Core Insights - Wuxi Chip Domain, a full-stack real-time intelligent control chip design company in the industrial and robotics sector, recently completed an A+ round financing of nearly 100 million yuan, led by Waniu Capital [1] - The funding will primarily be used to accelerate the R&D iteration of core chips, expand production capacity, and deepen market penetration among industrial and robotics clients [1] Company Overview - Founded in 2019, Wuxi Chip Domain focuses on chip R&D in three main areas: industrial control, high-speed interconnection, and heterogeneous computing [1] - The company employs a full-stack real-time control technology route, covering the complete data flow from sensing, transmission, processing to control, providing autonomous and controllable domestic chip solutions for industrial automation, robotics, and automotive electronics [1] Market Context - The demand for real-time communication, high-precision control, and multi-modal data processing in industrial systems has significantly increased due to the Industrial 4.0 and AI waves [2] - The domestic market for industrial Ethernet, PCIe switch chips, DSP chips, and edge computing has been largely dominated by international firms like Texas Instruments, Broadcom, Siemens, and Beckhoff, resulting in a low domestic substitution rate [2] - With increasing international trade frictions, high-end chips face supply disruptions and price surges, necessitating the need for chips with independent intellectual property rights for domestic replacement [2] Product Development - Wuxi Chip Domain has developed three core product lines: PCIe switch chips, industrial Ethernet chips, and real-time intelligent computing chips [2] - The PCIe 3.0 switch chip has achieved mass delivery, while the company is advancing the development of versions 4.0 and 5.0 [2] - The industrial Ethernet chip supports various mainstream industrial real-time Ethernet networks, including PowerLink, Profibus, EtherCAT, and Profinet, utilizing software-defined networking core technology [2] Technical Achievements - The company has achieved mass customer import for EtherCAT slave chips and has independently designed products compatible with mainstream industry chip functionalities, breaking through the barriers of the non-open PROFINET protocol [3] - In the DSP chip sector, products like XP6000 and XP6746 are designed to compete with TI's C2000 and C6000 series, showcasing differentiated performance in real-time signal processing, AI inference, and motor control [3] - The company is developing ultra-heterogeneous real-time intelligent control chips that integrate real-time communication, computation, and intelligent processing, applicable in smart factories, intelligent driving, and embodied intelligence [3] Market Penetration - Wuxi Chip Domain has achieved mass production and commercialization of multiple chips, with sales revenue expected to reach several tens of millions in 2024 [4] - The customer base includes leading companies in industrial control and several innovative robotics firms, with its EtherCAT chip entering mass delivery after passing tests from multiple embodied intelligence enterprises [4] Team and Recognition - The team includes several core technical members from the "Shenwei Processor" national high-performance computing project, with the founder and chairman having over 20 years of experience in integrated circuit design [4] - The company has established a "Heterogeneous High-Performance and High-Speed Interconnection Technology R&D Center" with support from Wuxi City and has obtained multiple patents and software copyrights [4] Investor Perspectives - Waniu Capital emphasizes that the focus of Wuxi Chip Domain is shifting from "technical breakthroughs" to "scene value verification," aligning with their investment direction [6] - The company’s strong technical foundation and iterative R&D capabilities allow it to maintain breakthroughs and find business growth opportunities in a competitive market [6]