LuminWave Completes First Tranche of Series B1 Financing

　　ICC Information News -- LuminWave, a provider of silicon photonics chip technology, recently announced that it has secured strategic investment from Beijing Optoelectronic Convergence Industry Investment Fund and completed the first tranche of its Series B1 financing round. The funds raised will be precisely allocated to LuminWave’s core business segments, driving in-depth R&D of LiDAR products, expanding market presence, steadily increasing production capacity, and ensuring robust customer supply chain support, all of which lay a solid foundation for the company's continuous growth.

　　In August 2020, LuminWave secured an angel round of funding amounting to tens of millions of yuan, led by Sinovation Ventures with FollowFuture Capital participating. The proceeds were primarily used for the development of pure solid-state imaging-grade LiDAR chips and modules based on silicon photonics. At the beginning of 2025, the investment collaboration between Beijing Electronics Holding and LuminWave marks a powerful alliance grounded in mutual value recognition. LuminWave holds Beijing Electronics Holding in high regard for its profound insight and strategic foresight in silicon photonics integration, 3D sensing, and autonomous driving. Beijing Electronics Holding expresses confidence in LuminWave's founding team, cutting-edge technology, and premium products while maintaining an optimistic outlook on the broad prospects of the LiDAR market and anticipating the company's potential for future growth.

　　Founded in 2018 with headquarters in Hangzhou and advanced technology centers in Xi'an and Los Angeles, USA, LuminWave is a high-tech enterprise dedicated to the research and development, manufacturing, and sales of LiDAR 3D perception technology. Led by seasoned experts from MIT, the company has been deeply involved in silicon photonics research and commercialization for over two decades, amassing rich experience in silicon photonics chip design and mass production. Leveraging its proprietary silicon photonics chip technology, strong software and hardware development capabilities, and advanced 3D perception algorithms, LuminWave is committed to providing leading FMCW (Frequency-Modulated Continuous-Wave) LiDAR and 3D perception products and solutions to the global market, steering the industry towards new frontiers.