Recently, Big Fish Semiconductor completed the A round of financing, and the investor is Lancome Capital.

Editor’s note: This article is from WeChat public account “Everyday IC” (ID: laoyaoic ), the author is small.

Set micro-network news, recently, Big Fish Semiconductor completed the A round of financing, the investor is Lancome Capital.

Split from Xiaomi Group,

Image Source: Sky Eye View

In April of this year, Xiaomi Group Organization Department released an organizational structure adjustment email, disclosed that in order to coordinate with the company’s AioT strategy to accelerate the development of the chip research and development business, Xiaomi’s wholly-owned subsidiary Songguo Electronics team reorganized. Some of the teams split up and formed a new company, Nanjing Big Fish Semiconductor, and began independent financing.

After this adjustment, Nanjing Big Fish Semiconductor will focus on the research and development of AI and IoT chips and solutions in the semiconductor field, and Songguo will continue to focus on mobile phone SoC chips and AI chip development.

The data shows that Songguo Electronics was established in 2014 and is a wholly-owned subsidiary of Xiaomi, mainly engaged in the research and development of semiconductor chips. On February 28, 2017, Xiaomi released the S1 chip, becoming the fourth mobile phone brand in the world with the R&D capability of mobile phone SoC chips.

In April of this year, Lei Jun, chairman and CEO of Xiaomi Group, said that Xiaomi gave the big fish team a controlling position and encouraged independent financing. It is the latest exploration of Xiaomi’s continuous development into the deep water area in the field of R&D technology investment. In addition to the big fish “supporting the horse, sending a ride”, for chip development, Xiaomi will continue to invest more, more, and longer in more dimensions.