# TBSTest Technology

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

- Industry: Semiconductors
- Headquarters: Hefei, China
- Website: www.bjtbstest.com
- Total disclosed funding: $23M
- Latest round: Series B (Jul 30, 2021)
- Investors on record: 10

## About

Based in Hefei, China and established in 2017, Yuexin Technology Co., Ltd., trading as TBSTest technology, is a technology company that focuses on R&D, production and sales of integrated circuit (IC) automatic test (ATE) equipment. The company has branch offices in cities such as Beijing, Xi'an and Shenzhen, China. 

In May 2026, TBSTest Technology closed a round of strategic investment from Richen Capital.

TBSTest Technology's main products include large-scale SoC (System on Chip) ATE system used in the engineering development, verification and mass production for SoC chips; Memory ATE system used in LPDDR, DDR4, DDR5 and other IC verification, screening and mass production testing; and IGBT (Insulated-Gate Bipolar Transistor) power device testing systems. The company also provides services such as custom equipment maintenance, training services and original spare parts.

The company’s revenue is generated by manufacturing and selling semiconductor and IC test equipment.

The company will use the funding from Richen Capital in May 2026 for product research and development, capacity expansion, and market development, accelerating technological innovation and the process of domestic substitution in high-end domestic semiconductor testing equipment.

## Funding rounds

- Series B, Jul 30, 2021, $23M — Cowin Capital, SDIC Venture Capital, Anhui Guoyao Venture Capital Management, MTM Capital, SinoKing Capital
- Series A, Apr 2, 2020 — Anhui Guoyao Venture Capital Management, Shenzhen Inovance Technology
- Series A, Jan 10, 2019 — Walden Catalyst, ECC Capital, Grand Yangtze Capital, Hefei Haiheng Investment Holding Group
- Angel, Jan 25, 2018 — Walden Catalyst

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Angel, Series A
- ECC Capital (https://capitalatlas.ai/funds/ecc-capital) — Series A
- Grand Yangtze Capital (https://capitalatlas.ai/funds/grand-yangtze-capital) — Series A
- Hefei Haiheng Investment Holding Group — Series A
- Anhui Guoyao Venture Capital Management (https://capitalatlas.ai/funds/anhui-guoyao-venture-capital-management) — Series A, Series B
- Shenzhen Inovance Technology — Series A
- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series B
- SDIC Venture Capital (https://capitalatlas.ai/funds/sdic-venture-capital) — Series B
- MTM Capital (https://capitalatlas.ai/funds/mtm-capital) — Series B
- SinoKing Capital (https://capitalatlas.ai/funds/sinoking-capital) — Series B