Fundraise

Fujia Gallium Industry Technology raises Series A extension backed by state-level funds

What's the deal? Fujia Gallium Industry Technology has raised over 100 million yuan in a Series A extension, announced in August 2026. The round drew a mix of state-level capital and market-driven institutions.

Who's backing it? New investors include Quzhou Dongfeng, Shanghai KechuangDealroom has a profile for this one. Try Dealroom →, Fuyang Industrial Investment and Yuanchuang Fund. Existing shareholders China Internet Investment FundDealroom has a profile for this one. Try Dealroom → and Zhongke ShenguangDealroom has a profile for this one. Try Dealroom → added to their stakes.

What's the endgame? Fujia Gallium works on industrialising gallium oxide, a wide-bandgap semiconductor material. Its core products include single-crystal substrates, MOCVD and MBE epitaxial wafers, and crystal growth and processing equipment.

Why it matters: The materials serve power devices, microwave radio frequency and photoelectric detection. These are areas where China is pushing to build domestic supply of advanced semiconductor components.

The signal: The backing of a state-level fund alongside market institutions points to strategic interest in wide-bandgap materials. Gallium oxide sits at the frontier of next-generation power electronics, and China is moving to secure a foothold in it.

Image credit: IBM Research

Read more: IT Juzi

Source: dealroom

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