Kunyou Optoelectronics recently completed a new round of financing of hundreds of millions of dollars. This round of financing was led by Intel Capital and Yangtze River Delta Digital Culture Fund, and followed by the old shareholders CITIC, Mingshi Capital, Morning Glory Venture Capital, and Haiwang Culture and Technology Fund.
Kunyou Optoelectronics
North Ocean Photonics is a high-tech company specializing in wafer-level optics and optical integration, headquartered in Shanghai, China. Relying on its own deep technical accumulation and high-precision manufacturing process, North Ocean Photonics is committed to exploring the realization and innovative applications of cutting-edge photonics and optoelectronics through the innovative idea of integrating integrated optics and integrated circuits to help China overtake the next generation of photonics technology and kick off the prelude of consumer photonics.
In recent years, the company has built nearly 10,000 square feet of international first-class industry standard ultra-clean room and hardware platform, quality control and information technology software platform and complete team building, thus realizing the IDM system of the whole closed-loop from R&D and design, mastering, mass production, quality control and testing. We have also passed the stringent factory inspection and quality control certification of international first-tier customers, and become one of the few companies that have realized more than 10KK-class product shipments in the field of wafer-level optics in the world. At present, the company has hundreds of patents and more than 10 PCT applications, including more than 100 domestic patents and more than 10 overseas patents (U.S.), establishing a complete system of independent intellectual property rights, forming a closed loop of intellectual property protection. In the field of innovative optical applications, we have established three major product series, including micro-nano optics and machine vision, new augmented reality (AR) display, and automotive and LIDAR, which have been successfully introduced to international and domestic first-tier customers.
1. Micro-Nano Optics and Machine Vision. Since 2019, the Company has been in continuous mass production in the flagships of the world's first-tier cell phones for consecutive years;
2. AR display diffractive optical waveguide. At present, KunYou's AR optical waveguide sequence has been successfully imported into well-known customers including well-known US internet companies, several Chinese first-tier terminals, first-tier internet companies, and unicorns in the AR field of whole machine;
3. Vehicle and LiDAR. The related products will complete the certification of vehicle manufacturers in 2021, and be successfully imported into domestic head new energy models in 2022, and become one of the few related companies in the segment that have passed the 16949 vehicle specification certification.