When was ZHEJIANG CHITUO TECHNOLOGY founded?

ZHEJIANG CHITUO TECHNOLOGY was founded in 2016 and raised its 1st funding round 7 years after it was founded.

Where is ZHEJIANG CHITUO TECHNOLOGY located?

ZHEJIANG CHITUO TECHNOLOGY is headquartered in Hangzhou, China.

Is ZHEJIANG CHITUO TECHNOLOGY a funded company?

ZHEJIANG CHITUO TECHNOLOGY is a funded company, having raised a total of $***** in its 1st and only funding round, a Series B round on Dec 25, 2023.

When was the latest funding round of ZHEJIANG CHITUO TECHNOLOGY?

ZHEJIANG CHITUO TECHNOLOGY's latest funding was a $***** Series B round on Dec 25, 2023, with participation from 3 investors. Its primary sector is Digital ICs. In China, the Digital ICs sector has seen $101M in funding in 2026 to date.

Where does ZHEJIANG CHITUO TECHNOLOGY rank among its competitors?

ZHEJIANG CHITUO TECHNOLOGY ranks 43rd amongst 44 active competitors, of which 12 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Verticalcompute, which secured $43M in Mar, 2026.

Who are the top competitors of ZHEJIANG CHITUO TECHNOLOGY?

ZHEJIANG CHITUO TECHNOLOGY's top competitors include Micron, RAAAM and Adesto. Among them, Verticalcompute secured the most recent funding round in March, 2026.

ZHEJIANG CHITUO TECHNOLOGY - 2026 Company Profile, Funding & Competitors

ZHEJIANG CHITUO TECHNOLOGY is a series B company based in Hangzhou (China), founded in 2016. It operates as a Provider of semiconductor chips for IoT applications. ZHEJIANG CHITUO TECHNOLOGY has raised an undisclosed amount in funding from investors like Shang Qi Capital, Zhejiang Financial Holding and United Nations New Fund. The company has 44 active competitors, including 12 funded and 15 that have exited. Its top competitors include companies like Micron, RAAAM and Adesto.

Company Details

Provider of semiconductor chips for IoT applications. It offers memory chips, systems on modules, and smart transmission terminals for IoT and smart cities applications. It also offers testing analysis, memory chips and circuit design services.

Website: www.hikstor.com
Email ID: *****@hikstor.com
Phone Number: +86 **********

Key Metrics

Founded Year

2016

Location

Hangzhou, China

Stage

Series B

Latest Funding Round

Series B, Dec 25, 2023, $*****

Investors

Shang Qi Capital & 3 more

Ranked

43^rd among 44 active competitors

Similar Companies

Micron & 52 more

View ZHEJIANG CHITUO TECHNOLOGY's full profile

ZHEJIANG CHITUO TECHNOLOGY has raised funding over 1 round. Its latest funding round was a Series B round on Dec 25, 2023 for $*****. 3 investors participated in its latest round. ZHEJIANG CHITUO TECHNOLOGY has 4 institutional investors.

Here is the list of recent funding rounds of ZHEJIANG CHITUO TECHNOLOGY:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 25, 2023	2187694	Series B	9519643	5810166	8139524	4490106

Access funding benchmarks and valuations. Sign up today!

View details of ZHEJIANG CHITUO TECHNOLOGY's funding rounds and investors

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of ZHEJIANG CHITUO TECHNOLOGY include Micron, RAAAM and Adesto. Here is the list of Top 10 competitors of ZHEJIANG CHITUO TECHNOLOGY, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Micron 1978, Boise (United States), Public	Manufacturer of memory and storage solutions for various applications	$1.3B	Alcor Fund, Bondeinvest.com & 3 others	78/100
2nd	RAAAM 2020, Petah Tikva (Israel), Series A	Developer of on-chip memory technology designed as a SRAM replacement	$24.5M	NXP Semiconductors, Europa & 11 others	62/100
3rd	Adesto 2007, Sunnyvale (United States), Acquired	Low power CBRAM for IoT, health	$75M	Adams Street Partners, Applied Materials & 8 others	58/100
4th	Silicon Storage Technology 1989, Sunnyvale (United States), Acquired	Innovator of SuperFlash® and memBrain™ memory technology for diverse applications	$58.4M	-	55/100
5th	Verticalcompute 2005, Leuven (Belgium), Seed	Developer of chiplet technology for data-intensive workloads and AI acceleration	$63.5M	Quantonation, imec.xpand & 12 others	54/100
6th	GigaDevice Semiconductors 2005, Beijing (China), Late Stage	Provider of non-volatile memory devices	-	GIC, Spinnotec & 12 others	51/100
7th	Crossbar 2010, Santa Clara (United States), Series D	Non-volatile RRAM memory technology	$136M	Tao Capital Partners, Kleiner Perkins & 13 others	50/100
8th	AP Memory 2011, Zhubei (Taiwan), Public	Developer of memory product for applications in IoT	-	-	47/100
9th	Montage Technology 2004, Shanghai (China), Public	Provider of analog and mixed-signal fabless semiconductor	-	Sagamore Investment Management, Yunfeng Capital ... & 24 others	47/100
10th	Avalanche Technology 2006, Fremont (United States), Series F	Leading provider of advanced memory solutions for extreme environments	$190M	Thomvest Ventures, Asia Pacific Ventures & 8 others	46/100
43rd	ZHEJIANG CHITUO TECHNOLOGY 2016, Hangzhou (China), Series B	Provider of semiconductor chips for IoT applications	-	China Internet Investment Fund, Zhejiang Financial Holding ... & 2 others	22/100