UNIM Secures Over 20 Million USD in Pre-A Round Financing, Attracting Renewed Capital Market Confidence
In August 2022, UNIM Innovation, a rising star in semiconductor industry, successfully closed its Pre-A funding round, raising over 20 million USD. The round was led by globally renowned venture capital firm West Summit Capital, with participation from Henan Sci-Tech Investment and Muhua Sci-Tech Fund. The funding will be primarily used to strengthen UNIM's R&D capabilities, support new product development, expand market reach, and scale up operations—fueling its ambition to become a leading provider of small to mid density memory chips.
Founded in October 2021, UNIM completed angel round just two months after in December. The company now employs nearly 100 professionals, with over 50% in R&D roles. UNIM's core team brings global R&D and management experience, along with a proven record of innovation. With capabilities spanning R&D, process integration, production, marketing, and operations, UNIM delivers comprehensive memory solutions to its customers.
With the rapid progress of its key projects, UNIM is entering a new phase of accelerated development. At the same time, its pipeline of innovative, competitive products is set to achieve major technical breakthroughs and be gradually introduced to the market.
Dr. Qiang Tang, Co-Founder and Chairman of UNIM, stated:
“UNIM focuses on small to mid density memory solutions and has entered the market via 2D NAND technology. By leveraging advanced process nodes, we've effectively reduced costs while ensuring high reliability—allowing us to gain market share quickly. This year, with our growing R&D team, we’ve launched four new development projects in parallel, laying a strong foundation for our product lineup in the coming years. As the semiconductor industry rises to a historic opportunity, we remain committed to innovation, expanding our capabilities, and building toward our goal of becoming a world-class memory chip company.”
Ms. Gong Yi, Co-Founder and CEO, added:
“Our first 2D NAND product is on par with global standards and ahead of many peers. The product has completed design and tape-out and is ready for commercial rollout. Another core product will be launched next year, filling a significant gap in the domestic market. With high reliability and advanced process support, our products are well-suited for industrial, automotive, and other high-end applications. We've already entered strategic partnerships with Phison Electronics and Goke Microelectronics, and we are actively developing new customer relationships in wearables, smart surveillance, networking, and automotive electronics.”
Mr. Bo Du, Managing Director of WestSummit Capital, remarked:
“Amid global efforts to advance high-tech industries such as AI, IoT, cloud computing, and smart vehicles are showing strong momentum. All of these rely heavily on memory chips. As the 'food' of electronic devices and data systems, memory is essential to stability, integration, and yield. It represents the largest and fastest-growing segment of the semiconductor market, already worth hundreds of billions of U.S. dollars—and poised to reach several hundred billion more. Yet China's domestic production rate remains low, leaving enormous room for import substitution. UNIM has strong technical depth and the market insight needed to lead in this space. We are honored to support such an exceptional team and look forward to helping UNIM grow into a globally recognized leader in memory chips.”
(WestSummit Capital is a global technology investment fund with offices in China, U.S., and Europe. With a focus on semiconductors, intelligent manufacturing, and next-generation IT, WestSummit has a proven track record investing in companies such as Anji Microelectronics, Ninebot, VeriSilicon, Unity, and Movidius.)
Dr. Yu Zhang, Founding Partner of Muhua Sci-Tech Fund, commented:
“Memory accounts for over one-quarter of the global semiconductor market. As international giants gradually exit the small-capacity memory space, UNIM has tremendous growth potential. With advanced design, process capabilities, environmental adaptability, performance, and reliability, UNIM offers highly competitive solutions. We are confident in the company’s future and welcome more partners to join us in supporting its growth.”
(Muhua Sci-Tech Fund is an early-stage VC initiated by Tsinghua Holdings. The fund focuses on innovation-driven sectors such as EVs, semiconductors, AI, and enterprise SaaS.)
In August 2022, UNIM Innovation, a rising star in semiconductor industry, successfully closed its Pre-A funding round, raising over 20 million USD. The round was led by globally renowned venture capital firm West Summit Capital, with participation from Henan Sci-Tech Investment and Muhua Sci-Tech Fund. The funding will be primarily used to strengthen UNIM's R&D capabilities, support new product development, expand market reach, and scale up operations—fueling its ambition to become a leading provider of small to mid density memory chips.
Founded in October 2021, UNIM completed angel round just two months after in December. The company now employs nearly 100 professionals, with over 50% in R&D roles. UNIM's core team brings global R&D and management experience, along with a proven record of innovation. With capabilities spanning R&D, process integration, production, marketing, and operations, UNIM delivers comprehensive memory solutions to its customers.
With the rapid progress of its key projects, UNIM is entering a new phase of accelerated development. At the same time, its pipeline of innovative, competitive products is set to achieve major technical breakthroughs and be gradually introduced to the market.
Dr. Qiang Tang, Co-Founder and Chairman of UNIM, stated:
“UNIM focuses on small to mid density memory solutions and has entered the market via 2D NAND technology. By leveraging advanced process nodes, we've effectively reduced costs while ensuring high reliability—allowing us to gain market share quickly. This year, with our growing R&D team, we’ve launched four new development projects in parallel, laying a strong foundation for our product lineup in the coming years. As the semiconductor industry rises to a historic opportunity, we remain committed to innovation, expanding our capabilities, and building toward our goal of becoming a world-class memory chip company.”
Ms. Gong Yi, Co-Founder and CEO, added:
“Our first 2D NAND product is on par with global standards and ahead of many peers. The product has completed design and tape-out and is ready for commercial rollout. Another core product will be launched next year, filling a significant gap in the domestic market. With high reliability and advanced process support, our products are well-suited for industrial, automotive, and other high-end applications. We've already entered strategic partnerships with Phison Electronics and Goke Microelectronics, and we are actively developing new customer relationships in wearables, smart surveillance, networking, and automotive electronics.”
Mr. Bo Du, Managing Director of WestSummit Capital, remarked:
“Amid global efforts to advance high-tech industries such as AI, IoT, cloud computing, and smart vehicles are showing strong momentum. All of these rely heavily on memory chips. As the 'food' of electronic devices and data systems, memory is essential to stability, integration, and yield. It represents the largest and fastest-growing segment of the semiconductor market, already worth hundreds of billions of U.S. dollars—and poised to reach several hundred billion more. Yet China's domestic production rate remains low, leaving enormous room for import substitution. UNIM has strong technical depth and the market insight needed to lead in this space. We are honored to support such an exceptional team and look forward to helping UNIM grow into a globally recognized leader in memory chips.”
(WestSummit Capital is a global technology investment fund with offices in China, U.S., and Europe. With a focus on semiconductors, intelligent manufacturing, and next-generation IT, WestSummit has a proven track record investing in companies such as Anji Microelectronics, Ninebot, VeriSilicon, Unity, and Movidius.)
Dr. Yu Zhang, Founding Partner of Muhua Sci-Tech Fund, commented:
“Memory accounts for over one-quarter of the global semiconductor market. As international giants gradually exit the small-capacity memory space, UNIM has tremendous growth potential. With advanced design, process capabilities, environmental adaptability, performance, and reliability, UNIM offers highly competitive solutions. We are confident in the company’s future and welcome more partners to join us in supporting its growth.”
(Muhua Sci-Tech Fund is an early-stage VC initiated by Tsinghua Holdings. The fund focuses on innovation-driven sectors such as EVs, semiconductors, AI, and enterprise SaaS.)
