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Stan Technology successfully completed the B2 round of financing, totaling more than 150 million yuan

Bysun, keting

May 21, 2024
According to news on May 21, Stan Technology has recently completed a B2 round of financing worth tens of millions of yuan, following the recent completion of the B1 round of financing led by old shareholder CICC Capital and followed by Jivat and old shareholder SAIF Fund. The round of financing continues to introduce industrial investors, led by Stech, a listed company of A-share intelligent detection equipment, and followed by Guangdong Finance Zhongyin. The total amount of Series B financing exceeds 150 million yuan.
The funds raised in this round will be used for the mass production and market development of Micro-LED display chips, while further enriching the company's industrial chain resources.
New milestone in production line
Stan Technology is a national-level specialized and new "little giant" enterprise specializing in the research and development, production and sales of Micro-LED semiconductor display technology. It provides one-stop Micro-LED technical solutions for AR/XR, automotive and other applications. Following the completion of the A+ round of financing in July 2022, Stain will launch its mass production line in Xiamen Torch High-tech Zone, with Stain Semiconductor as the chip design base and Stain Integration as the first-phase production base, with a designed annual production capacity of 6 million sets. Display chips promote Micro-LED from pilot testing to mass production. At present, the Xiamen mass production line of Stan Technology has been fully completed and is expected to be officially mass produced in the second quarter of this year.
思坦科技顺利完成B2轮融资，合计超1.5亿元
New trends in product business
At present, the company is focusing on the two major business lines of AR/XR and automotive and the three major product specifications of 0.13”/0.2”/0.45”. In the AR/XR product line, this year Stain will be the first to mass-produce single green 0.13-inch Micro-LED displays The screen is adapted to diffractive optical waveguides to meet the needs of AR/XR high-brightness outdoor scenes; at the same time, the 0.2-inch single-chip full-color display continues to be iteratively upgraded and is planned to be mass-produced and shipped next year. In the automotive business line, Stanton has launched innovative. The white light solution is available in 0.2-inch and 0.45-inch products respectively adapted to pixel welcome lights and smart headlights.
New integration of shareholder resources
Stan Technology always insists on introducing high-quality strategic partners in each round of financing. There are SMIC Juyuan, Runke Fund (a fund of China Resources Micro), Jevat and Stech in the upper reaches of the industrial chain, as well as Xiaomi Industrial Investment and Sunny Industrial Investment in the lower reaches; among the financial investors, there is Sequoia China , SAIF Fund, CICC Capital, Septwolves Venture Capital, Qicheng Capital, Guangdong Finance Zhongyin and other high-quality shareholders, and also has academic and local government resources such as Xiamen Venture Capital, Xiamen High-tech Investment, and Southern University of Science and Technology Asset Management Company.
New heights of honors and qualifications
At present, the company has applied for more than 700 intellectual property rights in the field of Micro-LED related technologies, of which more than 400 have been authorized. It is a national-level intellectual property advantageous enterprise, and has won many national-level specialized and special new "Little Giant" enterprises. An honorary title. With its independently developed and designed Micro-LED display chip with up to 10,000+ PPI, Stain won the 2024 CES Innovation Award.
New power of talent team
The Stan team attaches great importance to the complementarity of technology research and development, engineering capabilities and commercialization capabilities. Dr. Liu Zhaojun, the founder of Stan Technology, is the inventor of active drive Micro-LED technology. Under his leadership, many outstanding industrial talents have been attracted to join, and the team continues to grow. At the same time, the company attaches great importance to cultivating young display talents. As of now, the Stan Micro-LED Research Institute has 4 young display leaders, injecting fresh blood into the company's future development.
future outlook

With the trend of integrating AR and AI technologies, AR glasses have become the best carrier for the implementation of large-scale AI models. The realization of large-scale mass production of Micro-LED micro-display technology will help the AR/XR track take off and complete the last mile of infrastructure construction. , Sitan Technology will work together with many partners.

Aibang will hold the 5th AR/VR/MR Industry Forum in Shenzhen on June 14, 2024. At that time, Pei Xiaoming, deputy general manager and chief scientist of Stan Technology, will give a wonderful speech. Industry professionals are welcome to participate! Contact person in charge of forum registration: Ai Lu Lu 15817337805 (same as WeChat)

The original article was first published on the WeChat official account (Aibang VR Industry News)：Stan Technology successfully completed the B2 round of financing, totaling more than 150 million yuan

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