# HONEST

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

- Industry: Semiconductors
- Headquarters: Hangzhou, China
- Website: ounuo.aoxu88.cn/
- Latest round: Series A (May 8, 2026)
- Investors on record: 2

## About

Hangzhou Honest Semiconductor, located in China, specializes in semiconductor manufacturing, focusing on delivering innovative solutions to improve operational efficiency for various industries.Established in 2023, Hangzhou Honest Semiconductor is a pioneering company dedicated to semiconductor manufacturing. The firm operates from its headquarters in Hangzhou, China and is involved in three significant deals to date. The company's founder has a strong background in the semiconductor sector, positioning HONEST for future advancements. The most recent deal took place on May 8, 2026.HONEST specializes in providing innovative semiconductor solutions aimed at enhancing user experience and operational efficiency. Their primary offerings include a suite of software applications tailored to meet challenges in technology, logistics, and retail sectors. These solutions streamline workflows, assist with data management, and provide analytical insights, enabling businesses to make informed decisions. HONEST serves a diverse clientele ranging from small enterprises to large corporations across North America, Europe, and parts of Asia, ensuring increased productivity and improved service delivery.The revenue model of HONEST is primarily subscription-based, allowing clients to access its products continuously. This approach fosters long-term client relationships and ensures a consistent cash flow. The service tiers offered vary in functionality and support, catering to both individual users and corporate clients. Their flagship products are priced based on features, reinforcing the company's engagement with clients and driving steady revenue growth.In May 2026, HONEST raised an undisclosed amount in a Series A funding round led by Zheshang Venture Capital. The company plans to utilize this funding for product research and development, capacity expansion, and market development, further solidifying its position in the semiconductor furnace equipment field. Future initiatives include the launch of new products and an expansion into additional markets, although specific details on product timelines and targeted geographic regions are yet to be announced.

## Funding rounds

- Series A, May 8, 2026 — Zheshang Venture Capital
- Angel, Oct 9, 2024 — Xingcheng Capital

## Investors

- Xingcheng Capital (https://capitalatlas.ai/funds/xingcheng-capital) — Angel
- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series A