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TBSTest Technology
TBSTest Technology is a semiconductor test equipment developer specializing in R&D
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 dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| 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 | ↗ |
Growth signals
Latest recorded traffic for TBSTest Technology is 2.3K monthly website visits, up 379.2% over the last three months.
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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 A3 investors entered at this stage
Walden International- GCGrand Yangtze Capital
- ECElevation China Capital
Series B and later5 investors entered at this stage
Legend Capital- XCXiamen Lianhe Capital
- CCChuhui Capital
- HCHuge Capital
- GGGuangzhou Industrial Investment Group
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about TBSTest Technology 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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