North Ocean Photonics
鲲游光电
North Ocean Photonics (鲲游光电, also referred to as Kunyao Optoelectronics or Kunyou Photonics) is a Chinese photonics technology company developing wafer-level optical products. Per Source Code Capital's 2021 coverage, it raised nearly RMB 400 million in a Series B+ round that attracted CITIC Zhengye Industrial Fund, Yunfeng Capital, Pudong Science and Technology Group's Haiwang Capital, JianXin (Beijing) Investment, Mingshi Capital, Source Code Capital, and Yingrui Capital, with returning backers including Walden International, OrizaFoFs, and Aurora Capital . In late 2025, the company completed a new Series C round jointly led by SDIC XianDao AI Mother Fund and Fortera Capital's Yuanchuang Future Fund, with TCL Venture Capital, BOCOM Capital, and others joining, to scale its wafer-level optical R&D and manufacturing capabilities . Source Code Capital has participated across multiple rounds . The company's Chinese name variations and transliteration inconsistencies in coverage suggest "North Ocean Photonics," "Kunyao Optoelectronics," and "Kunyou Photonics" all refer to the same entity.
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Coverage
MaKe | MaHui Member "Kunyou Photonics" Completes New Series C Funding Round to Accelerate Scaling of Wafer-Level Optical R&D and Manufacturing Capabilities
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