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

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Primarius - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024
Revenue (USD)51,948,647.765,486,596.9137,483,160.4193,868,563---
% Revenue Growth (YoY)-26.1%109.9%41.0%---
EBITDA (USD)(8,090,700)(876,523,000)29,295,90038,757,970.1---
Operating Income (USD)(8,310,478.8)(876,942,511.6)26,323,886.829,255,110.7---
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)27,891,73827,840,757.6---
% Net Margin(15.2%)(1339.8%)20.3%14.4%---

Primarius - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutAnnouncedPrimarius-

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Primarius - employee data

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