Synlight Crystal
Semiconductors · Baoding, China · Founded 2012
A conductive and semi-insulating substrate manufacturer MoreLess
Hebei Synlight Crystal Co., Ltd., now known as Hebei Tongguang Semiconductor Co., Ltd., was established in 2012 by founder Zheng Qingchao. Zheng, a serial entrepreneur, had prior experience in the power electronics and eco-friendly conservation sectors, which exposed him to the semiconductor materials industry. Recognizing the potential of third-generation semiconductor materials, he ventured into the silicon carbide (SiC) sector to address the domestic reliance on expensive imported electronic components.
The company focuses on the research, development, and production of third-generation semiconductor material, specifically silicon carbide single crystal substrates. Its business model encompasses the entire production process, from powder synthesis and crystal growth to substrate processing and wafer inspection. Synlight Crystal serves a market driven by emerging industries such as 5G communications, new energy vehicles (NEVs), smart grids, and photovoltaic applications. A significant milestone was achieved when Great Wall Motors acquired a stake in the company in late 2021, aiming to secure its supply chain for the rapidly growing EV segment.
Synlight Crystal's core products are N-Type and High-Purity Semi-Insulating (HPSI) SiC substrates, available in 4-inch, 6-inch, and more recently, 8-inch diameters. These substrates are crucial components for manufacturing high-performance electronic devices. For instance, the high-purity semi-insulating substrates are used in high-frequency chips for 5G base stations, while the conductive N-type substrates are essential for power electronics in electric vehicles, significantly enhancing their efficiency and range. The company has a significant production capacity, with facilities capable of producing hundreds of thousands of wafers annually.
A key aspect of Synlight's strategy is its deep integration of research and development through collaborations. The company works closely with the Institute of Semiconductors of the Chinese Academy of Sciences, and has established joint laboratories and an academician workstation, bringing in prominent scientists. This focus on R&D has led to numerous patents and the successful development of larger and higher quality SiC wafers, including an 8-inch sample in 2022. The company has received substantial financial backing through multiple funding rounds, including a significant Series F round, from investors like Shenzhen Capital Group and Great Wall Motor, underscoring strong market confidence in its technological capabilities and growth prospects.
Keywords: silicon carbide substrate, SiC wafer, third-generation semiconductor, power electronics, new energy vehicles, 5G communication, semiconductor materials, crystal growth, substrate manufacturing, N-Type SiC, HPSI SiC, EV components, semiconductor R&D, Hebei Tongguang Semiconductor, Zheng Qingchao, Chinese Academy of Sciences collaboration, SiC single crystal, advanced electronic materials, photovoltaic applications, smart grid components
Company overview
Synlight Crystal company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2012
- Headquarters
- Baoding, China
- Employees
- 6
- Open positions
- None listed
- Dealroom signal
- 22.3
Valuation & funding
Synlight Crystal funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES FOther financing | Dec 2023 | $206M | $825M | SDIC Fund Management · Shenzhen Capital Group · Hunan High-tech Venture Capital · Hebei Industrial Investment | ↗ |
| FundingOther financing | Dec 2021 | $0 | — | Great Wall Motors | — |
| SERIES DOther financing | May 2021 | — | — | China V Fund Management · BAIC Capital · Broadstream Capital · New Alliance Capital | — |
| SERIES BOther financing | Dec 2020 | $0 | — | Kunlun | — |
Growth signals
Synlight Crystal website traffic
Latest recorded traffic for Synlight Crystal is 710 monthly website visits, up 373.3% over the last three months. Synlight Crystal's team grew 0% over the past year.
Comparisons
Synlight Crystal compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Synlight Crystal's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Synlight Crystal has talent and traffic
team presence
In the news
Latest news about Synlight Crystal
Recent press, funding announcements, and product moves mentioning Synlight Crystal — open to read from the original sources.
Market sentiment
What the market is saying about Synlight Crystal
An AI-synthesized read of the highest-engagement posts about Synlight Crystal on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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
See Synlight Crystal’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.













