# LuminWave

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

- Industry: Hardware
- Headquarters: Hangzhou, China
- Website: www.luminwave.com.cn
- Total disclosed funding: $28M
- Latest round: Series B (Apr 2, 2022)
- Investors on record: 11

## About

Based in Hangzhou, China and founded in 2018, Hangzhou LuminWave Technology Co.,Ltd., trading as LuminWave, operates as a provider of LiDAR and 3D sensor that focuses on the development of solid-state chip-level LiDAR. The company has branch offices in Xi'an and Los Angeles. It has acquired ISO9001, ISO14001, ISO45001 certification and more than 60 invention patents. It cooperates with Great Wall Motors and Shaanxi Automobile Heavy Truck, etc. Founder and CEO, Feng Ningning holds a PhD in Photonics from Mc Master, Canada, and is a postdoctoral researcher in Materials Science and Engineering at MIT. Founder Sun Xiaochen holds a Bachelor of Physics from Peking University and a PhD in Materials Science and Engineering from MIT. The company was rated as a National High-tech Enterprise, a National Innovative SMEs, and a Zhejiang Specialized, Refined, Featured and Original SMEs. In December 2025, LuminWave raised a strategic investment from new investor Casstar Capital.
The company has developed silicon photonic integrated frequency modulated continuous wave coherent detection technology, silicon photonic solid-state scanning technology and other technologies. Its products can be divided into 3D series, HP series and F series, including high-precision FMCW LiDAR, DM camera, HP1 laser ranging sensor, etc. Its technologies and products are used in intelligent driving, smart logistics, industrial automation, robotics and other industries.
The company generates revenue by providing LiDAR, 3D sensors and the corresponding hardware and software platforms. The company will focus on its technological advancements, mass production, and market expansion in the fields of lidar and 3D vision sensing.

## Funding rounds

- Series B, Apr 2, 2022, $20M — Huagai Capital, Light Silver Capital, Anxin Capital, Oceanpine Capital, Shenzhen Cuckoo Capital Investment CO.,Ltd., Value Capital Partners, Nuoyan Capital
- Series A, Feb 22, 2021, $7.7M — Huagai Capital, Light Silver Capital, Caitong Capital, Bugu Tianque Investmnet
- Angel, Jun 24, 2019 — Frees Fund, Casstar Capital

## Investors

- Frees Fund (https://capitalatlas.ai/funds/frees-fund) — Angel
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Angel
- Huagai Capital (https://capitalatlas.ai/funds/huagai-capital) — Series A, Series B
- Light Silver Capital (https://capitalatlas.ai/funds/light-silver-capital) — Series A, Series B
- Caitong Capital (https://capitalatlas.ai/funds/caitong-capital) — Series A
- Bugu Tianque Investmnet — Series A
- Anxin Capital (https://capitalatlas.ai/funds/anxin-capital) — Series B
- Oceanpine Capital (https://capitalatlas.ai/funds/oceanpine-capital) — Series B
- Shenzhen Cuckoo Capital Investment CO.,Ltd. — Series B
- Value Capital Partners (https://capitalatlas.ai/funds/value-capital-partners) — Series B
- Nuoyan Capital — Series B