SiLUXTEK closes multimillion-yuan financing round led by Glory Ventures

2020-07-29
|
Isiah Liu

SiLUXTEK has recently announced the completion of a new financing round worth tens of millions of yuan. The lead investor was Glory Ventures.


Proceeds from this round of financing is mainly used for technological iteration and the launch of mass production.


Founded in March 2018, SiLUXTEK is a provider of silicon optical chips and product solutions.The company focuses on the development of high-speed optical communication chips based on silicon photonics technology with high speed, miniaturization, low cost and low power consumption, aiming to provide cost-effective optical communication chip solutions for clients in data centers, wireless 5G networks, transmission networks and other fields.


SiLUXTEK has great advantages in materials, process, research, product development, testing and validation and industrialization.


At present, the company has formed a high-performance teams from marketing, design and development to mass production, and has become a high-tech company with complete technology, outstanding operational capability and high growth potential in the Chinese silicon photonics industry.


In the future, the company will continue to attract outstanding talents from home and abroad to further strengthen and expand the company's leading technological advantage in high-speed chip development.



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