# North Ocean Photonics Startup profile on Capital Atlas: https://capitalatlas.ai/startups/north-ocean-photonics - Industry: Industrial Machinery - Headquarters: Shanghai, China - Website: www.nophotonics.com - Total disclosed funding: $149M - Latest round: Series C (Apr 10, 2026) - Investors on record: 27 ## About Based in Shanghai, China and established in 2016, Shanghai North Ocean Photonics Technology Co., Ltd., trading as North Ocean Photonics,is an opto electronics company, focusing on wafer-level optics and optical integration. The company has achieved more than 10KK level product shipments in the field of wafer-level optics and has built the Shanghai Lingang base in 2021. It has hundreds of patents and inventions, including more than one hundred domestic patents, and more than ten PCT and US patents and overseas patents. Also, there are awards received, such as the 2021 China AR Industry Honor Roll. As for the core R&D team, the composition includes professors and doctors from opto electronic institutes. In April 2026, North Ocean Photonics raised approximately CNY 400 million in Series C+ funding from Walden Catalyst, with participation from Zhengye Fund, YF Capital, Kinzon Capital and Haiwang Capital. The company mainly produces opto electronic products, which currently include three major product lines: 3D imaging and machine vision, new augmented reality (AR) display, and automotive and liar. Specific products include DOE products in the field of micro and nano/diffractive optics, a product that etches continuous relief structures on fused silica, glass or polymer material substrates to control the propagation behavior of light through complex relief structures. It can be used in laser material processing, laser display and illumination, glass cutting, etc. The company’s revenue is generated by sales of optical components, AR display modules, and Liar solutions for consumer electronics and automotive applications. ## Funding rounds - Series C, Apr 10, 2026, $59M — Walden Catalyst, YF Capital, Kinzon Capital, Zhengye Fund, Haiwang Capital - Series C, Dec 31, 2025 — Oriza Holdings, TCL Capital, Winreal Investment, Bank of China Asset Management, Fortera Capital, Bank of Communications Investment, Shanghai State-owned Capital Investment Leading Fund - Series C, May 17, 2023 — Intel Capital, Future Capital Discovery Advisory (Hong Kong) Limited, Chenhui Venture Partners, Zhengye Fund, Haiwang Capital, Yangtze River Delta Digital Culture Fund Management - Series B, Nov 22, 2021, $63M — Walden Catalyst, Oriza Holdings, YF Capital, Kinzon Capital, Future Capital Discovery Advisory (Hong Kong) Limited, Source Code Capital, Chenhui Venture Partners, Vision Plus Capital, CCB Private Equity Investment Management, Linchuang Capital, Winsdom Capital, Zhangjiang Torch Investment, Zhengye Fund - Series B, Mar 23, 2020, $28M — Walden Catalyst, CMB International Asset Management, Kinzon Capital, Joy Capital, Chenhui Venture Partners, Vision Plus Capital, Casstar Capital, Oriza Holdings - Series A, May 7, 2018 — Walden Catalyst, Vision Plus Capital, Casstar Capital - Series A, Dec 29, 2017 — Sunny Optical Technology, Kinzon Capital, Chenhui Venture Partners, Shenzhen Aeternam Stella Finance Holding Co., Ltd - Angel, Jun 15, 2017 — Chenhui Venture Partners ## Investors - Chenhui Venture Partners (https://capitalatlas.ai/funds/chenhui-venture-partners) — Angel, Series A, Series B, Series C - Sunny Optical Technology — Series A - Kinzon Capital (https://capitalatlas.ai/funds/kinzon-capital) — Series A, Series B, Series C - Shenzhen Aeternam Stella Finance Holding Co., Ltd — Series A - Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series A, Series B, Series C - Vision Plus Capital (https://capitalatlas.ai/funds/vision-plus-capital) — Series A, Series B - Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series A, Series B - CMB International Asset Management (https://capitalatlas.ai/funds/cmb-international-asset-management) — Series B - Joy Capital (https://capitalatlas.ai/funds/joy-capital) — Series B - Oriza Holdings (https://capitalatlas.ai/funds/oriza-holdings) — Series B, Series C - YF Capital (https://capitalatlas.ai/funds/yf-capital) — Series B, Series C - Future Capital Discovery Advisory (Hong Kong) Limited (https://capitalatlas.ai/funds/future-capital-discovery-advisory-hong-kong-limited) — Series B, Series C - Source Code Capital (https://capitalatlas.ai/funds/source-code-capital) — Series B - CCB Private Equity Investment Management (https://capitalatlas.ai/funds/ccb-private-equity-investment-management) — Series B - Linchuang Capital (https://capitalatlas.ai/funds/linchuang-capital) — Series B - Winsdom Capital (https://capitalatlas.ai/funds/winsdom-capital) — Series B - Zhangjiang Torch Investment (https://capitalatlas.ai/funds/zhangjiang-torch-investment) — Series B - Zhengye Fund (https://capitalatlas.ai/funds/zhengye-fund) — Series B, Series C - Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series C - Haiwang Capital (https://capitalatlas.ai/funds/haiwang-capital) — Series C - Yangtze River Delta Digital Culture Fund Management (https://capitalatlas.ai/funds/yangtze-river-delta-digital-culture-fund-management) — Series C - TCL Capital (https://capitalatlas.ai/funds/tcl-capital) — Series C - Winreal Investment (https://capitalatlas.ai/funds/winreal-investment) — Series C - Bank of China Asset Management — Series C - Fortera Capital (https://capitalatlas.ai/funds/fortera-capital) — Series C - Bank of Communications Investment (https://capitalatlas.ai/funds/bank-of-communications-investment) — Series C - Shanghai State-owned Capital Investment Leading Fund (https://capitalatlas.ai/funds/shanghai-state-owned-capital-investment-leading-fund) — Series C