Shanghai Xianyao Display Technology Completes Pre-B Round of Financing, with Valuation Reaching Unicorn Level

Recently, Shanghai Xianyao Display Technology Co., Ltd. (JBD) announced the completion of its Pre-B round of financing, raising hundreds of millions of RMB. This round of financing has enabled JBD to successfully join the ranks of unicorns. Since its establishment in 2015, JBD has received support from many investment institutions, including Chuanggu Capital and Kaifeng Venture Capital. JBD's products have been widely used in many fields, including near-eye display AR/VR, micro-projection, HUD head-up display, etc. Especially in the AR/VR field, JBD's micro-display has been adopted by more than 25 AR glasses due to its lightweight and low power consumption.