Chip-driver maker Spectrum Optics raises hundreds of millions of yuan in Series C
What's the deal? Hangzhou Spectrum Optics Semiconductor Technology has closed a Series C round worth several hundred million yuan, the third-generation semiconductor developer announced in September 2026.
Who backed it? The round drew about 10 state-owned and industrial investors. New backers include Zhejiang Jiahe Changyue, Chengdu Innovation Venture CapitalDealroom has a profile for this one. Try Dealroom →, the Shanghai Semiconductor Equipment and Materials Industry Investment Fund, Shandong Caijin fundsDealroom has a profile for this one. Try Dealroom →, and Guizhou Guochuang.
What does it do? Spectrum Optics builds driver systems and modules based on third-generation semiconductor materials such as silicon carbide. Its products target uses with very high reliability demands, including electric-vehicle power control modules.
The signal: The heavy presence of state and industrial capital reflects China's push to secure domestic silicon carbide supply for its growing EV sector, a segment where reliability and local sourcing carry strategic weight.
Image credit: Generated with Gemini
