
By Kate Yuan
Chinese semiconductor companies completed more than 680 financing deals in 2022, raising over RMB117 billion ($16.95 billion), up 19% and 6% year on year, respectively, JW Insights reported on December 31, 2022.
The money raised in a single deal ranged mostly from RMB100 million ($14.49 million) to RMB500 million ($72.45 million) in 2022, followed by below RMB100 million. More than 10 offers exceeded RMB1 billion ($144.9 million). The fourth quarter saw the lowest amounts of financing deals and money.
Series A round accounted for the highest proportion among all the disclosed cases, followed by B round. C round and above accounted for more than 16%.
More than half of the companies involved were established less than five years, and about 13% were more than 10 years old.
Jiangsu (24%), Guangdong (23%), and Shanghai (18%) attracted the most number of deals, accounting for up to 65%, and Beijing and Zhejiang were in the second tier. Suzhou, Shenzhen, Shanghai, Beijing, and Hangzhou were popular cities for financing.
More than 280 institutional investors invested in multiple semiconductor companies in 2022. Addor Capital (毅达资本), China Fortune-Tech Capital (中芯聚源), Shenzhen Capital Group (深创投), Walden International (华登国际) and Suzhou Oriza Holdings (元禾璞华) were the most active ones.
The third-generation semiconductor, EDA, MCU, power semiconductor, and memory chip were quite popular among all the sectors.
CanSemi (粤芯半导体), Vital Thin Film Materials (先导薄膜) and Eswin (奕斯伟材料) raised the most amount of financing, reaching RMB4.5 billion ($653.85), RMB4.5 billion ($653.85), RMB4 billion ($581.2), respectively.
RELATED
-
Eastern China's Anhui Province completes registration of RMB12.5 billion fund for investing in next-generation information technology
06-07 14:24 -
JiWei Investment and Financing Forum explores strategies to navigate the declining semiconductor investment in China
06-06 17:55 -
Pandaily: China's tech giant Tencent invests in AI startup MiniMax to support large-scale AI model development
06-06 15:43
READ MOST
-
Yicai Global: Chinese auto maker GWM bets on its Haval brand’s electrification transition to compete with rival BYD
962405-19 18:47 -
JW Insights: Chinese semiconductor upstream supply chain manufacturers are racing to enter mature process market as semiconductor decoupling deepens
938305-12 14:10 -
Yicai Global: Shanghai’s Zhangjiang Science City aims to be a world-class high-end medical robotics hub
933805-12 16:52 -
Chinese smartphone giant OPPO is to close its chip design unit ZEKU
926905-12 16:52 -
Chinese leading chipmaker SMIC posts $1.4623 billion revenue in Q1
901405-12 18:07