Evermin (Suzhou) Material Technology raises 100M yuan Series A
What's the deal? Evermin (Suzhou) Material Technology, a designer of optical communications chips, has raised 100 million yuan (about $14.8 million) in a Series A round. The round drew a mix of state, industry and financial investors, including ABC International HoldingsDealroom has a profile for this one. Try Dealroom →, Chengdu High-tech Ceyuan CapitalDealroom has a profile for this one. Try Dealroom →, 5 Horizons CapitalDealroom has a profile for this one. Try Dealroom →, Fujian Electronics & Information GroupDealroom has a profile for this one. Try Dealroom →, and Jiangning Kechuang GroupDealroom has a profile for this one. Try Dealroom →.
What does it do? Evermin develops cost-effective CMOS and high-performance SiGe optoelectronic chips. Its product line spans 1.25G to 100G, covering laser drivers on the transmit side and transimpedance amplifiers (TIAs) on the receive side.
Where it's used: The chips — including TIAs, CDRs, and laser driver components — serve broadband fibre access, data centres, telecoms, and 5G base stations.
Why now? Evermin plans to use the funds to move its 100G/200G Driver and TIA chipsets into volume production. It will also invest in next-generation LPO, LRO, and NPO technologies, plus advanced optoelectronic packaging.
The signal: Backing from state-linked groups and financial players points to strategic interest in domestic optical chips as demand for data-centre and 5G interconnects climbs.
Image credit: NASA Goddard Photo and Video
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