SAIC Capital

SAIC Capital Company Limited is a venture capital firm and the investment arm of SAIC Motor Corporation, established in 2011 and based in Shanghai, China. The firm focuses on early-stage and growth capital investments primarily within the automotive sector, with particular emphasis on new energy vehicles, intelligent connected vehicles, automotive electronics, and key equipment. Its investment strategy encompasses various aspects of automobile technology, including energy-saving innovations, vehicle lightweighting, and safety enhancements. Additionally, SAIC Capital is interested in emerging industries such as high-end manufacturing, information technology, and bioindustry. The firm also engages in fund of funds investments, targeting projects aligned with national industrial development strategies. By leveraging its expertise in automotive technology and asset management, SAIC Capital aims to create value for both the SAIC Group and its investors while supporting the transformation of the automotive industry.

Joe Walkush

EVP

Gordon Wan

Partner

Past deals in Semiconductor

Thinktech

Venture Round in 2022
Developer of security systems and related chips intended to serve the automobile industry. The company's main business covers the design and development of automotive semiconductor chips and product applications. It focuses on the intelligent networked automotive industry, providing Internet of vehicles (IoV) enterprises with semiconductor chip products and solutions.

Qixin Micro Semiconductor

Venture Round in 2021
Suzhou Qixin Micro Semiconductor Co., Ltd. was established in October 2020. Based on the ARM Cortex M4, M7 and other series of architectures, it will build high-performance and high-reliability system-on-chips for different automotive application scenarios, and develop high-end smart car controller chips. Through the use of self-developed IP, unique multi-core lock-step technologies, and the unique Six Sigma analog circuit design process for automotive-standard chips, a full series of product families covering safety standards ISO26262 ASIL-B to ASIL-D have been designed. The company's products all meet the automotive regulations AEC-Q100, functional safety standard ISO26262 and various automotive regulations reliability tests, and can be widely used in the fields of body, automotive instrumentation, safety, power, battery management and other fields. The company is mainly engaged in the research and development and sales of high-end automotive controller chips. The goal is to fill the gap in the domestic new generation of intelligent networked automotive controller chips, and is committed to becoming a leading manufacturer in the field of automotive and industrial controllers in China.

GTA Semiconductor

Venture Round in 2021
Jita Semiconductor is a semiconductor chip developer focusing on the R&D and design of integrated circuit related technologies. Its main products include power devices, power management, sensor chips, etc., which are widely used in industrial control, automotive, electricity, energy and other fields.

Eswin

Series C in 2021
Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.

Thinktech

Series A in 2021
Developer of security systems and related chips intended to serve the automobile industry. The company's main business covers the design and development of automotive semiconductor chips and product applications. It focuses on the intelligent networked automotive industry, providing Internet of vehicles (IoV) enterprises with semiconductor chip products and solutions.

Hestia Power

Series A in 2021
Developer of silicon carbide (SiC) and gallium nitride (GaN) semiconductor power devices. The company develops power semiconductors, wide-bandgap semiconductors, MOS tubes, and integrated circuits that utilizes SiC and GaN materials, enabling automobile enterprises, high-speed rail industry, aerospace industry to improve their technology and electronics.

ChipON

Series B in 2021
ChipON is a high-tech enterprise specializing in the research and development of reliable and high-quality microcontroller units (MCUs) and digital signal processors (DSPs). The company focuses on 8-bit and 32-bit architectures, utilizing its proprietary KungFu core technology. ChipON has successfully delivered a range of products tailored for various applications, including automotive, industrial, and communication sectors. In addition to its chip offerings, ChipON provides an integrated development environment and programming software, as well as simulation tools that support the entire design and development process. This comprehensive approach allows clients to achieve superior system performance and stability in their applications.

Savari

Series B in 2018
Savari, Inc. specializes in developing advanced software and hardware sensor solutions that enhance vehicle connectivity for automotive manufacturers, the aftermarket, smart cities, and pedestrians. The company focuses on vehicle-to-everything (V2X) technology, enabling vehicles to communicate with other vehicles, infrastructure, and devices such as smartphones. This technology is essential for achieving higher levels of vehicle automation. Savari offers various products, including V2X middleware, applications, roadside units, and onboard units. With over 150 man-years of experience in V2X research and development, the company conducts extensive public testing, accumulating over 15 million miles annually. Founded in 2011 and headquartered in Santa Clara, California, Savari has regional offices in Detroit, Munich, Seoul, Shanghai, and a research and development facility in Bengaluru, India.

Savari

Series A in 2016
Savari, Inc. specializes in developing advanced software and hardware sensor solutions that enhance vehicle connectivity for automotive manufacturers, the aftermarket, smart cities, and pedestrians. The company focuses on vehicle-to-everything (V2X) technology, enabling vehicles to communicate with other vehicles, infrastructure, and devices such as smartphones. This technology is essential for achieving higher levels of vehicle automation. Savari offers various products, including V2X middleware, applications, roadside units, and onboard units. With over 150 man-years of experience in V2X research and development, the company conducts extensive public testing, accumulating over 15 million miles annually. Founded in 2011 and headquartered in Santa Clara, California, Savari has regional offices in Detroit, Munich, Seoul, Shanghai, and a research and development facility in Bengaluru, India.

SDC Materials

Series D in 2015
SDCmaterials, Inc is a privately held company that was founded in 2004 with a vision centered on Revolutionizing Materials Engineering. Their corporate mission is to create novel, high value, nano‐enhanced products that are easily integrated into Their customers’ manufacturing processes. The company’s primary focus is emission control catalyst ingredients for the automobile industry. SDC has developed proprietary catalytic materials fabrication and integration processes that are enabling step‐function improvements in the performance efficiencies of the underlying precious metals that are key to emissions control.

SES

Series B in 2015
SolidEnergy Systems Corp. specializes in the development and manufacturing of rechargeable lithium metal batteries, targeting applications in drones, wearables, smartphones, and electric vehicles. Founded in 2012 and located in Woburn, Massachusetts, the company operates at a pilot scale to produce rechargeable cells for prototype demonstrations and niche aerospace markets. SolidEnergy's core innovation lies in the materials it provides, specifically anodes and electrolytes, which are designed for integration with existing lithium-ion cell manufacturing processes. This compatibility enables the company to scale its production without the need for significant investment in new infrastructure. By supplying these materials to major lithium-ion cell manufacturers, SolidEnergy facilitates the creation of customized battery solutions for a variety of applications, positioning itself for growth in the mainstream consumer electronics and electric vehicle markets.

Nanosys

Series B in 2003
Nanosys, Inc. specializes in developing and manufacturing quantum dot technology to enhance high-definition viewing experiences in the display industry. Founded in 2001 and based in Milpitas, California, the company offers a range of products, including Quantum Dot Concentrate material, quantum dot nanomaterials, and Quantum Dot Enhancement films. These products improve color performance and brightness in a variety of consumer electronics, such as tablets, televisions, smartphones, and automotive interiors. Nanosys' quantum dot technology is compatible with various display types, including LED-LCDs, OLEDs, and micro-LEDs, and has been integrated into over 20 million devices across more than 400 unique products. The company also explores applications of its nanotechnology in areas beyond displays, such as agriculture.
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