# Hefei Shengteng Semiconductor Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hefei-shengteng-semiconductor-technology-co

- Industry: Semiconductors
- Headquarters: Hefei, China
- Website: www.wxs-tech.com
- Total disclosed funding: $15M
- Latest round: Series B (Sep 1, 2023)
- Investors on record: 6

## About

Founded in 2019 and based in Hefei, China, Hefei Shengteng Semiconductor Technology Co., Ltd. is a semiconductor company that provides semiconductor equipment parts. It has established partnerships with SMIC, AMEC, SK Hynix, etc. Defu Sun, the founder of the company, used to be the engineer of the thin film department of Hynix and the sales manager of the ion implantation department of Jinrong Electronic Technology. In 2013, the company started the maintenance business of vacuum valve components. In September 2023, Hefei Shengteng Semiconductor Technology Co., Ltd. raised more than CNY 100 million in series B1 funding. As of 2023, the management team has 16 employees and have over 10 years of industry experience.

The company's main business is to provide fabs with core components of semiconductor equipment and corresponding cleaning, replacement, processing, and maintenance products and services. The company's cleaning services include polishing and mold removal, chemical cleaning, and ultrasonic cleaning. It mainly serves industries such as IC semiconductor, LED, TFT, and solar.

In 2021, the company's operating income was CNY 60 million.

## Funding rounds

- Series B, Sep 1, 2023, $14M — October Capital, Qingdao S&t Venture Capital Co., Ltd., Hefei Guoxin Capital, China Southern Equity
- Series A, May 23, 2022, $1.5M — MTM Capital, Hongta Venture

## Investors

- MTM Capital (https://capitalatlas.ai/funds/mtm-capital) — Series A
- Hongta Venture (https://capitalatlas.ai/funds/hongta-venture) — Series A
- October Capital (https://capitalatlas.ai/funds/october-capital) — Series B
- Qingdao S&t Venture Capital Co., Ltd. — Series B
- Hefei Guoxin Capital — Series B
- China Southern Equity (https://capitalatlas.ai/funds/china-southern-equity) — Series B