This Micro LED company completed its 6th round of financing

Recently, Micro LED chip West Lake Yanshan Technology announced the official completion of Series A financing; this round of financing was led by Haiwang Capital, and many market-oriented institutions such as Oriental Jiafu, Ivy Capital, and Jiupai Capital continued to invest.

Official information shows that the funds raised this time will be mainly used to accelerate the product iteration of the 8-inch gallium nitride on silicon mass production line, overcome the mass production bottleneck of the Micro LED industry to achieve commercial delivery; at the same time, increase the research and development of next-generation high-performance products, consolidate the "moat" of cutting-edge display technology, fully promote the implementation of dual-track industrialization of direct display and micro-display, and lead the commercialization process of new generation display technology.

According to Qichacha, up to now, Yanshan Technology has completed 6 rounds of financing; of which the Pre-A round of financing in 2025 has a financing amount of nearly 100 million yuan.

Picture source: Qichacha

Yanshan Technology, founded in May 2022, focuses on the development and mass production of Micro LED display chips. It has multiple core technologies such as MOCVD material growth, semiconductor thin film integration, hybrid bonding and three-color vertical stacking. It is committed to developing semiconductor active light-emitting full-color Micro LED chips and modules. The products can be widely used in AR glasses, optical communications, commercial displays, watches, vehicles and many other scenarios.

Specifically, in terms of product matrix, Yanshan Technology has also laid out the two vertical fields of "micro display + direct display". In the field of direct display, its chip products cover a variety of applications such as commercial displays, TVs, watches, and transparent screens. Customers include Samsung, BOE, CSOT, Tianma, etc.; in the field of micro-display, its module products are mainly used in AR glasses, micro-projection and other scenarios. Customers include AVIC, BYD, Sunny, Goertek, Rokid, Thunderbird, etc.

Picture source: Technology Capital Circle

At the technical level, in September last year, Yanshan Technology completed the entire hybrid integration process on an 8-inch silicon-based gallium nitride platform and successfully lit up a large-size Micro LED panel. The company stated that this process can improve light extraction efficiency, processing yield, and resolution, achieving a connectivity rate of more than 6N. At the same time, using high-precision alignment and bonding of CMOS/LED wafers, the pixel pitch can be reduced by more than 3 times, achieving a resolution of over 20,000 PPI.

In terms of project cooperation, in 2025, Yanshan Technology signed a Micro LED chip project cooperation agreement with Deqing County, Huzhou City, Zhejiang Province, focusing on the research and development of full-color AR/VR high-density chips.

Picture source: Yanshan Technology