# Glory Photonics Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/glory-photonics-technology-co

- Industry: Electronics
- Headquarters: Suzhou, China
- Website: www.gloryphotonics.com
- Total disclosed funding: $1.5M
- Latest round: Series A (Sep 25, 2023)
- Investors on record: 4

## About

Established in 2021 and based in Suzhou, China, Glory Photonics Technology Co., Ltd. operates as an advanced laser developer. The company acquired investment from northern lights venture capital in 2021. The company developed engineering prototype 2.0 and 100 MW perovskite photovoltaic production line laser equipment in 2020. In September 2023, the firm raised series A+ funding led by new investor Zaishi Capital. Other returning investor Northern Light Venture Capital and new investor Fortune Capital also participated in the round.


The company provides laser light source for many industries, such as semiconductors and chips, new energy vehicles. The company's products include high power ultrashort pulse laser, high power short pulse laser and high power CW laser. The company's solutions include semiconductors and chips, new energy vehicles, and medical devices. Medical devices include intracranial implant, medical surgical needle and medical scalpel.

The company will use the series A+ funding for the development of a new generation of kilowatt-class disk lasers, as well as perovskite component scribing equipment.

## Funding rounds

- Series A, Sep 25, 2023 — NLVC, Fortune Capital, Zaishi Capital
- Series A, May 8, 2022, $1.5M — NLVC, Suzhou International Development Venture Capital Holding
- Angel, Feb 2, 2021 — NLVC

## Investors

- NLVC (https://capitalatlas.ai/funds/nlvc) — Angel, Series A
- Suzhou International Development Venture Capital Holding (https://capitalatlas.ai/funds/suzhou-international-development-venture-capital-holding) — Series A
- Fortune Capital — Series A
- Zaishi Capital (https://capitalatlas.ai/funds/zaishi-capital) — Series A