Recently, Xintianxia, a leading domestic provider of independent storage chip solutions, announced that it has completed a Series A round of financing worth 60 million yuan from Shenzhen Venture Capital. The funds raised will primarily be used for the independent development of its SPI NOR product line.
Currently, Xintianxia has established an independent R&D center in Nanshan Science and Technology Park, Shenzhen, focusing on the autonomous research and development of storage chips to continuously enhance the company's core competitiveness.