# Xiamen Teyi Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xiamen-teyi-technology-co

- Industry: Industrial Machinery
- Headquarters: Xiamen, China
- Website: www.teyitech.com
- Total disclosed funding: $30M
- Latest round: Series B (May 24, 2022)
- Investors on record: 8

## About

Established in 2014 and based in Xiamen, China, Xiamen Teyi Technology Co., Ltd. is an electronic equipment company that provides LED screen automatic inspection equipment. The company has established several joint laboratories with Xiamen University, Hefei University of Technology, and other universities. As of December 2020, Teyi Technology has obtained one invention patent and nearly 20 soft and utility model patents. In April 2024, it raised series C funding for nearly CNY 100 million.

The company specializes in the production of manufacturer of automated testing equipment for the optoelectronic semiconductor display industry. Its main products include optical test systems, appearance inspection and AVI, aging test systems, LED inspection equipment, etc. The products are widely used in LCD, OLED, Micro LED, and other semiconductor optoelectronic display fields. The clients include BOE, Huike, and other enterprises.

The company generates revenue by providing testing instruments and industrial automation production equipment.

The company will use the series C funds for new product development iterations. In 2024, Xiamen Teyi Technology Co., Ltd. will develop its business in the fields of future displays, semiconductors, and new energy.

## Funding rounds

- Series B, May 24, 2022, $15M — Zheshang Venture Capital, Xinjunyi Investment, CEC Zhongjin (Xiamen) Intelligent Industry Equity Investment Fund Partnership (Limited Partnership)
- Series A, Aug 3, 2021, $15M — Xinping Capital, China SME Development Fund
- Series A, Mar 12, 2021 — Shanda Capital
- Angel, Apr 17, 2020 — Hi-tech VC, New Young Capital

## Investors

- Hi-tech VC (https://capitalatlas.ai/funds/hi-tech-vc) — Angel
- New Young Capital (https://capitalatlas.ai/funds/new-young-capital) — Angel
- Shanda Capital — Series A
- Xinping Capital — Series A
- China SME Development Fund (https://capitalatlas.ai/funds/china-sme-development-fund) — Series A
- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series B
- Xinjunyi Investment (https://capitalatlas.ai/funds/xinjunyi-investment) — Series B
- CEC Zhongjin (Xiamen) Intelligent Industry Equity Investment Fund Partnership (Limited Partnership) — Series B
