NEXIC Technology, a company specializing in silicon carbide (SiC) power semiconductors, recently secured several hundred million yuan through its Series B and B+ financing rounds. The round was led by Xinchao Innovation Investment Group and JP Xinchao Capital, subsidiaries of New Trend Group, with participation from ANXIN CAPITAL, Clory Ventures, Great Filter Venture, Xinxin Financial Leasing, and other institutions. Existing shareholders Bluerun Ventures and Zoo Capital also continued to invest in the company.

CEC Capital acted as the exclusive financial advisor in this financing series for NEXIC Technology. 

As a rising star in China's third-generation semiconductor industry, NEXIC Technology has garnered significant attention from the industry and capital markets since its establishment in 2020. Over the past two years, it has successfully completed several rounds of financing, gaining recognition from renowned semiconductor industry investors and benefiting from abundant industry relationships and resources. The raised funds will be utilized to optimize design and process platforms, enhance product technology barriers, expand operations, explore new markets, and establish itself as a leading domestic manufacturer of silicon carbide power devices.

NEXIC Technology's Founder and CEO, Wang Zhe, commented, "CEC Capital's project team demonstrated exceptional professionalism and dedication in this collaboration. Their extensive transaction experience and expertise in the semiconductor field efficiently facilitated the smooth progress of this financing. We appreciate CEC Capital's support and look forward to continuing our partnership to create even greater value in the future."