Yuchuang Semiconductor has obtained tens of millions of yuan A + round financing Micro-LED and gan fields have been laid out.

Recently, Yuchuang Semiconductor announced the completion of tens of millions of yuan A + round financing, investors for Junsheng investment.

Krypton news shows that this round of financing funds will mainly be used for new product development and team expansion.

Prior to this, the company also received investment from Holi Capital and Xin Wanda.

It was reported at that time that the A-round financing funds invested by Holi Capital were mainly used for the research, development and testing of MicroLED, OLED driver chips and gallium nitride power management chips.

Yuchuang Semiconductor was founded in 2018, is a display driver and power management IC developer, the group is currently located in Shenzhen, Nanjing, Guangzhou, Hong Kong, Taiwan. The main products include: a variety of display driver chips (TFT, OLED, mini LED, uLED) and power management chip (DC-DC) and so on. In addition, the company also has a layout in the field of gallium nitride.

The team of the company comes from the top three semiconductor companies, with rich R & D and design experience, with an average seniority of more than 15 years. Yu Chuang has obtained dozens of domestic patents, passed ISO9001 certification, and has independent intellectual property rights.

It is reported that in 2020, Yuchuang semiconductor TFT-LCD driver chip products successfully achieved mass production from 0-1, and then from 1 Min N, the product was launched half a year to reach more than 10 million shipments. In addition, its OLED driver chip ER76288 for wearable applications has been mass-produced on a large scale.

It is worth mentioning that in "KPMG China's first 'core technology' cutting-edge enterprise 50 selection", Yuchuang Semiconductor was selected.