Recently, Pudong Leading District Fund, a subsidiary of Pudong Venture Capital Group, has announced the successful completion of a Series A investment of nearly RMB 1 billion in Shanghai Hevision Industrial Software Group Co., Ltd. (hereinafter referred to as "Hevision"), a pioneering domestic digital EDA enterprise.

This funding round garnered the participation of numerous prominent investment institutions, including SAIC Motor's Shangqi Capital, IDG Capital, Guoke Investment, China Automotive Chip Alliance, Feixiang Capital, and GAC Capital. Additionally, existing shareholders such as Wu Yuefeng Science and Technology Innovation and Mulan Investment further increased their investments.

Hevision's robust shareholder base and technical prowess in the EDA domain have positioned it as a formidable player in the highly competitive market.

The Series A investment will bolster Hevision's growth, enabling it to expand its footprint and drive the advancement of the domestic EDA industry.

About Hevision

Established in May 2020, Hevision is headquartered in Zhangjiang, Shanghai, and specializes in the research and development of domestic high-performance industrial software and solutions.

The founding team of Hevision comprises experts from international EDA giants. Since its inception, Hevision has assembled a team led by globally renowned EDA experts such as Co-President Guo Lifu and CTO He Peixin, attracting numerous senior EDA scientists and continuously recruiting R&D talents from both domestic and international markets.

Currently, the company boasts over 1,100 employees, with the technical team comprising up to 85% of the total workforce. It houses a substantial number of international EDA experts and seasoned industry professionals.

Focusing on the EDA sector, Hevision has expanded its product line from a single product to over twenty, evolving from a single verification product line to a comprehensive defensive matrix encompassing "IP + system-level + digital chip EDA." Notably, its full-scenario verification platform addresses the gap in domestic hardware simulation accelerator products and has garnered widespread recognition from leading chip design companies.

In the realm of chip-level EDA, Hevision has pioneered the launch of an EDA full-flow platform tool for digital chip verification, while also expanding its design for testability (DFT) products in the digital implementation domain. Its product portfolio spans multiple areas, including new hardware platforms for digital verification, full-flow DFT tools, PCB board-level design tools, and high-speed interface IP solutions.

In system-level EDA, Hevision's offerings encompass PCB design, collaborative design platforms for electronic systems and advanced packaging, as well as design and R&D management platforms.

In the high-performance IP sector, Hevision currently provides multiple IP products, including UniVista UCIe IP, a pivotal UCIe solution for advanced packaging chiplet integration, and UniVista HBM3/E IP, a comprehensive domestic memory interface solution. Hevision's high-speed interface IP solutions have achieved breakthroughs in domestic technology, fostering performance advancements and spurring the explosive growth of high-performance computing chips in domains such as intelligent computing, HPC, communications, autonomous driving, and industrial IoT.

Prior to this round, Hevision had completed two funding rounds, raising a cumulative total of nearly RMB 3 billion. Specifically, the Series A funding in 2021 surpassed RMB 1.7 billion, supported by multiple renowned institutions, while the Pre-A funding exceeded RMB 1.1 billion, with the entry of prominent institutions like Tencent and SAIC Motor, along with follow-up investments from existing shareholders.

Hevision underscores that amidst the wave of the intelligent computing era, it provides a solid foundation for the design of domestic intelligent computing chips through its "EDA + IP + system-level" integrated solution. Looking ahead, grounded in independent innovation and industrial chain collaboration, Hevision will persist in developing and refining intelligent computing tools, thereby contributing to the enhancement of the core competitiveness of domestic intelligent computing chips.