LeapFive Technology Completes Hundred-Million-Level Series A Financing

 

 

On April 8th, 2023, LeapFive Technology officially announced the completion of its Hundred-Million-Level Series A financing. The round was led by Huajin Capital, with follow-on investments from Da Heng Qin, Zhuhai Science and Technology Venture Capital, Jingcheng Capital, and Shaanxi Investment Group, among others. This is an important milestone in the development history of LeapFive Technology and an important support for LeapFive to continue growth and development.

LeapFive Technology is committed to the high-end chip design and core software technology development based on the RISC-V architecture, to address the supply chain security and application ecology of the underlying core chip platform in important industrial fields that are closely related to national economy and people’s livelihood in China, and to build a new generation of autonomous and controllable intelligent industrial Internet of Things (IIoT) basic system from the edge to the cloud. The company develops a full range of products with independent intellectual property rights based on RISC-V, including the Wi-Fi + BLE dual-mode chip BF2 and the edge computing application processor chip NB2. It also created the “Three Horizontal, One Vertical, One Platform” product competition strategy, providing full-stack basic intelligent software services from operating systems to cloud platforms, covering low-power to high-performance applications.

Focusing on carbon peak, LeapFive Technology is committed to anchoring the energy Internet scenario, designing chips with open-source RISC-V technology, and using it as a platform to implement equipment products for various source-grid-load-storage applications, such as electric power edge computing, terminal monitoring and demand response, carbon tracking and trading, and important asset management and tracking. LeapFive Technology has been working closely with industry leaders in smart energy and smart logistics to provide autonomous and controllable trusted chip technology for trillion-level intelligent power grids and logistics.

Under the leadership of Dr. Aglaia Kong, the CEO and CTO of the company, LeapFive Technology has been developing rapidly. Recently, it has won the honorary title of “First Prize of Power Science and Technology Progress Award,” which is a recognition and encouragement for the technological achievements of LeapFive Technology.

LeapFive Technology will continue to build a new generation of full-stack, intelligent, efficient and flexible independent chip application platform system for industrial IOT and high-performance computing based on RISC-V chip and software technology, as well as to provide the underlying support from chip to platform for key infrastructure industry applications such as smart energy, smart logistics, smart cities and smart manufacturing, contributing to China’s digital economy and “double carbon” cause.

After the completion of this round of financing, LeapFive Technology will continue to strengthen its R&D team, market development and promotion team, iterate on the existing products and expand the application scenarios, increase the market share of its products in the niche market, strengthen the brand of LeapFive Technology, and contribute to the high-quality development of the company. We will continue to strengthen our R&D team and expand the market share of our products in the niche market and strengthen our brand building and contribute to our high-quality development.

We, the team of LeapFive Technology, will not forget our original aspirations, keep forging ahead, and work together to win the future of “chip”!