Ruishi Technology received nearly 100 million yuan in B+ round financing to accelerate the development and mass production of technology products

In April 2023, Ruishi Technology, a provider of VCSEL optical solutions, announced the completion of a nearly 100 million yuan B+ round of financing. Investors in this round include GAC Capital, JAC Motors' Industrial Capital and Hefei Industrial Investment. This round of financing will be mainly used to accelerate the development and mass production of technology products. Ruishi Technology has received nearly 100 million yuan in round B financing, and in just one year, it has received a new round of financing. It is reported that since its establishment, Ruishi Technology has continued to receive investment from leading investment institutions. Its products have entered the mass production supply chain of foreign consumer electronics manufacturers and domestic automotive head customers. The company's revenue has continued to grow by 2 times every year for nearly three years, and it is in a leading position in the VCSEL track in China. Previously, Ruishi Technology has received investment from Shenzhen Nanshan Strategic Emerging Industries Investment Co., Ltd. At present, the company has raised 4 rounds of financing and is valued at nearly 2 billion yuan. The company's first complete chip packaging production line was completed in Guangming District on January 8, 2020. The project covers a total area of ​​nearly 3,000 square meters and is expected to be officially put into operation in February this year. After completion, it will become Shenzhen's first world-leading optical chip test packaging and optical sensing light source production base.