Jixi Semiconductor, an incubated company of the Hangzhou Institute of Optics and Mechanics, has completed a Pre-A financing round worth tens of millions of yuan, jointly invested by Shanghai Science and Technology Innovation Fund, CASSTAR and Zhongying Venture Capital. The funds will be used for PCSEL (photonic crystal surface-emitting laser) product R&D and capacity expansion.
Fujia Gallium, a gallium oxide materials company incubated by the Hangzhou Institute of Optics and Fine Mechanics, has completed a new financing round of over 100 million yuan.
Photonic quantum computing company Turing Quantum announced on January 27 that it had completed a Series B financing round worth several hundred million yuan, with investors including Sichuan Industrial Revitalization Group, Toukong Donghai, Fosun Capital and SenseTime. The Hangzhou Institute of Optics and Fine Mechanics previously participated in its angel round. The funds will be invested in the development of practical quantum computers, breakthroughs in core technologies and the building of R&D talent. The original report said Turing Quantum has achieved mass-producible, scalable and programmable integrated photonic quantum chip manufacturing based on a thin-film lithium niobate material platform.
Aiou Optics, a company incubated by the Hangzhou Institute of Optics and Fine Mechanics, has completed an A+ financing round of tens of millions of yuan, jointly invested by the Daohe Tuojing Chip Chain Fund and Juntong Capital. The funds will mainly go toward product development and capacity expansion to meet demand from the domestic semiconductor equipment industry for high-end lasers. Aiou Optics' intelligent stabilized lasers target applications including laser debonding, silicon wafer stealth dicing, glass through-hole processing, and display panel processing.
Fuja Gallium, a company incubated by the Hangzhou Institute of Optics and Fine Mechanics, has announced the completion of an A+ funding round of nearly 100 million yuan, with participation from Shenzhen Capital Group, China Internet Investment Fund, Renzhi Capital, Zhongying Venture Capital, Shengde Investment, and others. The funds will be used to build China's first production line for 6-inch gallium oxide single crystals and epitaxial wafers, with annual capacity of 10,000 wafers expected by the end of 2026, as well as to improve single-crystal production efficiency, optimize epitaxial quality, and conduct device verification. The company has also launched its "one-click crystal growth" intelligent equipment, focusing on full-chain development of gallium oxide single-crystal preparation and epitaxy technology.
The investment platform of the Hangzhou Institute of Optics and Fine Mechanics has completed an angel-round investment in Xishi Technology. The funds will be used to expand production capacity for high-precision film thickness measurement instruments, upgrade next-generation optical algorithms, and develop the market. Xishi Technology's film thickness gauge product line covers benchtop, vacuum, handheld, line-scan, and OEM modules, with a measurement range from 1 nm to 1 mm and support for both single-layer and multilayer film measurement. Its optical structure and optomechanical system are 100% domestically sourced, and its light source utilization rate is five times that of comparable imported equipment.