Eugenlight Technologies closes Series A of RMB tens of millions

2020-09-13
|
Lynn Lin

Eugenlight Technologies closes Series A of RMB tens of millions

Eugenlight Technologies, an optical component company focusing on high-speed optoelectronic integrated packaging and light engine technology, recently announced that it had completed its Series A round of financing worth tens of millions of yuan.


This round of financing was led by Cowin Capital, and followed by private investors and some former investors. Scheme Capital served as the exclusive financial advisor.


Meanwhile, Eugenlight Technologies also had launched its 100G (4X25G) SOA+PIN ROSA optical receiver during its Series A round financing.


The funds raised will be mainly used to expand the production line of box packaging products through IT management and production process automation.


As a result, the production capacity of Eugenlight Technologies will quickly double on the basis of the company’s current mass production capacity, to reach a monthly output of 10k to 100G TOSA/ROSA and 50k 10G/25G XMD TOSA, meeting the needs from the customers for the 25G/100G high-speed optical components.



RELATED ARTICLES

BPassword closes angel round led by Eagle Fund
2020-09-13
|
PEVC , Blockchain

Microtera Semiconductor closes Series A with RMB tens of millions
2020-09-13
|
PEVC , Semiconductor

Vertex Ventures completes new fund raising of RMB three bln
2020-09-13
|
PEVC , Technology , Semiconductor

Xiaoyinghe closes seed round of two mln yuan
2020-09-12
|
PEVC , Internet

Orthopedic AI company Changmugu closes Series A+ of RMB tens of mlns
2020-09-12
|
PEVC , Medical care

3D vision company UTECH closes multimillion-yuan financing round
2020-08-09
|
PEVC , Manufacturing , 3D machine

Narwal closes Series C round led by Sequoia Capital China
2020-06-24
|
PEVC , Robotics

MingXun New Material nets hundreds of millions of yuan in new financing
2020-06-21
|
PEVC , New material

Immvira closes USD58m Series B led by Huagai Capital
2020-06-17
|
PEVC , Pharmaceutical

Huaqiu Electrics nets nearly RMB100m in Series B+ round led by Cowin Capital
2020-06-14
|
Internet , Electronics , PEVC
China SDG