Sinsegye received 200 million yuan in B1 round financing, accelerating the new era of industrial intelligent computers
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In December 2024, Sinsegye completed a B1 round of financing of 200 million yuan, led by HONGTAI Aplus, China Reform Securities Capital co.,Ltd., Guozhong Private Equity Investment Fund (Xi'an) Partnership, Bojiang Capital, GreatOrigin Asia Capital followed suit, and CYGNUSEQUITY served as a long-term exclusive financial advisor.
Since its establishment, Sinsegye has completed six rounds of financing in more than two years. After the new financing, the company will continue to increase its investment in industrial intelligent computers (iComputer) and Automation (operating system MetaOS and programming platform MetaFacture), servo motion and IO, equipment and other products, and expand mid-to-high-end customers in multiple industries at home and abroad.
Sinsegye Technology originated from the Institute of Computing Technology , Chinese Academy of Sciences. It is a computer architecture company that mainly engages in the research and development and sales of "industrial intelligent computers based on PC technology (a computer architecture)". As the "brain" of industrial production line equipment, industrial intelligent computers are the core computing equipment for industrial field data calculation and processing and control instruction issuance, and are the computing base for industrial intelligence. The company currently has more than 200 employees and has production research, production, testing and sales centers in Shenzhen, Beijing, Shanghai, Suzhou, Wuhan, Xi'an, Hefei, Xinjiang and other places in China, and R&D and sales centers in Germany, Russia and other places overseas.
Figure 1: Sinsegye
The industrial intelligent computer independently developed by Sinsegye has the functions of real-time control, motion control, edge computing, configuration display, human-computer interaction, etc. It has high real-time and strong computing characteristics, and the speed and axis capacity of hard real-time tasks always maintain the world's leading level; it integrates a wealth of algorithms and control instructions, and has strong openness and scalability. As a computing center, it is also very adaptable to the implementation of embodied intelligent robots in industrial scenarios in the future, defining a robot-specific computer.
Figure 2:Sinsegye iComputer Series Products
The core of industrial intelligent computers benefits from the two major industrial basic software independently developed by the company, the industrial operating system and the industrial programming platform. MetaOS, the industrial operating system of Sinsegye, has flexible resource allocation for real-time and non-real-time domains. The dual-domain isolation feature of Hybrid kernel has multiple tasks that can run independently or in real time and collaborate. The non-real-time domain can support multiple desktop ecosystems such as Windows, Ubuntu, Deepin, KylinOS, and EulerOS; the development environment MetaFacture has modular ideas, open interfaces, unified architecture, open programming and other features, and provides low-code configuration mode, PLC expert mode, SDK expert mode and other development modes to meet the needs of different user scenarios; the SF series functional plug-ins can access real-time and non-real-time functions, and the open and modular design supports Modbus, TCP/IP, OPC UA, ACP, MQTT, HMTL, JSON and other protocols or functions; the ST series Templates industry engineering templates provide low-code interface mode, advanced API interface mode, automatic code generation and other modes, and also have the characteristics of automatic management of hardware and IO, flexible external communication interface, and open upper call;
Figure 3 Automation series products from Sinsegye
The ultimate product power brings customers an order of magnitude performance improvement. Sinsegye' business has achieved a three-fold growth every year, with cumulative order revenue of hundreds of millions of yuan. Sinsegye provides customers with a combination of hardware and software products driven by PC industrial intelligence machines and Automation as the core. It has currently focused on the mid-to-high-end markets in multiple industries, including photovoltaics, semiconductors, wind power, energy storage, 3C electronics, lasers, petroleum, steel, CNC, printing and packaging, woodworking machinery, and robotics industries, helping customers reduce hardware costs, improve production accuracy, and increase development efficiency. The proportion of old customers exceeds 30%, and it fully focuses on the three core barrier advantages of products: "integrated computing and control, breakthrough indicators, and open and easy to use.
Figure 4: Industry applications of Sinsegye
In just three years, Sinsegye has completed team building, comprehensive product iteration, market layout, brand building and overseas expansion, with sales growing by leaps and bounds. In the future, it will continue to work towards the vision of "becoming a global representative of computerized automation" and promote the overall improvement of China's industrial automation brand.
⌈ Ma Jun, founder and CEO of Sinsegye, said:⌋
Sinsegye has a far-reaching and unprecedented vision, and has gathered a large number of top talents in the industry. After more than three years of hard work, it has continuously refreshed the limits of this field. Sinsegye has always been forging ahead and will surely become the leading industrial chain enterprise in the transformation and upgrading of the national manufacturing industry. The company continues to adhere to the concept of product first and customer first, and contributes to the development of my country's industrial intelligence.
Investment Views→
[HONGTAI Aplus] Yu Yang, executive director ofHONGTAI Aplus, said: Sinsegye has reconstructed the upstream of industrial automation through computer architecture and software-defined technology. Based on the two major industrial basic software independently developed, the industrial computing control logic and hardware are decoupled to create a set of industrial-grade general-purpose computing terminals, which will be the carrier platform for new algorithms and software applications such as large models and generative AI to enter the factory in the future. The company's current product performance can replace foreign leading manufacturers, and it has started the process of globalization, with sales growing rapidly. In the future, we expect the company to become a global leader in industrial automation computerization.
[China Reform Securities Capital co.,Ltd.] Shi Xin, general manager of China Reform Securities Capital co.,Ltd., said: The technical barriers and experience barriers in the field of industrial control are relatively high. In the early days, my country's traditional industrial control system solutions mainly relied on systems built by foreign manufacturers such as Siemens and Beckhoff. However, with the leading drive of new quality productivity, my country's demand for independent and controllable industrial control systems is more urgent. In addition, the industry is facing the iteration of high-end intelligent manufacturing, which has put forward higher requirements for industrial control systems. Domestic companies with the technical strength of "real-time, intelligent, and high computing power" are also expected to achieve replacement at this stage. We are optimistic about the self-research potential of the domestic "new generation" in the field of industrial infrastructure, and accelerate the launch of more intelligent terminal products that meet the needs of domestic customers.
[Guozhong Private Equity Investment Fund (Xi'an) Partnership] Dr. Shi Xin, Executive General Manager ofGuozhong Private Equity Investment Fund (Xi'an) Partnership, said: Industrial intelligence has become the core driving force for the transformation and upgrading of China's manufacturing industry. Relying on the years of technical accumulation of the Institute of Computing Technology of the Chinese Academy of Sciences, Sinsegye adopts the idea of "changing lanes to overtake" to organically integrate PLC, operation control, vision and AI, and is equipped with domestic chips and domestic operating systems. It also independently develops IDE to create a new form of integrated computing and control machine, which is of great significance for breaking through the "bottleneck" of industrial infrastructure and the transformation and upgrading of the manufacturing industry. Guozhong Capital participated in the A round of investment in Sinsegye in 2023. The company started with two industrial intelligent machine products in the early stage. Now it has expanded to form a diversified series of products with industrial intelligent machines and automation software as the core, integrating software and hardware. It has been recognized by many industry leaders and has embarked on the journey of global expansion. Guozhong Capital continues to invest in Sinsegye this time, firmly optimistic about the broad prospects of industrial intelligence, and believes that with the continuous upgrading of industrial AI intelligent technology and the trend of domestic substitution, Sinsegye is expected to become a leader in the field of industrial intelligence.
[Bojiang Capital] Lu Yuanhao, the project leader of Bojiang Capital, said: Computerized automation is a huge opportunity for industrial leapfrogging. The traditional split architecture can no longer meet the needs of data interaction and real-time control of current industrial equipment. The future industry trend is the deep integration of IT and OT, and the integration of computing and control. Relying on the years of technical accumulation of the Institute of Computing Technology of the Chinese Academy of Sciences, Sinsegye has reshaped the industrial control system from the architecture and created a new form of integrated computing and control machine, which is of great significance for breaking through the "bottleneck" of industrial infrastructure and the transformation and upgrading of the manufacturing industry. Bojiang Capital participated in Zhongke Times' A+ round of financing as the lead investor in 2023. Over the past year, Sinsegye has not only expanded the original single model of IIoT to today's "IIoT family", but also further expanded new product categories in product lines such as Motion. We are firmly optimistic that Sinsegye will become the leader of the new generation of industrial automation. In this round, we have also firmly chosen to continue to increase our investment and will continue to support the company's development in many aspects in the future.
[GreatOrigin Asia Capital] Dr. Lin Haizhuo, founding partner and chairman ofGreatOrigin Asia Capital, said: Sinsegye AI industrial intelligent computer is the basic chain leader product of advanced manufacturing in the next 10-20 years. It is the "industrial brain" for building global advanced manufacturing in the AI era. It is also the key "industrial + embodiment" basic control center in the next 20 years of embodiment. MetaOS, the industrial operating system independently developed by Sinsegye, will become a revolutionary product in the world in terms of integrated computing and control, large computing power, timeliness, and agility. We are highly optimistic that Sinsegye will become a global chain leader in the era of AI + advanced manufacturing, and comprehensively reconstruct and upgrade the "brain" decision-making and intelligence level of domestic advanced manufacturing.
Note: MetaOS refers to the SinsegyeMetaOS software developed by Sinsegye, referred to as “MetaOS” in this article.