China’s IoT Chip Developer EIGNCOMM Raised ¥100 Million in a Series A Round Funding Led by Vertex Ventures

China’s IoT Chip Developer EIGNCOMM Raised ¥100 Million in a Series A Round Funding Led by Vertex Ventures

China’s IoT chip developer EIGNCOMM raised ¥100 million in a series A round Funding Led by Vertex Ventures and followed by Shenzhen Capital Group, Fiberhome, Spinnotec, and Chordcap. The investment will be used on product R&D and production.

Established in2017, EIGNCOMM focuses on R&D and sales of celluar IoT chips. Its core technologies and IP include algorithm&infrastructure, RFID, base band, SoC, protocol stack, platform& applied software, and hardware solution. It provides customers with one stop turnkey solutions and service .