# Union Optech Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/union-optech-co

- Industry: Electronics
- Headquarters: Zhongshan, China
- Website: www.union-optech.com
- Total disclosed funding: $22M
- Latest round: Series D (Aug 1, 2015)
- Investors on record: 3

## About

Founded in 2005 and based in Zhongshan, China, Union Optech Co., Ltd. focusing on photoelectric product design, precision processing and intelligent manufaturing. In August 2016, Union Optech Co., Ltd. raised CNY 341.5 million in an IPO, selling 21.4 million shares at CNY15.96 per share at Shenzhen Stock exchange, under the ticker "300691". Union Optech Co., Ltd.'s core products include high-end optical zoom lenses, 4K laser displays, SLR and mobile phone camera lenses, and intelligent optical systems for video surveillance, automotive imaging, and virtual reality. The company generates revenue primarily through the sale of customized optical imaging products and solutions, with over 8% of its annual revenue reinvest into R&D to support long-term growth. The company holds over 700 patents in the future it will keep operating its own research center to drive innovation and maintain its competitive edge.

## Funding rounds

- Series D, Aug 1, 2015, $2M — WestSummit Capital
- Series C, Mar 12, 2014, $14M — Legend Capital, Kaiwu Capital
- Series B, Mar 20, 2012, $6.3M — WestSummit Capital

## Investors

- WestSummit Capital (https://capitalatlas.ai/funds/westsummit-capital) — Series B, Series D
- Legend Capital — Series C
- Kaiwu Capital (https://capitalatlas.ai/funds/kaiwu-capital) — Series C