# Yimei Xinguang (Beijing) Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/yimei-xinguang-beijing-technology

- Industry: Semiconductors
- Headquarters: Beijing, China
- Website: www.shineon.cn
- Total disclosed funding: $65M
- Latest round: Series D (Sep 25, 2023)
- Investors on record: 6

## About

Founded in 2010 and based in Beijing, China, Yimei Xinguang (Beijing) Technology operates as a LED packaging and module solutions provider that provides high-brightness LED packaging technology. The company belongs to Yimei Industry Group and has established subsidiary in Shenzhen. It was honoured by Deloitte as one of the top 50 high-tech high-growth companies in China, the Red Herring Global 100, and the Overseas Chinese Entrepreneurial Team of the State Council Overseas Chinese Affairs Office. The LM80 laboratory, the ISO9001 quality management system, and professional ERP/MES system have been established. The company has obtained nearly 200 international and domestic patents. In September 2023, it raised series D funding.

The company's products can be categorized into two series, which are components and modules. The company specializes in the development and application of high brightness LED packaging technology. The main products are SMD, backlight application category, COB, and DOB. Specific models within include SOM2835, MT-13AB, MC-13BT, MT-18AA. The products have served industries including backlight, lighting, general lighting, special lighting, flash and commercial lighting.

## Funding rounds

- Series D, Sep 25, 2023, $14M — Youshan Capital, Anhui Xinxin Asset Management
- Series B, Apr 25, 2011, $1.5M — Mayfield Fund, GSR Ventures, NLVC, IDG Capital
- Series A, Dec 9, 2010, $50M — GSR Ventures, NLVC, IDG Capital

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Series A, Series B
- NLVC (https://capitalatlas.ai/funds/nlvc) — Series A, Series B
- IDG Capital (https://capitalatlas.ai/funds/idg-capital) — Series A, Series B
- Mayfield Fund (https://capitalatlas.ai/funds/mayfield-fund) — Series B
- Youshan Capital (https://capitalatlas.ai/funds/youshan-capital) — Series D
- Anhui Xinxin Asset Management (https://capitalatlas.ai/funds/anhui-xinxin-asset-management) — Series D