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Lips Semiconductor
Developing and producing power semiconductor components for new energy vehicles and industrial use
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 dataAt 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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
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.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A11 investors entered at this stage
- YCYield Capital
CHINT
Delian Capital
Weibo
Richland Capital
SB China Capital
New Alliance Capital- HCHyGoal Capital
- SYShanghai Yingjiahui
- YGYangzhou Longchuan Holding Group
- GGGuojin Group
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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