Neuron Network closes RMB63.50m Series A round

On July 15, Neuron Network completed its Series A round of financing, raising 63.50 million yuan. The post-investment of the company valuation reached 500 million yuan.

On July 15, Neuron Network completed its Series A round of financing, raising 63.50 million yuan. The post-investment of the company valuation reached 500 million yuan.

Neuron Network specializes in the design and development of broadband network chips. The company’s products have industrial field communication protocol and networked real-time control, enabling applications such as smart cities, industrial robots, and autonomous driving.

The core chip technology mastered by Neuron Network is based on the world’s first all-IP international broadband bus AUTBUS standard, and successfully obtained the IEC international standard project last year.

This was also another international standard obtained by China’s industrial control field since 2011.

The product has been widely used in petrochemical industry, smart cars, smart factories, industrial instruments and meters, industrial robots, rail transportation, smart cities, engineering equipment and other fields to achieve high-bandwidth, high real-time and high reliability bus data transmission.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/07/20/neuron-network-closes-rmb63-50m-series-a-round/.

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