Tang Optoelectronics closes RMB113m financing round led by Shanghai Pudong Kechuang Group

2020-08-16
|
Isiah Liu

Tang Optoelectronics closes RMB113m financing round led by Shanghai Pudong Kechuang Group

Zhongsheng Optoelectronics, or Tang Optoelectronics Equipment, has recently completed a new round of stock directional issue, led by Shanghai Pudong Kechuang Group.


The funds raised will be used for R&D and production of the third generation of semiconductor discrete device high-end equipment.


Besides Shanghai Pudong Kechuang Group, the round also saw participation from Haitong Shengyang, Shanghai Zhangjiang Science & Technology Venture Capital, CAS Star, Tongqi Investment, Chen Aihua, Chairman and General Manager of Zhongsheng Optoelectronics, and others.


Founded in May 2011, Zhongsheng Optoelectronics is a developer and manufacturer of metal organic chemical vapor deposition (MOCVD) equipment.


The company is engaged in the research, development and production of metal organic chemical vapor deposition equipment that are used to deposit very thin layers of atoms onto a semiconductor wafer and also provides after sales and maintenance services for their products.


As an upstream equipment manufacturer in the semiconductor industry chain in China, the MOCVD (Metal Organic Chemical Vapor Deposition) equipment developed and produced by Zhongsheng Optoelectronics is the key equipment for the production of second and third generation semiconductor discrete devices, with independent intellectual property rights.




RELATED ARTICLES

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

Cowave closes multimillion-yuan Series A
2020-08-16
|
Satellite , Communication , PEVC

Shenzhen Capital Group leads Wenge Group’s RMB200m Series C round
2020-08-07
|
PEVC , Artificial intelligence , Big data

Yungongchang closes RMB100m Series B round
2020-08-07
|
PEVC , Manufacturing

Flyslice closes RMB20m new financing round led by Hefei Hi-Tech VC
2020-07-29
|
Computing , PEVC

Dr. Technology secures RMB100m Pre-A round
2020-07-28
|
PEVC , Technology

Top corporate universities in China 2020
2020-07-26
|
University , Education , Technology

Multi-screen display terminal’s IEC standards led by BOE gets approval
2020-07-10
|
LCD , Technology , Display , Standardization

OpsMind closes multimillion-yuan Pre-A round
2020-07-09
|
PEVC , Technology

HiNa Battery closes Pre A round, raises tens of millions of yuan
2020-04-26
|
Battery , Technology
China SDG