Huachen Xinguang completed the angel round financing of 50million yuan to accelerate the localization of highly reliable semiconductor laser chips

Huachen Xinguang, a highly reliable semiconductor laser chip company, recently announced that the company has completed an angel round of financing of 50million yuan. This round is jointly led by Tongchuang Weiye, Puhua capital and Haisong capital. This round of financing funds will be used for product R & D, key process equipment procurement, Fab construction, etc. Huachen core optics is committed to the R & D and manufacturing of highly reliable semiconductor laser chips, focusing on the high-end markets in the upper and middle reaches of the optoelectronic industry chain (optical communication, laser radar and other fields), and providing high-performance and high reliability products and services to customers at home and abroad. The company has gathered world-class technical experts in chip design, epitaxial growth, Fab process, module packaging and testing, reliability and market development in the field of GaAs and InP. The team has rich experience in mass production of 4-inch InP and 6-inch GaAs, and is capable of self built epitaxial growth and contactless Fab process. The company's team focuses on accelerating the solution of laser chips and devices used in domestic long-distance backbone optical networks with serious "core shortage", while focusing on the research and development of core semiconductor laser devices such as autonomous lidar coherent light source. Investor Perspective Jiang Chun, managing partner of PWC capital: Huachen team has a deep accumulation in the industry, which can be described as a gold portfolio. The compound semiconductor design and manufacturing industry represented by photoelectric chips is also booming in China. We are very optimistic about their future. PwC capital has a broad investment layout in the upstream and downstream of this industrial chain, from substrate, epitaxy, chip design and manufacturing to downstream applications. We also hope that our investment ecology can help the development of enterprises.