VeriSilicon

Shanghai, China Founded: 2001 • Age: 25 yrs
Silicon platform-as-a-service is offered for SOC and SIP design solutions.
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About VeriSilicon

VeriSilicon is a company based in Shanghai (China) founded in 2001.. VeriSilicon has raised $92.34 million across 10 funding rounds from investors including Xiaomi, SoftBank and International Finance Corporation. The company has 2,009 employees as of December 31, 2024. VeriSilicon has completed 1 acquisition, including Vivante Corp. VeriSilicon operates in a competitive market with competitors including SiFive, Rambus, Flex Logix, Arteris IP and Ferroelectric Memory Company, among others.

  • Headquarter Shanghai, China
  • Employees 2009 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Verisilicon Microelectronics (Shanghai) Co., Ltd. Class A
Operational Areas
Technology → Semiconductors, Electronics & Hardware
Key Metrics
  • Annual Revenue
    $317.83 M (USD)
    -0.7
    as on Dec 31, 2024
  • Net Profit
    $-82.32 M (USD)
    -102.68
    as on Dec 31, 2024
  • EBITDA
    $-50.55 M (USD)
    -389.09
    as on Dec 31, 2024
  • Total Equity Funding
    $92.34 M (USD)

    in 10 rounds

  • Latest Funding Round
  • Investors
    Xiaomi

    & 16 more

  • Employee Count
    2009

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of VeriSilicon

VeriSilicon is a publicly listed company on the SSE with ticker symbol 688521 in China, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: SSE · Ticker: 688521 . Sector: Electronic technology · China
People of VeriSilicon
Headcount 1000-5000
Employee Profiles 21
Board Members and Advisors 3
Employee Profiles
People
Wei-Jin Dai
Executive Vice President and General Manager of Intellectual Property
People
Wenqian Shi
Chief Financial Officer
People
David Jarmon
Senior Vice President of Worldwide Sales and Business Development
People
Wayne Dai
Founder, President and Chief Executive Officer

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Funding Insights of VeriSilicon

VeriSilicon has successfully raised a total of $92.34M across 10 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 10
  • Last Round
  • First Round

    (01 Mar 2003)

  • Investors Count 17
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Series D - VeriSilicon Valuation Xiaomi
Sep, 2018 Amount Series D - VeriSilicon Valuation SoftBank , IDG Capital
Jun, 2014 Amount Series D - VeriSilicon Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in VeriSilicon

VeriSilicon has secured backing from 17 investors, including institutional and venture fund investors. Prominent investors backing the company include Xiaomi, SoftBank and International Finance Corporation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Venture capital firm
Founded Year Domain Location
Venture capital investments in Texas-based companies.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by VeriSilicon

VeriSilicon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vivante Corp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Embedded GPU architectures are designed and licensed for various markets.
2004
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - VeriSilicon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Verisilicon Comparisons

Employees
+
Add Comparison
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Competitors of VeriSilicon

VeriSilicon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SiFive, Rambus, Flex Logix, Arteris IP and Ferroelectric Memory Company, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
AI-based IP cores for system-on-chips are developed and supplied.
domain founded_year HQ Location
AI-based silicon IP and chip solutions are developed and licensed.
domain founded_year HQ Location
Provider of a reconfigurable computing company that provides embedded FPGA (eFPGA) IP, architecture, and software to enable flexible and efficient computing solutions for a wide range of industries
domain founded_year HQ Location
Network-on-chip interconnect IP is provided for AI-enabled SoCs.
domain founded_year HQ Location
IPs for HfO2-based non-volatile memories are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Verisilicon

Frequently Asked Questions about VeriSilicon

When was VeriSilicon founded?

VeriSilicon was founded in 2001 and raised its 1st funding round 2 years after it was founded.

Where is VeriSilicon located?

VeriSilicon is headquartered in Shanghai, China.

Is VeriSilicon a funded company?

VeriSilicon is a funded company, having raised a total of $92.34M across 10 funding rounds to date. The company's 1st funding round was a Series D of $22.26M, raised on Mar 01, 2003.

How many employees does VeriSilicon have?

As of Dec 31, 2024, the latest employee count at VeriSilicon is 2,009.

What is the annual revenue of VeriSilicon?

Annual revenue of VeriSilicon is $317.83M as on Dec 31, 2024.

What does VeriSilicon do?

Provider of silicon platform-as-a-service which provides design solutions for SOC and SIPs. The company claims to use artificial intelligence and machine learning to cater to mobile internet devices, IoT, data centers, automotive, and medical electronics. The company has developed IPs such as a Vision Image Processor platform, a low-power GPU, an ultra-high-definition video codec, and a digital signal processing IP.

Who are the top competitors of VeriSilicon?

VeriSilicon's top competitors include Arteris IP, Rambus and SiFive.

Is VeriSilicon publicly traded?

Yes, VeriSilicon is publicly traded on SSE under the ticker symbol 688521.

How many acquisitions has VeriSilicon made?

VeriSilicon has made 1 acquisition, including Vivante Corp.

Who are VeriSilicon's investors?

VeriSilicon has 17 investors. Key investors include Xiaomi, SoftBank, International Finance Corporation, WI Harper Group, and KTB Investment & Securities.

What is VeriSilicon's ticker symbol?

The ticker symbol of VeriSilicon is 688521 on SSE.

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