JBD completed B2 round of financing exceeding one billion yuan, setting a new single record in the Micro LED micro-display field
On November 2, JBD Shanghai Xianyao Display Technology Co., Ltd. recently announced the successful completion of Series B2 financing of over one billion yuan, setting a new single financing record in the global Micro LED microdisplay field.
JBD This round of financing was led by Chaos Investment and CITIC Goldstone, with participation from CITIC Securities International Capital, CITIC Securities Investment, Lightspeed Photosynthesis, Yinbai Investment, Zhiwei Capital, Jinpu Investment, Puyao Xinye, GF Qianhe, GF Xinde, Zhejiang Youjin, and Paino Capital.
And justIn August this year, JBD also announced the successful completion of a B1 round of financing worth hundreds of millions of yuan. At that time, participating investors included Anhui Railway Fund, Fanghua Fund, Guangyue Investment, Chaos Investment, Ant Unicorn Fund, Shanghai Science and Technology Innovation Fund, Tin Venture Capital, and China Merchants China Fund.
The funds obtained from the B2 round of financing will be used to accelerate JBD’s innovation and product iteration in Micro LED micro-display technology, work with ecological partners to promote the co-construction of consumer-grade AR ecosystem, and transform JBD’s current technological advantages and commercialization accumulation into large-scale industrialization capabilities for the global market.
2025 is the tenth anniversary of the establishment of JBD. Its Micro LED products have been used in nearly 50 smart glasses around the world.
ANNA