$100M Pre-A for Chuangrui Spectrum
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In a significant step forward for the green technology sector, innovative semiconductor defect detection company Chuangrui Spectroscopy has announced the completion of a nearly 100 million RMB Pre-A round of financing, led by Lightspeed GaoxiangThis new funding will be primarily allocated towards research and development as well as capacity expansion, helping the company build on its already solid foundation of cutting-edge technology.
Since its inception in 2016, Chuangrui Spectroscopy has steadily advanced as a global leader in the industrialization of transient spectroscopy technologyWith a keen understanding of frontier technologies and a relentless pursuit of innovation, the company has emerged as a pioneer in its fieldBy focusing on transient spectroscopy, a key area in scientific research and industrial applications, Chuangrui has built a comprehensive product ecosystem that spans from fundamental scientific research to product transformation and application in advanced manufacturing materials.
The company’s development journey has been long and challenging, but it has succeeded through years of dedicated technological accumulation and a careful approach to system integration
Much like a master craftsman, Chuangrui Spectroscopy has meticulously honed its capabilities in critical technological areas, including spectroscopic systems, lasers, optical parametric oscillators (OPOs), detectors, and automation, achieving a high degree of vertical integrationThis includes the independent research and development (R&D) and manufacturing of core components, as well as the development of proprietary software algorithms and motion control systems, which together create a robust technological “moat” around its operationsThese advancements enable the company to maintain a competitive edge in an increasingly crowded market.
According to Guo Bin, Executive Director of Lightspeed Gaoxiang, Chuangrui Spectroscopy has gathered an exceptional team of experts from top research institutions such as the Chinese Academy of Sciences, Zhejiang University, and Emory University
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This team is focused on the highly specialized field of transient spectroscopy, an area that is particularly scarce in industrial applicationsThe company has developed new high-end testing equipment with significant production guidance value, which has broken through the current limitations of optical testing methodsThese innovations extend into several high-end manufacturing areas, including silicon carbide power devices, perovskite photovoltaic panels, and MicroLED displaysThis has greatly accelerated the commercialization of several emerging fieldsNotably, in the field of silicon carbide (SiC), Chuangrui has already delivered the world’s first set of high-end testing equipment to leading domestic and international companies, setting an industry benchmarkAdditionally, after years of technical accumulation, the company has achieved complete self-sufficiency in the production of key components such as lasers and detectors, breaking the supply chain dominance previously held by foreign giants and building a deep moat in the industry.
Chuangrui Spectroscopy’s research product line includes ultrafast transient absorption spectroscopy systems, ultrafast transient absorption microscopy imaging, nanosecond transient absorption spectroscopy systems, and flash photolysis systems, among others
These products have successfully broken the monopolistic dominance of Western companies, entering nearly a hundred universities and research institutions both domestically and internationallyThe ultrafast spectroscopy system, in particular, has achieved the largest market share in ChinaIn the field of compound semiconductor testing, Chuangrui has established a comprehensive one-stop testing solution, covering everything from substrates to epitaxial layersIn other fields, the company has successfully implemented testing technologies and equipment for perovskite photovoltaic panels, second-generation semiconductor wafers and chips, and MicroLEDs, continuously expanding its market and technological boundaries.
DrChen Yuzhong, CEO of Chuangrui Spectroscopy, commented that in the past year, the company has made significant breakthroughs in SiC wafer defect detectionIt has successfully developed various specialized equipment for non-destructive detection of substrate/epitaxial dislocation defects, point defect detection, and high-speed carrier lifetime detection
These innovations have solved the global challenge of non-destructive detection of SiC substrate dislocation defects for the first timeThis breakthrough technology has been widely recognized in the industry, and the related DiSpec series testing equipment has already been delivered to global customers, with both international and domestic leading clients receiving their first units.
With the successful completion of this Pre-A round of financing, Chuangrui Spectroscopy is now poised for a new phase of growthThe company is determined to seize this opportunity and continue to ramp up its R&D investmentMuch like a warrior striving for greater technological peaks, Chuangrui aims to accelerate the market introduction of industrial testing products such as SiC wafer defect detection and perovskite photovoltaic panel testingThe company plans to showcase its product advantages through product launch events, industry exhibitions, and technical seminars, all while increasing brand visibility and attracting more potential customers.
At the same time, Chuangrui will focus on achieving its mass production and delivery goals
The company intends to optimize its production processes, improve production efficiency, and strengthen quality control to ensure that products are delivered on time and meet the highest quality standardsThis will help meet the rapidly growing market demand and contribute to the global green technology industry by offering more “Chinese wisdom” and “Chinese solutions” to the world.
Chuangrui Spectroscopy’s commitment to advancing green technologies is clear, and its strategic focus on key areas like SiC wafer defect detection and the expansion into new high-end manufacturing sectors positions the company as a critical player in the future of both the semiconductor and green technology industriesWith a strong foundation built on cutting-edge research and a robust technological platform, the company is well-positioned to continue driving innovation and leading the way in the development of next-generation industrial testing solutions
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