some attention from investors.

Among them, Beijing-based ESWIN, a new-generation computing architecture chip provider in the field of logic chips, raised over RMB3 billion ($411.34 million) in series D round of financing, and became the company with the largest single financing amount in July, said the JW Insights report.

Of the financing cases in July 2023, there were 12 companies in the A round, accounting for 33%; among them, semiconductor equipment companies accounted for 25%, the highest proportion. Six were in B the round, accounting for 16%.

In terms of financing scale in the month, 26 cases publicly disclosed their amounts, and the other eleven cases did not. Among the 26 cases, eight cases had a single financing amount of RMB300 million ($41.28 million) or more, accounting for 22%; ten cases were in the range of RMB100 million ($13.76 million) to RMB300 million ($41.28 million), accounting for 27%; the other eight cases had less than RMB100 million ($13.76 million), accounting for 22%, said the JW Insights report.

Geographically, more than 86% of the companies were located in Beijing (9), Jiangsu Province (7), Zhejiang Province (6), Shanghai (5), and Guangdong Province (5).

The report also introduces the market overview of smartphones & 5G mobile phones, notebook computers, and data center servers, as well as the macro analysis, segment analysis of the financing cases in July, and characteristics of those financed companies and elaborated on investment hotspot events.

JW Insights is the leading Chinese consulting service for the country's semiconductor and ICT industries. The detailed report is available on its official website and app in Chinese (https://laoyaoba.com/bookreport).