Startup Funding: July 2023
EDA
GWX Technology raised
(CNY 100.0M is ~$13.9M) in financing led by
Essence Capital and
Guangzhou Lifeng. GWX Technology develops back-end design and verification tools, including SPICE simulation, characterization, formal equivalence checking, design for test, physical verification, optical proximity correction, and yield analysis. The company also offers IP, SoC, DFT, and package design services. Founded in 2018, it is based in Shenzhen, China.
Manufacturing & equipment
Demark Precision Technology received CNY 100.0M (~$13.9M) in Series A financing from
Great Stone Capital,
Addor Capital, and others. The company offers
of parts for semiconductor manufacturing equipment, wind turbines, and robotics. Founded in 2016, it is based in Huzhou, China.
XIVI Technology raised nearly CNY 100.0M (~$13.9M) in a Series A round led by
Glory Ventures, joined by
Ivy Capital and others. XIVI offers
, wafer stages, and wafer transfer systems. Funds will be used for R&D and to expand operations and production. Founded in 2015, it is based in Wuxi, China.
Using.AI drew tens of millions of yuan (CNY 10.0M is ~$1.4M) in pre-Series A financing from
Legend Capital and
GSR United Capital. The startup develops AI solutions for
in advanced manufacturing, including displays, optics components, and semiconductors. Founded in 2017, it is based in Shenzhen, China.
Aerotech drew new financing from
China Electronics Research and Investment Fund,
Changsha Pilot Investment Holdings, and others. The company makes gas pipe
for semiconductor manufacturing equipment. Founded in 2008, it is based in Beijing, China.
Joysingtech Semiconductor drew investment that included automaker
BYD. Joysingtech makes semiconductor manufacturing equipment, including for etch, thin film deposition, and rapid thermal annealing. Founded in 2021, it is based in Jiaxing, China.
Packaging
Jiangsu IC Assembly & Test (
ICAT) raised hundreds of millions of yuan (CNY 100.0M is ~$13.9M) in financing led by
Jintong Capital. ICAT provides
. Its capabilities include wirebond packages (SOP/SOT, QFN/DFN, QFP, LGA) as well as flip-chip system-in-package and wafer-level chip-scale packages. Funds will be used to expand production capacity and for R&D. Founded in 2018, it is based in Xuzhou, China.
Test, measurement & inspection
Zenfocus Semiconductor Technology raised
(CNY 100.0M is ~$13.9M) in a Series C round. Zenfocus provides
for wafers and finished products, including ATE test boards, high-speed 2D/3D MEMS probe cards, multi-layer organic substrates, multi-layer ceramic substrates, and memory probe cards. Funds will be used for capacity expansion, equipment procurement, R&D, and market development. Based in Shanghai, China, it was founded in 2015.
Zhongan Semiconductor raised hundreds of millions of yuan (CNY 100.0M is ~$13.9M) in Series A+ funding from
Fengyuan Capital,
CoStone Capital,
China Fortune-Tech Capital,
Oriza Holdings, and others. The company makes wafer inspection and metrology equipment, including non-contact optical interferometry for parameters such as wafer warpage, flatness, thickness, and film stress. It also offers particle defect detection equipment. Founded in 2020, it is based in Nanjing, China.
Avant Semiconductor raised
led by
Cornerstone Pujiang, followed by
New Hope Capital,
Galaxy Capital,
South China Venture Capital,
Honghu Capital, and others. Avant Semi provides front-end inspection and measurement equipment. Its products include an automated epitaxial film thickness and element measurement system that uses Fourier-transform infrared spectroscopy (FTIR) for non-destructive, high-sensitivity analysis. Along with epitaxial layers, it can also measure photoresist thickness, CMP polished thickness, and element concentrations. It also offers optical defect detection equipment for silicon carbide wafers. Founded in 2021, it is based in Shanghai, China.
Optics Robot Technology raised nearly CNY 100.0M (~$13.9M) in Series B funding from
CICC Capital and others. The company offers
(AOI) and laser marking equipment for semiconductor packaging, PCBs, and displays. Founded in 2016, it is based in Nanjing, China.
LightE Technology received
(CNY 10.0M is ~$1.4M) in strategic financing from
Keli Sensing Technology. LightE Technology makes spectral confocal displacement sensors for 3D optical inspection of semiconductors, PCBs, consumer electronics, photovoltaics, lenses, and other applications. The startup says the technology has higher precision, wider material adaptability, and higher stability compared to traditional lasers. It currently offers point and linear confocal sensor products. Based in Shenzhen, China, it was founded in 2014.
DKW Micro received nearly CNY 10.0M (~$1.4M) in angel funding from
Weixi Capital. The company makes ATE and PCB test probes. Founded in 2010, it is based in Suzhou, China.
DeepSight Information Technology drew
from
SND Financial Holdings and
CEC Fund. DeepSight provides an automated visual inspection platform for wafers, PCBs, flexible PCBs, and high-density interconnector PCBs. It uses computer vision and reinforcement learning techniques to detect defects. Founded in 2017, it is based in Shanghai, China.
Materials
Gao Semi raised CNY 65.0M (~$9.1M) in Series A funding from
V Stone Fund,
Haitong Securities, and others. The startup manufactures gallium oxide single crystal and epitaxial wafers. Funds will be used for R&D, capacity expansion, and hiring. Founded in 2021, it is based in Beijing, China.
Tanrand Technology drew tens of millions of yuan (CNY 10.0M is ~$1.4M) in angel financing from
CasStar and
Trustino Capital. The company manufactures
, films, and aerogels and graphene/copper composite powders for applications including conductive pastes and electromagnetic shielding. The company also makes stir friction welding equipment. Founded in 2015, it is based in Beijing, China.
Bolai Narun Electronic Material, also known as
Planary, received new investment from
Su Venture Capital and
SIDVC. The company makes abrasive particles, polishing liquid, and polishing pads for chemical mechanical polishing (CMP) in manufacturing semiconductor wafers, LED sapphire substrates, and optical glass. Founded in 2021, it is based in Suzhou, China.
BYN Chemical received
led by
CD Capital,
Fortune Capital, and
GAC Capital. The company manufactures various
, including the solvent NMP, for the electronics, LED, battery, and other manufacturing industries. Founded in 2011, it is based in Binzhou, China.
TC Ceramic Electronics drew
from
SDIC Venture Capital. The company makes
for power electronics. It offers both direct bonded copper and active metal brazed ceramic copper clad laminates, including DBC zirconium-doped Al2O3, AMB-Si3N4, and AMB-AlN. Founded in 2013, it is based in Jiaxing, China.
Wylton Jinglin Electronic Material raised pre-IPO financing led by
Lanhor Capital. The company provides a range of
including POCl3, BBr3, TEOS, TMA, and DCE for IC, discrete, photovoltaic, and LED thin film deposition and manufacturing. Founded in 2006, it is based in Guiyang, China.