Suzhou Yige Technology

Suzhou Yige Technology Co., Ltd., also known as EagleChip, is a semiconductor company established in January 2022 by founder and CEO Wang Jingpo. The company is headquartered in the Suzhou Industrial Park in Suzhou, China, with additional branches in Shanghai, Nanjing, and Toronto. EagleChip focuses on the research and development of high-end Field-Programmable Gate Array (FPGA) chips and their dedicated Electronic Design Automation (EDA) toolchains. This positions the firm to compete in the high-performance heterogeneous computing market.

The company's business model is centered on designing and manufacturing FPGA programmable logic devices to address the domestic gap in high-end chip supply in China. Its products are designed for a wide array of applications, including low-latency communication, data centers, industrial control, high-speed parallel computing, consumer electronics, smart cars, and video image processing. A significant milestone was the completion of its angel investment round on August 31, 2022, raising approximately $41.5 million (286 million yuan) from prominent investors such as Matrix Partners China, Redpoint China Ventures, Sequoia China, and others. These funds are primarily allocated to new product research and development.

EagleChip is developing advanced FPGA products, with its initial focus on a 12nm 500K look-up-table (LUT) chip, which it intended to launch within two years of its founding. The firm has a longer-term goal of releasing a 2KK logic unit product within five years to further address domestic market needs. The company's strategy involves not just hardware design but also a deep focus on the accompanying EDA software tools, which are critical for FPGA functionality and a major barrier to entry in the market. The founding team includes a number of technical leaders with experience at top-tier overseas FPGA companies. The company has also been active in protecting its developments, filing for its first 25 patents shortly after its establishment.

Keywords: FPGA chips, semiconductor design, Suzhou Yige Technology, EagleChip, EDA toolchains, Wang Jingpo, heterogeneous computing, programmable logic devices, look-up-table, data center acceleration, high-performance computing, chip design, domestic semiconductor, integrated circuits, FPGA development, electronic design automation, 12nm process, Series A, venture capital