# Raysea Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/raysea-technology

- Industry: Electronics
- Headquarters: Hangzhou, China
- Website: www.rayseesc.com
- Total disclosed funding: $29M
- Latest round: Series A (Sep 9, 2020)
- Investors on record: 5

## About

Based in Hangzhou, China, and established in 2017, Raysea Technology is an electronic company that provides customers with VCSEL chips and related services. The team members have 20 years of experience in product design and manufacturing in the VCSEL company. The company has been awarded Top 10 in the Growth Group of the 8th Tsinghua Alumni Sanchuang Competition for Integrated Circuits and Internet of Things Global Finals and first prize in the Enterprise Group of the 8th Makers of China Zhejiang Competition and Zhejiang Good Project Innovation and Entrepreneurship Competition for Small and Medium-sized Enterprises. In April 2024, it closed a series B funding.

The company is committed to providing VCSEL chips for consumer electronics, data communication, and in-vehicle applications. Its VCSEL chips have the advantages of high photoelectric conversion efficiency, low cost, small divergence angle, and so on, which can be used in the fields of 3D identification sensing, optical communication, and optical interconnection.

The company generates revenue by providing consumer electronics products and chips for data communication and in-vehicle applications.

The company will use the series B funds for the commercialization of vehicle-grade VCSEL chips and the product iteration of optical communication application chips.

## Funding rounds

- Series A, Sep 9, 2020, $29M — Puhua Capital, Tendence Capital, Rongze Tongyuan Fund, Yanyuan Innovation Investment, FTZ Fund

## Investors

- Puhua Capital (https://capitalatlas.ai/funds/puhua-capital) — Series A
- Tendence Capital (https://capitalatlas.ai/funds/tendence-capital) — Series A
- Rongze Tongyuan Fund (https://capitalatlas.ai/funds/rongze-tongyuan-fund) — Series A
- Yanyuan Innovation Investment (https://capitalatlas.ai/funds/yanyuan-innovation-investment) — Series A
- FTZ Fund (https://capitalatlas.ai/funds/ftz-fund) — Series A