Shanghai Xingyi Core can complete Pre-A round of strategic financing and lay out trillion yuan space computing power demand for electricity

Recently, Shanghai Xingyi Xinneng Technology Co., Ltd. officially announced the completion of the Pre-A round of strategic financing. This round of financing is jointly invested by Junda Co., Ltd., Shanghai Future Industry Fund, Lingang Blue Bay Capital, Nanxun Luyao, and Xinyang Semiconductor related industry investors, with old shareholder Zhongke Shenguang continuing to increase its investment. This round of funding will be used for technology iteration, space environment testing, and satellite in orbit verification, promoting the commercialization of space perovskite photovoltaic cells and space grade CPI (transparent polyimide) flexible packaging substrate materials. Shangyi focuses on the original innovation of the space energy track, tackling two core technologies: space perovskite photovoltaic cells and CPI flexible packaging thin films, and carrying out engineering application development for commercial aerospace scenarios.