Geoforce Chip Completes Round A Financing
Geoforce Chip, a Chinese chip design company in the consumer electronics field, announced on Wednesday that it had completed an A round of financing worth nearly 100 million yuan. Investors in this round of financing include Zheko Investment, Qianhai Cathay Pacific Fund, Yingdong Capital, Yanmucao Investment, and other well-known institutions.
Founded in June 2019 with a registered capital of 10.52 million yuan ($1.7 million), Geoforce focuses on semiconductor integrated circuits such as consumer electronics chips, information security chips, NFC/RF chips and 5G fields.
The main products of the company include chips for a variety of applications, including fast-charging, intelligent audio, power management, NFC (near-field communication) and many others. Up to now, Geoforce has shipped more than 200 million chips of various types and built stable relationships with many core customers in the industry.
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Wang Min, the founder of Geoforce, has a double bachelor’s degree in electronics and economics from Peking University and an EMBA master’s degree from the China Europe International Business School. He has been selected to be a part of China’s National “Ten Thousand Talents Program”. The core founding team of Geoforce has a vast amount of entrepreneurial and management experience in the chip industry as well as more than 10 years of experience in chip design and product development.
