Fushi Technology Completes C1 Round of Financing of Hundreds of Millions of Yuan

Shenzhen Fushi Technology recently completed a C1 round of financing worth hundreds of millions of yuan, led by Chengdu Science and Technology Investment and followed by other industrial investment institutions. The funds raised will be mainly used for the research and development of core laser radar chips. Fushi Technology focuses on the research and development of machine vision products, and has now formed three major product lines: laser radar SPAD, 3D vision and under-screen optics. The laser radar SPAD chip developed by the company has successfully passed the AEC-Q102 automotive international standard certification and is expected to be used in the automotive field next year.