AR optical waveguide company Kunyou Optoelectronics completed C+ round financing of 400 million yuan

On April 10, domestic wafer-level optical company Kunyou Optoelectronics recently completed its C+ round of financing, amounting to nearly 400 million yuan. This round was jointly invested by CITIC Zhengye, Yunfeng Fund, and Haiwang Capital, and old shareholders such as Kunzhong Capital and Walden International continued to invest. At this point, the company’s cumulative financing scale is close to 1 billion yuan.

This round of financing will be mainly used for WLO (wafer-level optics) and optical integration related technology research and development, Lingang production base expansion, customer introduction promotion, and global patent layout.

Kunyou Optoelectronics was established in December 2016 and is headquartered in Shanghai. It is mainly engaged in the research and development and industrialization of wafer-level micro-nano optics and related optical devices. The founder of the company, Lin Tao, graduated from Zhu Kezhen College, Department of Optoelectronics, Zhejiang University, and later received a doctorate in optoelectronics from Cambridge University.

In terms of business progress, the company has been supplying micro-nano 3D vision-related products to mainstream mobile phone manufacturers around the world since 2019, with a cumulative shipment volume of tens of millions, and has gradually expanded to application fields such as sweeping robots, smart door locks, and drones. In terms of micro-nano optical fiber products, it will start supplying to some domestic new energy vehicle lidar manufacturers in 2021, and has also begun to extend to high-speed optical modules in recent years.

In the field of AR diffractive optical waveguides, since the company launched its first mass-produced product in 2019, it has formed a multi-series product layout, covering different material systems such as resin, glass and silicon carbide, as well as various process routes from monochrome to full color, from nanoimprinting to photolithography and etching. Some of these photolithographic waveguide products have entered practical application scenarios.

In addition, based on its existing wafer-level optical manufacturing capabilities, the company is also conducting research and development exploration in the directions of photonic computing, optical chips and optical neural networks.

In terms of financing history, in December last year, Kunyou Optoelectronics announced the completion of a new round of Series C financing. The funds will be used to accelerate upgrading and expand wafer-level optical R&D and mass production capabilities.