# Poncan Semiconductor Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/poncan-semiconductor-co

- Industry: Semiconductors
- Headquarters: Hangzhou, China
- Website: www.poncansemi.com/
- Total disclosed funding: $15M
- Latest round: Series B (Jun 10, 2026)
- Investors on record: 11

## About

Based in Hangzhou, China, and founded in 2019, Poncan Semiconductor Co. Ltd. provides optical interconnection foundations and semiconductor solutions for the technology industry. Co-founded by semiconductor executives and experts from Marvell, Realtek and Qualcomm, the company focuses on developing time sensitive passive optical network technology for edge artificial intelligence applications. The founder and chairman is Mr. Chunchao Li. In June 2026, the company raised over CNY 100 million in series B funding.

The company has developed the industrial control network technology based on optical transmission, which is called PonCAN. It is a network communication platform designed for robots and industrial control. It also provides data transmission and industrial control network reference solutions for electric vehicles, autonomous driving and industry 4.0. Its SOC chip has also been completed and is cooperating with enterprises in the fields of robots and whole house intelligent energy.

The company generates revenue from the design and sale of software defined network system on chips, optical communication chips, system modules and related hardware reference designs to original equipment manufacturers and enterprise clients.

The company plans to use the series B funding to advance the in vehicle verification, automotive grade certification, and mass production of the world's first automotive time sensitive passive optical network chip, while accelerating the research, development, and commercial application of next generation products for artificial intelligence data center photoelectric interconnections, embodied intelligent optical neural networks, and Industry 4.0 optical networks.

## Funding rounds

- Series B, Jun 10, 2026, $15M — Casstar Capital, Safe & Rich Venture Capital, Fujian IT Equity Investment Management, Jiangsu Yunrongtong Network Communication, Yofc Fund
- Series B, Jun 24, 2025 — Wuhan OVC Venture Capital
- Series A, Jan 28, 2021 — Walden Catalyst, Vulcan, Chenhui Venture Partners, Shenzhen Haichuang Fund Management, Southern Innovation Fund

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Series A
- Vulcan (https://capitalatlas.ai/funds/vulcan) — Series A
- Chenhui Venture Partners (https://capitalatlas.ai/funds/chenhui-venture-partners) — Series A
- Shenzhen Haichuang Fund Management — Series A
- Southern Innovation Fund — Series A
- Wuhan OVC Venture Capital (https://capitalatlas.ai/funds/wuhan-ovc-venture-capital) — Series B
- Casstar Capital (https://capitalatlas.ai/funds/casstar-capital) — Series B
- Safe & Rich Venture Capital (https://capitalatlas.ai/funds/safe-rich-venture-capital) — Series B
- Fujian IT Equity Investment Management (https://capitalatlas.ai/funds/fujian-it-equity-investment-management) — Series B
- Jiangsu Yunrongtong Network Communication — Series B
- Yofc Fund (https://capitalatlas.ai/funds/yofc-fund) — Series B