Aoxin Technology Completes Pre-A Round of Financing of Tens of Millions of Yuan

Aoxin Technology has completed tens of millions of yuan in Pre-A round of financing, which was exclusively invested by Xiaomi Industrial Investment. This is another investment made by Xiaomi in the upstream core chip segment of automobiles after it announced its car manufacturing. This round of financing will be used for Aoxin Technology's research and development of in-vehicle network (CAN/Ethernet PHY) series chips. Aoxin Technology was founded in March 2021 and focuses on the design of high-reliability hybrid digital-analog automotive chips. It has now completed two rounds of financing, with investors including Xiaomi Industrial Investment, Walden International, Linxin Capital, Inno Angel, Oufang Angel, etc.