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Investment and Financing

Financing, IPOs and mergers and acquisitions involving optics and optics-plus-AI companies.

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Items 1–15 of 15
Oct 15Thu
  1. C114 Communications Network · Optical CommunicationsOptics industryOptics and AI67

    Silicon Photonics Chipmaker Xihe Technology Files Registration Version of STAR Market Prospectus

    Shanghai Xihe Technology has released the registration version of its STAR Market IPO prospectus, describing itself as one of the world's major suppliers of silicon photonic integrated chips. Its customers include leading optical module makers and cloud service providers, and its products are already shipping at scale into AI clusters and hyperscale data centers. According to estimates by optical module makers, at the same speed and distance, silicon photonic solutions can reduce total cost by nearly 20% and cut the volume of components within a module by nearly 30%.

    Why we recommend it: The source provides cost and volume data for silicon photonics versus discrete components, helping to understand the domestic supply chain for AI data center optical interconnects.

Oct 14Wed
  1. Electro OpticsOptics industryOptics and AI61

    Photonic Chip Company Salience Labs Raises GBP 95 Million to Expand US Production

    Salience Labs, a University of Oxford spinout developing photonic chips for AI data centers, announced GBP 95 million in funding to scale mass production of optical circuit switches and expand its presence in Silicon Valley.

    Why we recommend it: The source article explains the positioning of optical circuit switching chips for AI data centers, helping understand where optical switching fits in compute networks

  2. Photonics.comOptics industryOptics and AI61

    Salience Labs Raises USD 125 Million Series B to Develop Photonic Switching Chips for AI Data Centers

    Salience Labs, which develops photonic chips for AI data center interconnects, has closed an oversubscribed USD 125 million Series B round. The company previously demonstrated a 64-port all-optical silicon photonic circuit switch at ECOC 2026.

    Why we recommend it: The source article links the funding to the 64-port all-optical switch demonstration at ECOC, helping assess the commercial progress of silicon photonic optical switching

  3. optics.org (SPIE Industry News)Optics industryOptics and AI61

    UK Silicon Photonics Firm Salience Labs Raises USD 125 Million Series B

    UK-based silicon photonics company Salience Labs has closed a USD 125 million Series B round to expand development of optical circuit switch (OCS) technology and ease network bottlenecks in AI data centers.

    Why we recommend it: The source article highlights the positioning of optical circuit switching against AI data center bottlenecks, helping understand capital enthusiasm for silicon photonic switching

Oct 13Tue
  1. OFweek Optics Network · NewsOptics industryOptics and AI54

    Optical Interconnect Firm Yotai Photonics Rises 449% on Beijing Stock Exchange Debut

    Jiangsu Yotai Photonics listed on the Beijing Stock Exchange on October 9 at an issue price of 13.75 yuan per share, offering about 17.6667 million shares and raising about 243 million yuan. The share price rose 449% on its first day of trading. The company mainly produces optical modules and optical interconnect products for data centers.

Oct 12Mon
  1. OFweek Optics Network · NewsOptics industryOptics and AI65

    Kunyou Optoelectronics Completes C+ Round of Over 1 Billion Yuan; 12-Inch Wafer-Level Optics Line to Come Online in 2027

    Kunyou Optoelectronics announced the completion of a C+ round exceeding 1 billion yuan, with investors undisclosed. The company's 12-inch wafer-level optics production line in Lingang, Shanghai, built with an investment of 2 billion yuan, is expected to be completed and come online in 2027, targeting AR, fiber optics, optical communications, automotive optics and optical computing markets. This follows its C round in January 2026 and a C+ round of nearly 400 million yuan in April.

    Why we recommend it: The article lists three funding rounds this year and progress on the 12-inch wafer-level optics line, helping understand capital and capacity deployment in wafer-level optics

  2. C114 Communications Network · Optical CommunicationsOptics industryOptics and AI55

    DSBJ passes Hong Kong Stock Exchange listing hearing, with PCB, optical chips and optical modules covering AI servers

    Suzhou Dongshan Precision Manufacturing has passed its listing hearing at the Hong Kong Stock Exchange. CIC says it is the world's only supplier with capabilities in PCBs, optical chips and optical modules at the same time. These products together account for about 9% to 14% of AI server material costs, and the company is expanding in optical interconnects through Source Photonics in optical modules.

Oct 8Thu
  1. OFweek Optics Network · NewsOptics industryOptics and AI55

    Yuanxi Photonics Closes Tens of Millions of Yuan Angel Round to Advance Metasurface Optical Chip Mass Production

    Wuhan Yuanxi Photonics has completed an angel funding round worth tens of millions of yuan, with investors including CASSTAR and Hongshan Capital. Founded in late 2025, the company will focus on metasurface optical chip R&D and product introduction, targeting the two major markets of intelligent 3D sensing and data center optical interconnects.

Sep 27Sun
  1. C114 Communications Network · Optical CommunicationsOptics industryOptics and AI63

    Hengtong Optic-Electric Plans to Raise CNY 6.636 Billion for Next-Generation Optical Fiber and AI Optical Interconnect

    Hengtong Optic-Electric has released a private placement plan to raise up to CNY 6.636 billion for next-generation optical fiber R&D and production, construction of high-end optical new materials in Inner Mongolia, and advanced AI optical interconnect projects. The issuance will target no more than 35 investors.

    Why we recommend it: The original article lists the investment directions, helping to understand the optical fiber leader's spending on AI optical interconnect

Sep 20Sun
  1. OFweek Optics Network · NewsOptics industryOptics and AI59

    Thin-Film Lithium Niobate Company Xili Photonics Completes Pre-A Round Worth Over 100 Million Yuan

    Xili Photonics has completed a Pre-A round of financing worth over 100 million yuan, led by Futu Capital, with participation from the Shanghai Future Industry Fund and others. The funds will be used for R&D on thin-film lithium niobate photonic chips and system-on-chip integration technology, product iteration and the construction of a wafer production line.

Sep 2Wed
Aug 25Tue
Aug 6Thu
Nov 20Thu
  1. Hangzhou Institute of Optics and Fine Mechanics · Industry NewsOptics industryOptics and AI36

    Aiou Optics Completes Tens of Millions of Yuan A+ Round

    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.

Sep 5Fri
  1. Hangzhou Institute of Optics and Fine Mechanics · Recent HighlightsOptics industryOptics and AI29

    Hangzhou Institute of Optics and Fine Mechanics Investment Platform Completes Angel Round in Xishi Technology to Accelerate Industrialization of Domestic High-End Film Thickness Metrology Equipment

    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.