Recently, Suzhou Xizhi Technology. Co., Ltd. ("XiZ-Tech.), a leading global manufacturer of automotive-grade power module and modular power products, announced the completion of its third round of nearly hundred million yuan strategic financing. The funds will primarily be used to accelerate product research and development, procure equipment, and support rapid scaling to meet customer demand.

XiZ-Tech. is an advanced materials and power electronics application technology company, covering product development, manufacturing, and business capabilities. Its current product focus lies in the innovative field of power module and modular power encapsulation for smart electric vehicles and clean energy. With branches in Suzhou and Shanghai, the company has nearly 200 employees, with nearly 50 holding master's degrees or above. It possesses the most advanced automotive-grade encapsulation production line and performance testing (including system-level), reliability testing, and failure analysis laboratories in China.

This round of financing was jointly led by Huaxu Fund and Jianfa Emerging Investment, with follow-up investments from Sunway Microsystems and Rongzhichip. To date, XiZ-Tech. has completed three rounds of financing totaling nearly two billion yuan within one and a half years of offical operation. Its investors include several top semiconductor industry funds, leading automotive manufacturers, new forces, and core upstream and downstream resources. Flowdeep Capital continues to serve as the exclusive financial advisor to XiZ Tech., demonstrating profound industry and capital insights and assisting the company in introducing the most suitable strategic directions and investors. XiZ Tech. will continue to collaborate with them moving forward.

The lead investors in this round, Huaxu Capital and Jianfa Emerging, stated:


Huaxu Fund focuses on areas such as semiconductors, new energy, and digitization. Its main investors include well-known enterprises, parent funds, financial institutions, etc., forming a multi-party ecosystem through industrial empowerment. The third-generation semiconductor is one of the fund's key investment directions. SiC, with its higher withstand voltage, faster switching speed, lower loss, and higher power density compared to silicon-based materials, will inevitably play an important role in the prosperous fields of new energy generation and transmission, high-performance electric vehicles, etc. The next-generation power module encapsulation design and process technology that can fully leverage SiC's advantages are crucial for the future development of the SiC industry. The XiZ Tech. team has comprehensive and rich capabilities in power module product definition, development design, and process, with keen strategic insights and strong execution. Huaxu looks forward to the company team staying true to their original aspiration, continuously improving product iteration and market promotion, deepening upstream and downstream cooperation, and becoming a leading enterprise in the next generation of power modules.


Jianfa Emerging Investment is a professional equity asset management institution under Jianfa Group (Fortune Global 500), focusing on new economic fields such as medical health, advanced manufacturing, TMT/consumer, etc. The application of the new generation material system represented by SiC in smart electric vehicles and new energy is driving the restructuring of materials and processes in the power semiconductor encapsulation stage. Meeting the pain points of downstream applications through encapsulation that achieves miniaturization, high reliability, and customization is crucial. The XiZ Tech. team is highly committed to corporate mission, culture, and values, with entrepreneurial spirit and innovation genes, strong industry integration capabilities, positive development capabilities, and deep understanding of application scenarios. Jianfa Emerging Investment looks forward to accompanying the company in its growth journey and contributing greater value to relevant industries.