Aiva Tech raises tens of millions of yuan in Pre-A financing round

3D Vision AIOT chip developer Aiva Tech has raised tens of millions yuan in its latest Pre-A round of financing. This round of financing was led by Dingqing Investment. Huang Xueliang, deputy chairman of China Semiconductor Industry Association and chairman of SMiT Group participated.

3D Vision AIOT chip developer Aiva Tech has raised tens of millions yuan in its latest Pre-A round of financing. This round of financing was led by Dingqing Investment. Huang Xueliang, deputy chairman of China Semiconductor Industry Association and chairman of SMiT Group participated.

The proceeds from the fresh funding will be used for 3D vision AI technology series product development and marketing.

The core business of Aiva Tech is based on its independently-developed 3D vision AI special chips, providing one-stop services and modular solutions; its target group is the consumer market, cutting into fields such as smart door locks / access control, security, sweeping robots, new retail , 3D interaction.

As the leading investor in this financing round, Kang Yu, the investment director of Dingqing Investment, believes: “Vision is a big market application in the 5G era. Among them, AI and 3D image chips on the side are important fields of vision applications.

The Aiva team has a rich low power ASIC R&D experience, with a complete algorithm, software and hardware team; its products are close to market needs with outstanding cost performance ratio. we are very optimistic about the potential of the company in its field. “

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/05/14/aiva-tech-raises-tens-of-millions-of-yuan-in-pre-a-financing-round/.

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