DeHeng Advises Zhiyi Polycore on its Angel Financing

2019-2-27

Zhiyi Polycore Microelectronics Technology (Tianjin) Co., Ltd. (Zhiyi Polycore) has recently secured its angel financing from TusStar and Qingyan Lushi Investment, and the money raised will be mainly invested on the R&D of chips.

Zhiyi Polycore is specialized in the R&D and sale of high-performance AD/DA chips. It offers high-performance analog-to-digital converter (ADC) chips and digital to analog converter (DAC) chips, as well as other chip products for the analog signal chain, and grants the use of its IP. Its products are widely used in radar, communication stations, navigation equipment, industrial high-precision control, and medical apparatus and other areas.

As the legal counsel for the angel financing, DeHeng set up a project team led by partner and lawyer Sang Shidong and associated by legal assistant Zhang Mengqi from the Beijing Office to provide comprehensive, professional and premium legal services for Zhiyi Polycore, including deal structure design, negotiations, contract drafting and revision, and assistance to delivery. DeHeng team also offered targeted deal proposals and suggestions based on the specifics of the deal, which proved very helpful for the financing.