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Shenzhen Xincan Technology raises $14.9M in Series A led by iFlytek Ventures for its capacitive touch chips.

PRIVATEAug 24, 2026about 5 hours ago

Amount Raised

$14.9 Million

Round Type

Series A

ShenzhenManufacturingAutomotive

Investors

Guoyuan FundChuanggu CapitalUstc Silicon ValleyXingtai CapitalHefei High Tech InvestmentI Flytek Ventures

Description

Shenzhen Xincan Technology has completed a Series A funding round, securing 100 million CNY (approximately $14.9 million). The funding, announced in August 2026, was led by iFlytek Ventures. State-owned investors from Anhui province and Hefei city also participated. This investment highlights a push to enhance China's semiconductor industry.

Company Information

Company

Shenzhen Xincan Technology

Location

Shenzhen, Guangdong, China

About

Xincan develops capacitive touch chips. It supplies full-size capacitive touch and OLED display driver chips, along with related solutions.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Shenzhen Xincan Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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