BlueRun Ventures Leads A++ Round Exceeding 100 Million Yuan for JiKe GuangHe | BlueRun Ventures

Recently, thin-film lithium niobate IDM company Jike Photonics announced the completion of its Series A++ round of over 100 million RMB, led by BlueRun Ventures. Follow-on investors include industry players such as Innolight (Hechuang) and Yuanjie Technology (Guangxin Light Source), as well as Dingxin Capital, Yunhui Capital, and Xihao Capital. Existing investors Lanpu Capital and Yuntong Intelligence also increased their stakes. The proceeds will primarily fund the development and mass production of standardized thin-film lithium niobate devices.

Founded in 2019, Suzhou Jike Photonics Technology Co., Ltd. focuses on the R&D and application of thin-film lithium niobate IDM platforms. At the critical etching step, the Jike team employs specialized micro-nano processing techniques to achieve exceptionally smooth waveguide sidewalls, solving a pain point that has historically hindered industrial-scale manufacturing. The team's leading high-speed device design capabilities and scalable high-quality processing have driven the mass production and commercialization of high-speed optical chips. As large language models drive rapid growth in computing networks, the company is poised to deliver even greater value in the era of higher-speed optical interconnects.

Today, the limitations of electronic technology are becoming increasingly apparent, while photonic materials — as enablers of the next information technology revolution — hold immense application value. Among known optical materials, lithium niobate stands out for its exceptional electro-optic effect, extremely low optical loss, and high material stability, making it a core material for optical R&D. In the optical communications industry chain, China's development in downstream communications equipment is relatively comprehensive. However, in upstream optical and electrical chip manufacturing, the domestic substitution rate remains below 10% — a "chokepoint" issue in China's semiconductor sector with a significant gap compared to international benchmarks. Jike Photonics aims to apply high-end optical communications chips and laser sensing chips to high-speed optical communications, wearable devices, automotive industry, and other fields through the industrial manufacturing of thin-film lithium niobate.

As a domestically leading and globally competitive thin-film lithium niobate IDM enterprise, Jike Photonics will play an important role in China's innovation-driven high-quality development and in tackling "chokepoint" challenges in high-precision fields. Guided by the innovation strategy of "injecting new momentum into economic development through new quality productive forces," the company will contribute substantively to China's high-quality economic growth. Going forward, thin-film lithium niobate photonic chips — with their ultra-low optical loss and rich photoelectric properties — are expected to demonstrate even greater application value in optical communications, optical sensing, optical computing, and other domains, becoming a key force driving future industrial technology revolutions.

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