This MicroLED company completed A++ round of financing

Yibei Technology recently announced the completion of tens of millions of yuan in Series A++ financing. This round was exclusively invested by Guoxing Investment, with early investor Houlang Capital serving as financial advisor. This round of financing will be used to continue to strengthen the research and development of detection technology in the field of MicroLED and compound semiconductors, ensure product delivery capabilities, and further expand the market to enhance the competitiveness of Onex Technology in niche areas.

Currently, MicroLED has gradually been commercialized in scenarios such as splicing large screens, smart watches, AR equipment, and car lights. The industry is entering a critical stage of large-scale mass production and cost reduction. At the same time, the potential of MicroLED in emerging fields such as optical communications also brings more room for imagination to the industry. Against this background, Yiben Technology completed two rounds of financing in a row within half a year.It not only enhances the company's development confidence, but also injects positive signals into the industry chain.

In terms of product layout, Yiben Technology has achieved comprehensive coverage of key manufacturing links such as substrate/epitaxy, COW, COC, Panel, etc., and has the ability to provide full-process testing solutions for the industry chain, helping customers accelerate the realization of large-scale mass production.

About One Times

Yibei Technology was officially established in Bao’an District, Shenzhen City in 2020, and has successively set up branches in Shanghai and Xiamen, with a modern R&D and production base of nearly 5,000 square meters. The company’s core team is composed of high-level talents from well-known universities and semiconductor equipment companies at home and abroad. The company currently has nearly 100 employees, and professional R&D personnel account for nearly 70%. Since its establishment, the company has received multiple rounds of external financing from well-known institutions, andWon the honors of high-tech enterprise, specialization and special innovation. Yiben Technology adheres to material analysis and spectral optics technology as its foundation and is committed to improving the process control and yield management level of compound semiconductor substrates, epitaxy and chips. It provides quantitative, standardized and intelligent testing tools for the booming advanced application fields such as Mini/MicroLED new displays and SiC power devices, helping China's semiconductor equipment industry achieve the goal of upgrading from industry to global leadership.