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Two rounds of financing in one year, Sitan Technology completed a B2 round of financing of tens of millions of yuan

Recently, Stan Technology has recently completed tens of millions of yuan in Series B2 financing. This round of financing continues to introduce industrial investors, led by Stech, a listed company of A-share intelligent testing equipment, and followed by Guangdong Finance Zhongyin. The total 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.

Sitan 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 the Torch High-tech Zone of Xiamen City. With Stain Semiconductor as the chip design base and Stain Integration as the first-phase production base, the designed annual production capacity will reach 6 million sets of display chips, promoting Micro-LED from pilot trials 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.

Currently publicThe company focuses on AR/XR, the two major automotive business lines and the three major product specifications of 0.13 ”/0.2”/0.45 ”. In the AR/XR product line, this year Stern will first mass-produce a single green 0.13 -inch Micro-LED display, which is compatible with diffractive optical waveguides to meet the needs of AR/XR high-brightness outdoor scenarios; at the same time, the 0.2-inch monolithic full-color display continues to be iteratively upgraded, and it is planned to be mass-produced and shipped next year. In the in-vehicle business line, Stan introduces an innovative white light solution, which is compatible with pixel welcome lights and smart headlights in 0.2-inch and 0.45 -inch products, respectively.

The Stern team values the complementarity of technology R&D, engineering capabilities and commercialization capabilities. Dr. Liu Zhaojun, founder of Sitan Technology, is the inventor of the active drive Micro-LED technology, and under his leadership, he has attracted many outstanding industrialized talents to join, and the team has continued to grow. At the same time, the company attaches importance to cultivating and displaying young talents. So far, the Stan Micro-LED Research Institute has four young leaders, injecting new blood into the company's future development.

Under the trend of fusion of AR and AI technology, AR glasses have become the best carrier equipped with AI large models, and the realization of large-scale mass production of Micro-LED microdisplay technology will help AR/The XR track has taken off and completed the last mile of infrastructure construction, and Stan Technology will work hand in hand with many partners.

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