# Evolusia

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

- Industry: Semiconductors
- Headquarters: Shenzhen, China
- Website: www.evolusia.cn
- Total disclosed funding: $15M
- Latest round: Series A (Apr 14, 2023)
- Investors on record: 7

## About

Based in Shenzhen, China, and was founded in 2021. Evolution Semiconductor (Shenzhen) is a company that focuses on the research and development and manufacture of semiconductor materials. The company raised angel funding led by Vertex Ventures China. In April 2023, it raised approximately CNY 100 million co-led by new investors Cowin Capital and China Union Auto Fund. The company is headquartered in Shenzhen and has a crystal equipment and process R&D production base and a material simulation R&D center.

The company is engaged in the development, production, and sales of fourth-generation semiconductor gallium oxide (Ga2O3) wafers.

## Funding rounds

- Series A, Apr 14, 2023, $15M — Cowin Capital, Suzhou International Development Venture Capital Holding, Zheshang Venture Capital, Shenzhen HTI, Vertex Ventures China, Tairong Venture Capital, China Union Auto Fund
- Angel, Aug 4, 2021 — Vertex Ventures China

## Investors

- Vertex Ventures China (https://capitalatlas.ai/funds/vertex-ventures-china) — Angel, Series A
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series A
- Suzhou International Development Venture Capital Holding (https://capitalatlas.ai/funds/suzhou-international-development-venture-capital-holding) — Series A
- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series A
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series A
- Tairong Venture Capital (https://capitalatlas.ai/funds/tairong-venture-capital) — Series A
- China Union Auto Fund — Series A