GAC Capital invests in China’s IC design fabless EVAS Intelligence’s Pre-A round

Beijing (Gasgoo)- China’s IC design fabless EVAS Intelligence announced the completion of its Pre-A financing round, which raised for the company over 300 million yuan ($41.4 million). 

Photo credit: EVAS Intelligence

The latest round was led by GAC Capital and Oriental Fortune Capital. Upon completion of the Pre-A round, EVAS Intelligence’s cumulative fundraising volume has exceeded 500 million yuan ($68.9 million).

Freshly founded in January 2022, the startup has grown rapidly with a core team of nearly 150 staff members. Leveraging an average of over 15 years of working experience, members of EVAS Intelligence hold comprehensive capabilities from applications, architecture algorithms, software and toolchains, SOC system architecture, chip front-end and back-end implementation, to product mass production.

The startup holds sufficient experience in the core design and know-how of multi-core heterogeneous computing SoC, advanced manufacturing process digital front- and back-end design, video data stream full-chain core IP, and customer support for automakers. 

The company have extensive successful tape-out and mass production experiences on advanced fab node up to 7nm.

Currently, EVAS Intelligence’s headquarters is registered in Guangzhou, with an R&D and operation center in Shanghai, as well as other R&D centers in Guangzhou, Chengdu, Nanjing, and Beijing. According to the startup, it is also planning for an R&D and business layout in Europe and Japan.