Primarius
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Primarius - overview
Established
2010
Location
Shanghai, Shanghai, China
Primary Industry
Electronics
About
Based in Shanghai, China and founded in 2010, Primarius Technologies Co. , Ltd. , trading as Primarius, became the first EDA company listed in China and has evolved into an EDA industry leader with internationally competitive core technologies. Headquartered in Shanghai, with offices in Beijing, Silicon Valley, and Seoul, the company serves tier-one foundries, memory manufacturers, and semiconductor companies worldwide.
Primarius focuses on bridging IC design and manufacturing through advanced process development, enabling higher yield, enhanced performance and stronger competitiveness for semiconductor enterprises. In January 2026, Shanghai STVC Group agreed to acquire a 5% minority stake in Primarius for nearly CNY 692 million. The company offers solutions across four business segments: design EDA, fab EDA, testing solutions and engineering services. Its design EDA products include universal parallel SPICE simulators, large-capacity and high-precision SPICE simulators, dual-solver fast SPICE simulators, mixed-signal simulation tools, yield-oriented design platforms, waveform viewers and hierarchical SoC design planning solutions.
Its fab EDA offerings cover advanced SPICE modeling platforms, intelligent model extraction tools, cross-platform modeling software, process and design verification platforms, parametric cell library development, and PDK verification systems. The company’s testing solutions include all-in-one semiconductor parameter analyzers and low-frequency noise measurement systems, while its engineering services provide advanced wafer testing platforms and semiconductor engineering solutions that support high-end chip R&D. Primarius generates revenue primarily through software licensing, engineering services and system integration for semiconductor design and manufacturing customers. The transaction in January 2026 will enable Primarius to continuously optimize its equity structure, strengthen its strategic synergy capabilities, and improve its corporate governance.
Current Investors
Intel Capital, Xingcheng Capital
Primary Industry
Electronics
Sub Industries
Integrated Circuits, Semiconductor Equipment & Testing, Software
Website
www.primarius-tech.com
Verticals
AdTech, Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Primarius - timeline of key events

Primarius - financials
| Fiscal Year Ended | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|
| Revenue (USD) | 51,948,647.7 | 65,486,596.9 | 137,483,160.4 | 193,868,563 | - | - | - |
| % Revenue Growth (YoY) | - | 26.1% | 109.9% | 41.0% | - | - | - |
| EBITDA (USD) | (8,090,700) | (876,523,000) | 29,295,900 | 38,757,970.1 | - | - | - |
| Operating Income (USD) | (8,310,478.8) | (876,942,511.6) | 26,323,886.8 | 29,255,110.7 | - | - | - |
| Operating Margin | (16.0%) | (1339.1%) | 19.1% | 15.1% | - | - | - |
| % EBITDA Margin | (15.6%) | (1338.5%) | 21.3% | 20.0% | - | - | - |
| NET Income (USD) | (7,903,202.1) | (877,360,215.7) | 27,891,738 | 27,840,757.6 | - | - | - |
| % Net Margin | (15.2%) | (1339.8%) | 20.3% | 14.4% | - | - | - |
Primarius - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Announced | Primarius | - |
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Primarius - employee data


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