# BlueWave

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bluewave

- Industry: Semiconductors
- Headquarters: Hangzhou, China
- Website: www.bluewavecom.cn
- Latest round: Series A (Jul 31, 2026)
- Investors on record: 7

## About

Based in Hangzhou, China, and founded in 2021, Hangzhou Bibo Semiconductor Co., Ltd., trading as BlueWave, operates as a communications semiconductor IC design and development company that focuses on 5G and artificial intelligence chips and platforms. In 2022, the company was awarded as the Hangzhou Unicorn & Quasi-unicorn Enterprise. Some branch offices also have been set up in Nanjing, Beijing, and Xi'an. The CEO of the company Junqiang Li, graduated from Tsinghua University and worked for Samsung in Korea. BlueWave has cooperated with State Grid, China Mobile, China Unicom, and the Chinese Academy of Science. In July 2026, BlueWave raised a series A+ funding from Wuhan High-tech Industry Investment Private Fund Management, Chengdu Science and Technology Venture Capital Group, Jiande State Own, Transfar Group, Zhejiang Xinhua Chemical Co., Ltd, Toread Holdings Group Co., Ltd., ZJKF Capital Management, individual investor Hua Canqiao and other investors.

BlueWave has self-developed 5G and future standard mobile baseband modem capabilities, and a broad-spectrum product line for 5G RedCap (R17, R18), eMBB, and future communication standards for IoT and Telematics application scenarios for full coverage and shipment. The company's products can cover communication baseband algorithms, RF, ASICs, SoC architectures, and software platforms.

The company's revenue is generated through manufacturing and sales of 5G and AI IoT, mobile and Telematics IC chips and related products, sales of special equipment for semiconductor devices, IC chip design, and services. 

The company will use the latest funding for ramping up production capacity and delivering chips in batches, expanding domestic and international markets and channels, iterative upgrades of 5G and NR-NTN series chips, R&D of industry-customized dedicated chips, implementation of lightweight AI technology innovation on the edge, and pre-research of some key 6G technologies.

## Funding rounds

- Series A, Jul 31, 2026 — Chengdu Science and Technology Venture Capital Group, ZJKF Capital Management, Toread Holdings Group Co., Ltd., Transfar Group, Jiande State Own, Wuhan High-tech Industry Investment Private Fund Management
- Series A, Sep 21, 2025 — Front VC Capital

## Investors

- Front VC Capital (https://capitalatlas.ai/funds/front-vc-capital) — Series A
- Chengdu Science and Technology Venture Capital Group (https://capitalatlas.ai/funds/chengdu-science-and-technology-venture-capital-group) — Series A
- ZJKF Capital Management (https://capitalatlas.ai/funds/zjkf-capital-management) — Series A
- Toread Holdings Group Co., Ltd. — Series A
- Transfar Group — Series A
- Jiande State Own — Series A
- Wuhan High-tech Industry Investment Private Fund Management (https://capitalatlas.ai/funds/wuhan-high-tech-industry-investment-private-fund-management) — Series A