# Lemon Photonics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lemon-photonics

- Industry: Electronics
- Headquarters: Shenzhen, China
- Website: www.lemonphotonics.com
- Total disclosed funding: $22M
- Latest round: Series B (Jan 9, 2023)
- Investors on record: 8

## About

Established in 2018 and based in Shenzhen, China, Lemon Photonics is a company founded by a team and institution in the semiconductor laser industry, dedicated to the development of semiconductor electro-optical devices, modules and systems. The company's team won the first prize in the team category in the global finals of the 7th China Innovation and Entrepreneurship Competition - International Semiconductor Specialty in December 2018. In September 2025, Lemon Photonics closed a venture funding from new investor Shenzhen strategic emerging industries Investment.

The company mainly develops, markets and industrializes high performance semiconductor laser chips, modules and light engines. Specifically, the company has established three major technology lines: VCSEL vertical cavity surface emitting lasers, HCSEL horizontal cavity surface emitting lasers and EEL side emitting lasers, and its products are divided into direct semiconductor laser product family and VCSEL chip product family. Currently, the company's products are used in mobile robots, high-end industrial processing, intelligent vehicles and other fields.

The company generates revenue from providing chips for opto-mechanical devices.

## Funding rounds

- Series B, Jan 9, 2023, $15M — Shenzhen HTI, Shenzhen Capital Real Estate Fund, Maxphotonics Co., Ltd., Guangzhou Panyu Industrial Investment
- Series B, May 26, 2021 — Maxscend, Joy Capital, Flyfot Ventures
- Series A, Aug 5, 2019, $7.1M — Joy Capital, Delian Capital
- Series A, Jul 6, 2018 — Joy Capital

## Investors

- Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Series A, Series B
- Delian Capital (https://capitalatlas.ai/funds/delian-capital) — Series A
- Maxscend — Series B
- Flyfot Ventures (https://capitalatlas.ai/funds/flyfot-ventures) — Series B
- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series B
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series B
- Maxphotonics Co., Ltd. — Series B
- Guangzhou Panyu Industrial Investment (https://capitalatlas.ai/funds/guangzhou-panyu-industrial-investment) — Series B