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Chuangxin Huilian, an “expert” in all-scenario communication chips, specializes in Ruiwei Vision for in-vehicle head-up displays (HUD)
Junjun Future, which independently researches and develops domestic artificial blood
Patna, which has devoted itself to the field of construction robots
Yuanxing Intelligent Manufacturing, which focuses on multiple and multi-omics breakthroughs in space
Recently, the new district has been receiving frequent good news in the capital market. Five innovative enterprises have successively announced good news about financing
Capital serves as the barometer of regional economic development. Behind each round of financing lies not only the growth and breakthrough of an enterprise but also the reflection of a region’s industrial ecosystem and innovation capabilities. How will the new financing help enterprises advance? What powerful “black” technologies are behind it?
01
Even a regular windshield can have a HUD
On December 2nd, Nanjing Ruiweishi Technology Co., LTD. (referred to as “Ruiweishi”) announced that it had completed a B-round financing of tens of millions of yuan. The core of the story is a breakthrough called “Parallel Vector Ghosting Technology” (PV technology), which directly targets a high-cost pain point in the upgrade of automotive intelligent cockpits – the in-vehicle head-up display (HUD) system.
HUD projects driving information such as speed, speed limit and navigation onto the front windshield like in a science fiction movie while driving, allowing you to keep track of all the situations without leaving the road. However, to achieve this, the traditional solution is costly. It requires pasting a customized “wedge-shaped film” on the front windshield to achieve a clear and glow-free projection, which directly increases the overall cost of the vehicle.
Deng Yuanbo, the founder of Ruiwei Vision, is a scientist who graduated from the Centre for Advanced Optoelectronics at the University of Cambridge. He led his team to innovatively develop PV technology, which can achieve high-quality, gap-free projection on ordinary windshields, thus breaking away from the industry’s reliance on high-cost “wedge-shaped films”.
More importantly, this means that this technology, which enhances driving safety and a sense of technology, is expected to move from high-end models into ordinary households. The greater imagination lies in that when the cost constraint is broken, the stage of HUD will expand from automobiles to all scenarios such as industry and consumer electronics, and a brand-new intelligent display ecosystem is brewing.
The leading investor, Lanpu Capital, is precisely attracted by this “breakthrough” potential. “We are optimistic about the key position of HUD in the intelligent vehicle industry chain.” The Ruiwei Vision team, with its profound optical accumulation from Cambridge and its original parallel vector gap-free technology, has precisely addressed the core pain points of cost and popularization of experience in the industry. A relevant person in charge of Lanpu Capital said.
02
A young scientist from Nanjing University independently developed “human blood production”
Almost at the same time, another key industry in the new district, the biopharmaceutical industry enterprise – Junjun Future (Jiangsu) Biopharmaceutical Co., LTD. (referred to as “Junjun Future”), announced the completion of a tens-of-millions-yuan angel + round of financing.
The trajectory of the company’s founder, Cheng Yuhao, is quite representative: he won the first prize in the National Chemistry competition and was directly recommended to Nanjing University, entered the “Top Talent Program”, and directly pursued a Doctor of Pharmacy degree. His entrepreneurial journey grew from the bottles and jars in the laboratory.
The core direction of the team is medical fluorocarbons. This type of substance possesses unique inertness and dissolved oxygen properties, capable of carrying a large amount of oxygen. It can be widely used in the treatment of various injuries and inflammations related to hypoxia and oxidative stress, as well as for temporary filling, protection and lubrication of organs and tissues. It is a key core raw material for the composition of artificial blood, artificial tears and high-end medical devices.
However, its synthesis technology has extremely high barriers and has long relied on imports.
The team led by Cheng Yuhao is precisely working on this kind of “bottleneck” high-purity fluorocarbon raw material drug. This round of financing will directly drive the completion and commissioning of multiple production lines, accelerating the satisfaction of domestic and international demands for the research and development and supply of related raw materials, eye drops, artificial blood and other products.
From a drop of “human blood” to a bottle of “artificial tears”, they are using independent research and development to build a new defense line for life and health.
03
An expert in mobile communication chips, with over 100 million yuan in financing in place
Integrated circuits are one of the emerging industries that Jiangbei New Area focuses on developing. Recently, good news has come from this field – Nanjing Chuangxin Huilian Technology Co., LTD. (referred to as “Chuangxin Huilian”), which specializes in the research and development of mobile communication chips, announced that it has completed a D-round financing of over 100 million yuan.
Founded in 2019, Chuangxin Huilian, despite its short development history, boasts outstanding technological capabilities. The company has now become a national-level “Little Giant” in specialized, refined, distinctive and innovative fields. Based on its self-developed chip architecture, the company’s product line spans satellite communication, ground cellular, Internet of Things and base station chips, aiming to provide one-stop communication “chip” solutions for thousands of industries.
At present, the company has achieved mass production of six types of chips and has been recognized by many leading customers such as China Mobile, firmly maintaining its leading position in the industry. Its technical strength is evident in its star products:
“Firefly 200” is a low-orbit satellite terminal direct connection communication chip jointly developed with the leading enterprise in the chain. Based on the RISC-V architecture, it achieves comprehensive leadership in volume, power consumption and performance with ultra-high integration and has been mass-produced and shipped. What is even more worth mentioning is that it can also rapidly empower cutting-edge fields such as low-altitude economy, smart cars, and AR/VR through software-defined radio (SDR) technology.
“Yinghuo 620” is a “bestseller” in the field of ground iot chips. With its performance advantages, it has achieved a shipment milestone of over ten million units.
From the ground to the starry sky, Chuangxin Huilian is weaving an intelligent connection network covering everything with one “Chinese core” after another. This new round of financing is precisely the new support for the company’s battle in the all-scenario communication field and will be used for the large-scale shipment of multiple products and future product iterations.
04
The construction robot is an “AI master”
Dust is flying from construction sites, and the aging and shortage of the labor force have become global problems. Peitner (Nanjing) Robotics Technology Co., LTD. (referred to as “Peitner”), established in 2023, has sensed A huge intelligent opportunity in this field and recently completed tens of millions of yuan in Series A financing.
The background of this company is extraordinary. Its founder, Wang Kecheng, was once the CEO of Bozhilin Robotics, known as the “cradle of China’s construction robots”. The core team of the company has profound experience in research and development as well as commercialization. They do not make robots that show off their skills; they only target the most “dangerous, complex, dirty and heavy” links on construction sites.
At present, the company has launched two main products. Among them, the floor tile-laying robot has a construction efficiency 5 to 6 times that of manual labor, with a low hollowing rate and stable quality. The intelligent layout robot, with an accuracy of ±2 millimeters, has efficiently completed the large-scale pattern drawing for Singapore’s National Day celebration.
Their secret lies in the synergy between the “brain” and the “cerebellum” : the “brain” is responsible for overall planning and intelligent decision-making, while the “cerebellum” controls precise movement and real-time adjustment. This turns the robot from a clumsy mechanical arm into an “AI master” capable of adapting to complex on-site environments.
At present, its overseas orders have exceeded 10 million yuan, which proves the competitiveness of its technology in the global market.
05
Rooted in the new district, innovative enterprises have newly obtained financing
Recently, Nanjing Yuanxing Intelligent Manufacturing Technology Co., LTD. (referred to as “Yuanxing Intelligent Manufacturing”), an upstream innovation company in life sciences in the new district, announced that it has completed a Pre-A round of financing worth tens of millions of yuan. This fund will be used for the technological iteration of the fully automatic spatial omics products of Yuanxing Intelligent Manufacturing and the production and implementation in the Biomedical Valley of the new district.
Yuanxing Intelligent Manufacturing was established in 2023 and is a provider of comprehensive solutions for multiple and multi-omics Spaces. The new product released by the company this year is currently the world’s only ultra-high weight space multi-omics solution, and its core parameters are all at the international advanced level.
At present, the company has received repeat purchase orders from internationally renowned institutions such as Astrazeneca, Pfizer, and Novo Nordisk, and is also the sole global designated provider of ultra-high weight solutions for Zeiss Space omics products from Germany.
Five enterprises are comprehensively targeting hard-core fields – intelligent vehicles, biomedicine, integrated circuits, and construction robots. The commonalities behind them all aim at innovation and directly address pain points.
The flow of capital serves as a barometer of industrial vitality. These rounds of financing that have “arrived” are yet another “vote of confidence” in the technological innovation of the Greater Jiangbei region. We all look forward to more good news coming from here.
