# HGC Lighting Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hgc-lighting-solutions

- Industry: Electronics
- Headquarters: Wuhan, China
- Website: www.hgctech-lighting.com
- Total disclosed funding: $31M
- Latest round: Series C (Aug 3, 2023)
- Investors on record: 13

## About

Based in Wuhan, China and founded in 2017, HGC (Wuhan) technology co., LTD., trading as HGC Lighting Solutions, is an innovative high-tech enterprise that focuses on design, development, and production of LED chips and light sources. The company has more than 60 global patents, including over 30 invention patents. As of 2023, there are nearly 200 employees in the company, and 70% of them are the research and development staff. The company has established branches in South China, East China, Singapore, and other cities. The products of the company have passed the quality of CE, RoHS, LM-80, and IATF16949 System Certifications. In 2022, it released 0.4-inch Micro LED Micro-display products. 
In June 2026, HGC Lighting Solutions raised a venture funding from Huayi Venture Capital, Yidao Capital, Chinahope Asset Management, Hangzhou Changjiang Venture Capital, Wuhan Dayineng Private Equity Fund Management Co., Ltd, and Wuhan Optical Valley Financial Holding Group, Rivercity Investment and other investors.

The company provides LED chips and light sources. Specific products include flip-chip LED chips and vertical LED chips, purple chips, UVC band, Mini-LED light, and HGC-UVC sterilization modules. The company’s purple chip has been applied to the field of health, among which the broad-spectrum chip health light source has been promoted in the classrooms of elementary and middle schools. And the sterilization and disinfection products based on the UVC band have entered the home appliance supply chain of well-known brands such as Haier, Midea, Xiaomi, and Sinopharm. The Mini-LED light source products have entered the list of qualified suppliers of two display panel giants at home and abroad.

The company generates revenue by doing R&D, and providing light source chips and optoelectronic devices.

The latest funds will be fully focused on automotive MLED and new display MLED, the two core businesses and three core investment areas: expanding manufacturing lines, continuous technology investment, and expanding customer channels.

## Funding rounds

- Series C, Aug 3, 2023 — Rivercity Investment, Dex Venture Capital, Yiwei (Hainan) Venture Capital
- Series B, Apr 27, 2022, $11M — Hongtai Aplus, Shenzhen Guozhong Venture Capital
- Series B, Dec 30, 2021, $20M — TTGG Ventures, Shenzhen Guozhong Venture Capital, Dex Venture Capital
- Series A, Jan 18, 2021 — China Merchants Capital, HCH Capital, Dongke Chuangxing Venture Capital, Wuhan Qingning Venture Capital Management
- Angel, Jun 1, 2018 — Chang'an Capital, Hubei High Technology, Wuhan Photoelectric Industrial Technology Research Institute

## Investors

- Chang'an Capital (https://capitalatlas.ai/funds/chang-an-capital) — Angel
- Hubei High Technology (https://capitalatlas.ai/funds/hubei-high-technology) — Angel
- Wuhan Photoelectric Industrial Technology Research Institute — Angel
- China Merchants Capital (https://capitalatlas.ai/funds/china-merchants-capital) — Series A
- HCH Capital (https://capitalatlas.ai/funds/hch-capital) — Series A
- Dongke Chuangxing Venture Capital — Series A
- Wuhan Qingning Venture Capital Management — Series A
- TTGG Ventures (https://capitalatlas.ai/funds/ttgg-ventures) — Series B
- Shenzhen Guozhong Venture Capital (https://capitalatlas.ai/funds/shenzhen-guozhong-venture-capital) — Series B
- Dex Venture Capital (https://capitalatlas.ai/funds/dex-venture-capital) — Series B, Series C
- Hongtai Aplus (https://capitalatlas.ai/funds/hongtai-aplus) — Series B
- Rivercity Investment (https://capitalatlas.ai/funds/rivercity-investment) — Series C
- Yiwei (Hainan) Venture Capital — Series C