# Lannray

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

- Industry: Materials
- Headquarters: Hangzhou, China
- Website: www.lannray.com/
- Latest round: Series C (Feb 13, 2026)
- Investors on record: 9

## About

Based in Hangzhou, China and founded in 2015, Lannray Optoelectronics (Hangzhou) Co., Ltd., trading under the name Lannray, provides organic flexible electrochromic smart films for the electronics industry. The company integrates its smart films with traditional glass to create intelligent glass solutions. In February 2026, the company raised series C funding led by Yuexiu Industrial Investment Funds Management, with participation from Ningbo Haishu Industrial Investment, Changzhou Municipal Government Investment Fund Management, and Changzhou Hi-tech Venture Capital.

The company works with automotive manufacturers and construction firms to provide organic flexible electrochromic smart films integrated with traditional glass. These solutions optimize natural light and internal temperatures to achieve energy savings.

The company generates revenue from the direct sale of electrochromic films and smart glass solutions to automotive manufacturers and construction firms.

The company plans to use the series C funding to construct and operate its Changzhou production base and upgrade its Ningbo research and development center. This expansion will support the delivery of automotive and consumer electronics film products while establishing production capacity for large-scale development.

## Funding rounds

- Series C, Feb 13, 2026 — Yuexiu Industrial Investment Funds Management, Changzhou Hi-tech Venture Capital, Changzhou Municipal Government Investment Fund Management, Ningbo Haishu Industrial Investment
- Series B, Jun 1, 2023 — Hong Shan, Luminous Ventures
- Series B, Jun 1, 2021 — Skyworth
- Series A, Jun 1, 2017 — Phoenix Venture Partners, Corning Incorporated

## Investors

- Phoenix Venture Partners — Series A
- Corning Incorporated — Series A
- Skyworth (https://capitalatlas.ai/funds/skyworth) — Series B
- Hong Shan — Series B
- Luminous Ventures — Series B
- Yuexiu Industrial Investment Funds Management (https://capitalatlas.ai/funds/yuexiu-industrial-investment-funds-management) — Series C
- Changzhou Hi-tech Venture Capital — Series C
- Changzhou Municipal Government Investment Fund Management (https://capitalatlas.ai/funds/changzhou-municipal-government-investment-fund-management) — Series C
- Ningbo Haishu Industrial Investment — Series C