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PHOTONX has completed a new round of equity financing!

Time:2024-07-05Number of views:425

Recently, PHOTONX announced the successful completion of a new round of equity financing, with participating investors including Juqi Investment, Guoqian Growth Fund II, Guoqian Growth Fund IV, Guoqian Chengbo Fund IV, and Yicun Capital. The success of this financing is a testament to the market's high recognition of PHOTONX's technological strength and market prospects, bringing the company richer resources and broader development opportunities. The shareholder base of PHOTONX has further expanded, with several heavyweight shareholders including Xiaomi and Huawei, jointly safeguarding the company's future development.

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Shareholder information (image source: Tianyancha)

Shenzhen Photonx Technology Co.,Ltd. was established in 2018, with main members of the founding team from Peking University. They have been engaged in the development and research of new optoelectronic technologies for many years and have achieved fruitful research results.  The main products of Photonx include: single frequency narrow linewidth semiconductor lasers and modules, tunable narrow linewidth semiconductor lasers and modules, photonic crystal lasers, etc. These products have garnered market favor due to their excellent performance and stable quality. Notably, PHOTONX's self-developed narrow linewidth high-power semiconductor lasers have achieved the only domestic automated mass production, and are currently adopted by multiple FMCW LiDAR manufacturers. Furthermore, PHOTONX's products have found extensive applications in optical communications, optical fiber sensing, laser ranging, scientific research, and other fields.

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The success of this financing marks an important milestone in the development of PHOTONX. The company will continue to uphold its vision of "enriching perception, connectivity, and computation with photonic technology" and work together with domestic and international partners to jointly promote the development of the novel optoelectronics industry. With even greater enthusiasm and determination, PHOTONX will strive towards its goal of becoming a globally leading supplier of high-performance semiconductor photonic chips!