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Chenxian Optoelectronics

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TFT-based Micro-LED development and mass production.

Chengdu, ChinaFounded 2020Semiconductors
Valuation $100–250M Last recorded · 2026
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About Chenxian Optoelectronics

Chengdu Chenxian Optoelectronics Co., Ltd. (VistarDisplay), established in August 2020, is a high-tech enterprise focused on the research, development, production, and sales of TFT-based Micro-LED displays. The company was founded as a joint venture and a division of Visionox to commercialize Micro-LED products, with significant backing from state-owned institutions and government bodies, including lead investor Chengdu High-tech Investment Group. Chenxian Optoelectronics aims to become a global leader in the Micro-LED display sector. The company has made substantial progress in overcoming key technical challenges in Micro-LED production, mastering core technologies such as mass transfer, driver architecture, seamless splicing, and binning technology. It reports a mass transfer yield rate of 99.995% with an efficiency of 10 million LEDs per hour. Chenxian Optoelectronics has filed over 1,215 patents and developed its own mixed-drive integrated circuit for TFT-based displays. A significant milestone was achieved in December 2024, when the company launched mainland China's first mass production line for TFT-based Micro-LEDs, an investment of over ¥4.2 billion. This followed the establishment of the region's first full-process Micro-LED pilot line in 2021. The company's business model centers on the large-scale manufacturing and sale of its Micro-LED products. Its initial mass-produced product is an 88-inch P0.5 TFT-based splicing screen, which can be tiled for large-scale applications. This product features a 99% DCI-P3 wide color gamut, 2000 nits peak brightness, and an ultra-high contrast ratio, targeting the high-end commercial display market. The use of a glass-based TFT backplane allows for advantages in cost and scalability compared to other substrates. The company serves various sectors, including broadcasting, transportation, and public security. In July 2026, Chenxian Optoelectronics completed a Series B financing round of several hundred million yuan, led by CICC Capital, to accelerate mass production and fund research into next-generation display technologies.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
Chengdu, China
Employees
6
Open positions
None listed
Dealroom signal
19.7/100
Industry
Semiconductors
Sector
Semiconductors, Semiconductor Materials, Light-Emitting Diodes (LED), Semiconductor Engineering Equipment
Business model
Manufacturing
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Jul 2026 $28M $110M CICC · Wise Road Capital · Chengdu Science and Technology Venture Capital · CCB Investments ↗
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Investments and acquisitions

Capital deployed

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Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • CICC
  • Wise Road Capital
  • Chengdu Science and Technology Venture Capital
  • CCB Investments
  • Chengdu High-tech Ceyuan Capital
  • Chengdu Better Fund
Employees 6 total headcount
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Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇨🇳 China · Chengdu HQ
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Market sentiment

Posts on X, past 7 days

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