Shenzhen CXW Technology., Co Ltd
15 years of experience
Company news
CXW completed a round B financing of 50 million RMB
June 06, 2021

Recently, CXW Technology completed a round B financing of 50 million yuan, and this round of financing received investment shares from Investment Holding Donghai and CITIC Construction, as well as Time Bole Investment. Cao Jianlin, founder of CXW Technology, stated that this round of financing will be used to focus on core technology research and development investment, market promotion, and accelerate team building. The funds will mainly be used in the following three areas:


1、 Increase investment in the research and development of vehicle level power management chips to promote the upgrading and technological iteration of the company's products;

2、 Layout brushless motor drive chips, develop cost-effective power chips for smart homes and IoT terminals;

3、 Continue to improve and build a more professional and efficient talent team, and improve the business sector.


Shenzhen CXW Technology Co., Ltd. was established in 2009 and is a leading professional integrated circuit chip design enterprise in the industry. Chengxin Micro Technology is mainly engaged in the design, development, and sales of integrated circuits, and provides system solutions.


At present, we are committed to the development of core chips in the fields of automotive power management, consumer power supply, brushless motor drive, etc., and have obtained over 50 related patent technologies. The company's products are widely used in various fields such as automotive electronics, portable electronics, small household appliances, communication terminals, etc.


Charging Head Network has conducted an exclusive interview with ChengCXW to interpret its comprehensive layout in the 100 billion dollar power chip market. Regarding the development of the fast charging industry in the next 5 years, CXW believes that:


PD fast charging accelerates the promotion of gallium nitride technology, with more streamlined and efficient integration of peripherals, shortening product production cycles, and gradually improving product performance, accelerating product priority to seize the market. In the future, "small green dots" and "small squares" will become the mainstream of fast charging.


USB PD fast charging will move towards higher power fields, challenging more high-power application scenarios and mass production technologies. With the arrival of the 5G era, more household appliances will accelerate the layout of the fast charging market, and will gradually extend to other devices in the lithium battery field, such as new energy vehicles, notebooks, shared power packs, vacuum cleaners, floor sweepers, kettles, juicers, razors, electric toothbrush and other diversified application scenarios, which also bring W limit possibilities and W limit business opportunities.


When I entered the CXW official website, the first thing I saw was the development of MCU microcontroller solutions for personal care products such as electric toothbrushes. It seems that CXW attaches great importance to the application of integrated solutions for small household appliances, and has already laid out its layout in this area (I learned that traditional personal care product solutions use more components, and the independently developed motor drive integrated solution for personal care products by Chengxin Micro has just filled the blank market for integrated solutions in China).


Faced with the prospect of high-power fast charging becoming the next trend in the fast charging market, CXW is always ready to:

CXW Technology stated that on the one hand, it continues to increase research and development investment, especially focusing on laying out the gallium nitride market, and continuously integrating technical resources to enhance its independent research and innovation capabilities; Taking technology as the core, improving product performance, strictly controlling quality, expanding market share, and making breakthroughs in more challenging fields.


On the other hand, in the new year, we will gradually add third and fourth rounds of investment, fully integrate market resources, and prioritize market layout. Therefore, the recent round B financing has come very naturally, indicating that CXW is steadily advancing the established plan.


Facing the future, CXW always adheres to a customer-centric approach, gathers excellent teams, and adheres to long-term investment in core technologies. It has a clear development vision of becoming a global professional automotive power management chip design enterprise, focusing on the industry market, continuously integrating technical resources, continuously enhancing independent research and innovation capabilities, and continuously enhancing core competitiveness.





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