# Adaps Photonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/adaps-photonics

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.adapsphotonics.com
- Total disclosed funding: $32M
- Latest round: Series C (Jul 31, 2024)
- Investors on record: 14

## About

Based in Shenzhen, China, and established in 2018, Adaps Photonics is an electronic information technology company that focuses on the R&D and manufacturing of 3D sensing chips. It has a research and development center in Shanghai. Besides, it won the first prize in electronic information of the Shenzhen peacock team and the 2019 China entrepreneurship and innovation and has applied for a number of independently developed SPAD patented technologies at home and abroad, and also has been recognized by the Ministry of Industry and Information Technology as a national Specialized and Innovative Small and Medium-sized Enterprises. 
The company provides sensing chips, including woodpecker array modules, Ads3000 series the direct time of flight (dToF) array chips, single-photon avalanche diodes image sensor (SPADIS), and silicon photomultipliers (SiPM). Those products cover multiple application terminals, including in-car laser radar, mobile, robot, and smart home applications. The dToF chips are used for the measurement of object distance and 3D imaging sensing.
Adaps Photonics generates revenue by providing innovative dToF sensing chips and solutions.
In September 2025, Adaps Photonics raised approximately CNY 100 million in series C+++ funding. The company will accelerate the iteration and upgrade of core technologies and increase mass production capabilities.

## Funding rounds

- Series C, Jul 31, 2024 — Zhejiang Innovation Industry Private Equity Fund Management
- Series C, Feb 10, 2023, $15M — CoStone Capital, Grain Harvest Private Equity Fund Management
- Series C, Apr 11, 2022, $15M — Gaorong Ventures, Kinzon Capital, Meituan Longzhu
- Series B, Sep 14, 2021 — ZhenFund, O-film, Gaorong Ventures, Kinzon Capital, OPPO
- Series A, Oct 29, 2020, $1.6M — Lightspeed Venture Partners, ZhenFund, Legend Star, Kinzon Capital, Xiaomi Ventures
- Series A, Jun 24, 2020 — Lightspeed Venture Partners, O-film
- Angel, May 30, 2018, $0.5M — CPE Funds Management, Legend Holdings, Legend Star, Kinzon Capital

## Investors

- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Angel
- Legend Holdings — Angel
- Legend Star (https://capitalatlas.ai/funds/legend-star) — Angel, Series A
- Kinzon Capital (https://capitalatlas.ai/funds/kinzon-capital) — Angel, Series A, Series B, Series C
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series A
- O-film — Series A, Series B
- ZhenFund (https://capitalatlas.ai/funds/zhenfund) — Series A, Series B
- Xiaomi Ventures (https://capitalatlas.ai/funds/xiaomi-ventures) — Series A
- Gaorong Ventures (https://capitalatlas.ai/funds/gaorong-ventures) — Series B, Series C
- OPPO — Series B
- Meituan Longzhu — Series C
- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series C
- Grain Harvest Private Equity Fund Management — Series C
- Zhejiang Innovation Industry Private Equity Fund Management (https://capitalatlas.ai/funds/zhejiang-innovation-industry-private-equity-fund-management) — Series C