Zhejiang Ruixi Technology completes a new round of financing to accelerate the commercialization of automotive-grade VCSEL chips

Recently, Zhejiang Ruixi Technology Co., Ltd. announced the successful completion of a new round of financing. This round of financing was supplemented by the company's existing shareholders. The funds raised will be mainly used to promote the commercialization of automotive-grade VCSEL chips and the iterative upgrade of optical communication application chips in the AI ​​era. As a leader in the design and manufacture of VCSEL products, Ruixi Technology is committed to the high-end market, and its business covers three major areas: consumer electronics, data communications, and automotive. The team has rich experience, covering all aspects of VCSEL design, such as chip design and simulation, epitaxial growth, and process technology. In the automotive field, Ruixi Technology's products have demonstrated excellent performance, with energy conversion efficiency of more than 35% and power of 1000W. The company has established a cooperative relationship with a world-renowned supplier of automotive lenses, and has cooperated with leading manufacturers in the field of domestic lidar.