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TBSTest Technology

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TBSTest Technology is a semiconductor test equipment developer specializing in R&D

Dongcheng District, ChinaFounded 2018Semiconductors
Valuation $500M–1B Last recorded · 2024
Total funding $50–100M Disclosed equity funding
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About TBSTest Technology

TBSTest Technology, officially registered as Hefei TBSTest Technology Co., Ltd. and also known as Yuexin Technology, operates as a specialized developer and manufacturer of automated test equipment (ATE) for the integrated circuit (IC) industry. The company was established in February 2017 by founder and Chairman Zhang Yue, a professional with nearly two decades of experience in the high-end IC ATE market, including roles involving major global players like Teradyne and Advantest. His background in managing system R&D, production, and supply chains informed the company's direction to address the gap in domestic high-end testing equipment in China.

The firm's business is centered on the research, production, and sale of large-scale IC test equipment. Its client base includes IC design companies, manufacturing enterprises, professional chip packaging and testing facilities, and scientific research institutes. Revenue is generated through the sale of its testing systems and a suite of related services, including customized equipment maintenance, original factory parts, technical training, software upgrades, and application development. Headquartered in Hefei, the company has a global footprint with R&D centers and branches in multiple Chinese cities like Beijing and Shanghai, as well as internationally in the US and South Korea.

TBSTest's product portfolio is designed to compete with established international suppliers. Its flagship SOC (System-on-Chip) test system, the T800 series, provides high-speed digital and large-scale SOC testing capabilities. By September 2021, the company had already delivered its 100th T800 unit, indicating market acceptance. The T800 platform has evolved into a series (T800A, T800B, T800C, T800D) to cater to different testing scenarios. The company has also developed the TM8000 series for memory chip testing (including LPDDR, DDR4, DDR5) and the TP series for power semiconductor (IGBT) testing, effectively filling a void in the domestic Chinese market for such high-end equipment. The company has demonstrated consistent growth, securing multiple funding rounds, including a significant strategic financing of over 500 million RMB in June 2022 and a subsequent D-round in late 2024/early 2025.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2018
Headquarters
Dongcheng District, China
Open positions
None listed
Dealroom signal
23.7/100
Industry
Semiconductors
Sector
Semiconductors, Hard Tech, DT and LS, science-based
Technology
Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES COther financing Dec 2024 — $715M Chuhui Capital · Huge Capital · Legend Capital · Guangzhou Industrial Investment Group ↗
LATE VCOther financing Jun 2022 $69M $275M Legend Capital ↗
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Growth signals

TBSTest Technology website traffic

Latest recorded traffic for TBSTest Technology is 2.3K monthly website visits, up 379.2% over the last three months.

Latest monthly visits2.3K 3-month web change+379.2%
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Similar companies

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Investments and acquisitions

Capital deployed

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

Investors

8 investors on the cap table

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

Series A3 investors entered at this stage

Series B and later5 investors entered at this stage

  • Legend Capital
  • Xiamen Lianhe Capital
  • Chuhui Capital
  • Huge Capital
  • Guangzhou Industrial Investment Group
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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
🇨🇳 China · Dongcheng District HQ
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Market sentiment

Posts on X, past 7 days

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

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

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