# Sidtek

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

- Industry: Electronics
- Headquarters: Wuhu, China
- Website: www.sidtek.com.cn
- Total disclosed funding: $160M
- Latest round: Series B (Aug 18, 2025)
- Investors on record: 7

## About

Founded in 2016 and based in Wuhu, China, Sidtek is a semiconductor company that provides customers with microdisplay products. The wholly-owned subsidiary Wuhu Micro Display Intelligent Technology was established in 2020. In 2023, it was awarded the honor of Leading Enterprise in 2023 China's New Micro Display Technology. In February 2024, Sidtek raised over CNY 1 billion in series A funding. In August 2025, Sidtek raised CNY 150 millon in Series B funding from new investor Sichuan Industrial Promotion Capital. The company is committed to the research and manufacturing of semiconductor microdisplays. The product types include 0.39", 0.49", and 0.6". The products are widely used in the fields of AR/VR/MR, electronic viewfinder, and micro projector. It also develops high-precision dedicated anodes, high-performance OLED devices, high-reliability thin film packaging, and other technologies. The company generates revenue through the research and development of Micro OLED microdisplays and other related products. The funding raised in August 2025 will focus on the construction of Xitai Technology's second 12-inch silicon-based OLED production line, specializing in the mass production of silicon-based OLED microdisplay devices.

## Funding rounds

- Series B, Aug 18, 2025, $21M — Sichuan Industrial Promotion Capital
- Series A, Feb 6, 2024, $139M — Wuhu Construction Investment, Kunyan Capital, Ruicheng Fund, Sichuan Cooperation Renewal Capital, Wuhu Xingzhong Venture Capital Co., Ltd., Meishan Huantian Private Equity Fund Management

## Investors

- Wuhu Construction Investment — Series A
- Kunyan Capital (https://capitalatlas.ai/funds/kunyan-capital) — Series A
- Ruicheng Fund (https://capitalatlas.ai/funds/ruicheng-fund) — Series A
- Sichuan Cooperation Renewal Capital (https://capitalatlas.ai/funds/sichuan-cooperation-renewal-capital) — Series A
- Wuhu Xingzhong Venture Capital Co., Ltd. — Series A
- Meishan Huantian Private Equity Fund Management — Series A
- Sichuan Industrial Promotion Capital — Series B