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XY Technology

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Focuses on the design, manufacturing and sales of 100G and above optical and electrical chips and silicon photonic integrated technology products

Hangzhou, ChinaFounded 2016Semiconductors
Valuation $100–250M Last recorded · 2020
Total funding $50–100M Disclosed equity funding
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About XY Technology

Hangzhou Xinyun Technology Co., Ltd., operating under the trade name XY Technology, is a high-tech enterprise focused on the semiconductor and optical communication sectors. The company was established in January 2017 in Hangzhou, China, by a team of seasoned professionals, including CEO Xia Xiaoliang, who brought nearly two decades of semiconductor industry experience from firms like Toshiba and Microchip. Another founder, Yu Yongrui, holds a Ph.D. in electrical engineering and is recognized as an early designer of 10G/40G/100G optical communication chips.

XY Technology specializes in the research, development, production, and sales of ultra-high-speed analog signal chain integrated circuits, optoelectronic devices, and sensor products. The firm's business model encompasses the entire industrial chain, from initial design and development to packaging, manufacturing, and sales. This vertical integration allows for flexibility in meeting diverse user application needs. Its core offerings cater to critical national development fields such as cloud computing, high-speed data links, and 5G network construction. The company serves a global client base, with a strong presence in the domestic Chinese market as well as overseas markets including Japan, South Korea, and North America.

The product portfolio includes a comprehensive set of solutions for 100G+ optical modules, featuring high-speed optical devices and a variety of integrated circuits like drivers, transimpedance amplifiers, and microcontrollers. Since starting mass production in 2018, XY Technology has achieved significant milestones. It secured angel financing in December 2017, followed by a substantial Series A funding of nearly 100 million RMB in early 2019 and a Series B round of almost 400 million RMB in September 2020. By 2020, the company had developed over 20 new products and became one of the few enterprises globally to hold a full set of intellectual property rights for complete 100G+ optical module solutions, earning it the status of a "Hangzhou quasi-unicorn enterprise".

Source: Dealroom company data

At a glance

Status
Operational
Founded
2016
Headquarters
Hangzhou, China
Open positions
None listed
Dealroom signal
24.7/100
Industry
Semiconductors
Sector
Semiconductors, 5G, Semiconductor Designers and Manufacturers, Chips and Processors, Photonic Chips and Processors, Photonics Tech, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Oct 2020 $55M $220M Puhua Capital · Haitong Securities · IDG Capital · CICC —
SEEDOther financing Dec 2017 $0 — Puhua Capital ↗
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Growth signals

XY Technology website traffic

Latest recorded traffic for XY Technology is 180 monthly website visits, down 78.3% over the last three months.

Latest monthly visits180 3-month web change-78.3%
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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

4 investors on the cap table

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

Seed1 investor entered at this stage

  • Puhua Capital

Series A3 investors entered at this stage

Team profiled 1 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
🇨🇳 China · Hangzhou HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about XY 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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