On February 4th, Guibu Microelectronics announced a new funding round. This marks the second strategic financing completed by Guibu Microelectronics within just two months. In 2021, ZhenFund led the seed round in Guibu Microelectronics.
Guibu Microelectronics specializes in providing next-generation 77GHz and other 4D millimeter-wave radar chips for intelligent driving applications. Its products include high-performance multi-channel single-chip 4D radar transceiver chips and highly integrated corner radar SOC chips, with industry-leading chip performance. Currently, these chips are in the phase of transitioning from prototypes to mass production.
The proceeds from this round of financing will primarily be used to accelerate the mass production of chips, recruit talent, and expand market reach.