# Hebei Sylight Crystal Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hebei-sylight-crystal-co

- Industry: Materials
- Headquarters: Baoding, China
- Website: www.synlight.cn
- Total disclosed funding: $211M
- Latest round: Series F (Dec 2, 2023)
- Investors on record: 12

## About

Established in 2012 and based in Baoding, China. Hebei Sylight Crystal Co., Ltd is a material company that engages in the research and development, manufacture, and sales of silicon carbide substrates. In 2012, Synlight Crystal established the Academician Workstation, Joint Laboratory of SiC mano-crystalline Material and Application Research, and Semiconductor Research Achievement Transformation Base of the Chinese Academy of Sciences. The company has undertaken several R&D projects for SiC materials. In December 2023, Hebei Sylight Crystal Co., Ltd raised CNY 1.5 billion in series F funding.

The company specializes in the research and production of third-generation semiconductor material silicon carbide substrates. The main products include 4-inch and 6-inch SiC conductive substrates and semi-insulating substrates, which can be used in the fields of power semiconductors and radio frequency semiconductors. The product has been sold to device manufacturers and research institutions in Europe, America, and other places.

## Funding rounds

- Series F, Dec 2, 2023, $211M — Shenzhen Capital Real Estate Fund, China Development Bank Capital, Hebei Province Jicai Industrial Equity Investment Fund, Baoding High tech Zone Entrepreneurship Investment
- Series D, May 20, 2021 — New Alliance Capital, V Fund, BAIC Capital, Broadstream Capital, Boyan Capital
- Series C, Jan 22, 2021 — CPE Funds Management
- Series B, Dec 30, 2020 — Shanhai Capital
- Series B, Dec 30, 2020 — Shanhai Capital
- Series A, Dec 3, 2020 — SDIC Venture Capital

## Investors

- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series A
- Shanhai Capital (https://capitalatlas.ai/funds/shanhai-capital) — Series B
- CPE Funds Management (https://capitalatlas.ai/funds/cpe-funds-management) — Series C
- New Alliance Capital (https://capitalatlas.ai/funds/new-alliance-capital) — Series D
- V Fund (https://capitalatlas.ai/funds/v-fund) — Series D
- BAIC Capital (https://capitalatlas.ai/funds/baic-capital) — Series D
- Broadstream Capital (https://capitalatlas.ai/funds/broadstream-capital) — Series D
- Boyan Capital (https://capitalatlas.ai/funds/boyan-capital) — Series D
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series F
- China Development Bank Capital — Series F
- Hebei Province Jicai Industrial Equity Investment Fund — Series F
- Baoding High tech Zone Entrepreneurship Investment — Series F