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Lips Semiconductor

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Developing and producing power semiconductor components for new energy vehicles and industrial use

Xuancheng, ChinaFounded 2019Semiconductors
Valuation $50–100M Last recorded · 2026
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Lips Semiconductor and the history behind them.

About Lips Semiconductor

Lips Semiconductor, formally Wuxi Leapers Semiconductor Co., Ltd., is a developer and manufacturer of power semiconductors, focusing on Silicon Carbide (SiC) and Insulated-Gate Bipolar Transistor (IGBT) modules. The company was established in 2019 and is headquartered in Wuxi, China, with a research and development center in Japan and production bases in both Wuxi and Kiryuu, Japan. It was jointly founded by Chinese and Japanese R&D experts, each possessing over 30 years of experience in the power semiconductor field. The company has secured a total of $36.2M in funding across several rounds, with investors including Guolian Investment, HyGoal Capital, New Alliance Capital, and SB China Venture Capital.

The firm's business model centers on the design, manufacturing, and sale of high-reliability SiC and IGBT modules for industrial and automotive applications. These products serve a diverse client base in sectors such as new energy vehicles (NEVs), smart grids, renewable energy (including solar and wind power), industrial motor drives, medical equipment, and uninterruptible power supplies. By providing comprehensive module application solutions, Leapers Semiconductor aims to facilitate the miniaturization, efficiency, and light-weighting of electric drive systems and inverters. In 2023, the company achieved multi-million dollar exports to Europe and North America.

Leapers Semiconductor's product portfolio includes SiC modules, SiC/Si hybrid modules, and IGBT modules. A key feature is the company's patented Arcbonding™ technology, introduced in 2021 as an alternative to traditional aluminum wire bonding. This technology is designed to enhance the reliability of SiC modules for automotive requirements by reducing parasitic resistance and inductance, which in turn lowers static losses and improves power cycling capabilities. The company also utilizes advanced packaging materials like silver sintering for die attach and Si3N4 AMB substrates for better thermal performance. In 2022, the company launched its automotive-grade HPD SiC power modules, a 1200V three-phase water-cooled system optimized for traction inverters. The company has expanded its offerings to include 1400V, 1700V, and 2200V SiC modules to meet increasing bus voltage demands in various applications.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Xuancheng, China
Employees
8
Open positions
None listed
Dealroom signal
88.3/100
Industry
Semiconductors
Sector
Semiconductors, Semiconductor Designers and Manufacturers, Chips and Processors, Semiconductor Materials, Silicon Carbide (SiC), Hard Tech, DT and LS, science-based
Technology
Deep Tech
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Mar 2026 $14M $55M Yangzhou Longchuan Holding Group · Guojin Group ↗
EARLY VC✓Equity / VC Mar 2023 $14M $55M HyGoal Capital · New Alliance Capital · Shanghai Yingjiahui ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Growth signals

Lips Semiconductor website traffic

Latest recorded traffic for Lips Semiconductor is 670 monthly website visits, down 58.1% over the last three months. Lips Semiconductor's team grew 60% over the past year.

Latest monthly visits670 3-month web change-58.1% 1-year team growth+60%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

11 investors on the cap table

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

Series A11 investors entered at this stage

  • Yield Capital
  • CHINT
  • Delian Capital
  • Weibo
  • Richland Capital
  • SB China Capital
  • New Alliance Capital
  • HyGoal Capital
  • Shanghai Yingjiahui
  • Yangzhou Longchuan Holding Group
  • Guojin Group
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇨🇳 China66.7%
🇯🇵 Japan33.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Lips Semiconductor on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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