# Suzhou Cowin Laser Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/suzhou-cowin-laser-technology-co

- Industry: Industrial Machinery
- Headquarters: Suzhou, China
- Website: www.cowinsz.com.cn
- Total disclosed funding: $15M
- Latest round: Series B (Mar 23, 2023)
- Investors on record: 9

## About

Founded in 2018 and based in Suzhou, China, Suzhou Cowin Laser Technology Co., Ltd. was jointly established by Wuhan Jingce Group and South Korea Cowin. The company focuses on laser repair, cutting, and automation solutions for display and semiconductor applications. Its key products include fully automated polarizing film cutting and flexible OLED laser systems. The company operates an R&D-driven facility with over 5,400 square meters of space, including 3,000 square meters of cleanroom, and employs a research team where 46% of staff are R&D specialists. Cowin Laser partners with major clients such as BOE, IVO, and Truly. In November 2025, the company closed a round of strategic invesment from Sichuan Cooperation Renewal Capital.

The company's main business is the development, manufacturing, sales, and maintenance of laser application equipment in three industry sectors: panel display, PCB (printed circuit board) and semiconductor. The self-developed products include laser repair products, laser cutting products, and LED equipment, which are used in the field of display panels,3C electronics, semiconductor lasers, biomedical, new energy, solar cell and auto parts hardware.

The company generates revenue from the sale of laser repair and cutting systems, technical services and customized automation solutions.

Suzhou Cowin Laser Technology Co., Ltd. plans to relocate its headquarters to Sichuan to establish a new laser technology R&D center and production facility, strengthen its role within Sichuan’s laser and display industry chain and enhance domestic innovation in precision laser manufacturing.

## Funding rounds

- Series B, Mar 23, 2023, $15M — Essence Capital, Yisheng Fund
- Series A, Feb 23, 2022 — Qianrong Capital, TCL Capital
- Series A, May 8, 2021 — Hefei State-Owned Assets Holding, Hua Ventures, Jaic WuZhong Guofa Capital, Suzhou Wuzhong Rongyue Investment Management, Wuzhong Financial Holdings Capital

## Investors

- Hefei State-Owned Assets Holding (https://capitalatlas.ai/funds/hefei-state-owned-assets-holding) — Series A
- Hua Ventures (https://capitalatlas.ai/funds/hua-ventures) — Series A
- Jaic WuZhong Guofa Capital (https://capitalatlas.ai/funds/jaic-wuzhong-guofa-capital) — Series A
- Suzhou Wuzhong Rongyue Investment Management — Series A
- Wuzhong Financial Holdings Capital (https://capitalatlas.ai/funds/wuzhong-financial-holdings-capital) — Series A
- Qianrong Capital (https://capitalatlas.ai/funds/qianrong-capital) — Series A
- TCL Capital (https://capitalatlas.ai/funds/tcl-capital) — Series A
- Essence Capital — Series B
- Yisheng Fund — Series B