Raytron
镭昱
Raytron (镭昱, also rendered Raysolve) is a semiconductor company building monolithic full-color Micro-LED micro-display chips for AR glasses. Its founder and CEO is Dr. Yongzhang Zhuang , who frames the company's mission as "not just making display chips, but building a 'translator' from the virtual to reality" — delivering micro-display solutions the AR industry can actually adopt at scale . The company marked a key technical milestone in 2022 by lighting up a 0.39-inch monolithic full-color Micro-LED chip, and in early 2025 unveiled its PowerMatch® 1 full-color light engine at just 0.18cc, a record for the smallest full-color light engine, aimed at lightweight AI/AR glasses .
On the funding side, Source Code Capital was the sole seed and angel-round investor, and Raytron announced a tens-of-millions-USD Pre-A round in late 2021 . It has since taken strategic investment from industry players including 韦豪创芯, AAC Technologies (瑞声科技), 37 Interactive Entertainment, and miHoYo, per Gaorong's 2025 profile .
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Coverage
4,000 Exhibitors, 190,000 Visitors: Four Shifts in the Optoelectronics Industry | Yunqi Partners x CIOE 2026
AI Infrastructure Emerges as the Defining Theme at This Year's CIOE (China International Optoelectronic Exposition)
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See further into the future.
Smart Glasses Take Off: How Leiyu Pushes Full-Color Micro-LED Micro-Displays to the Limit to Light Up AR's Infinite Possibilities | Gaorong Future
The world's smallest full-color Micro-LED optical engine lights the spark for a "visual revolution" in smart glasses.
Moment | Raytron's 0.18cc Full-Color Micro-LED Light Engine Redefines the AI + AR Experience With Ultimate Miniaturization
New drug development, energy storage, computing, and semiconductors see breakthrough innovations: homegrown R&D, world-first technologies, and AI-driven advances
Constantly creating new possibilities.
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Major Events of October.
MaHui | Raysolve Successfully Lights Up Monolithic Full-Color Chip, Powering Revolutionary Breakthrough for AR Glasses
Digital therapeutics company IBT无疆科技 announced the completion of its Pre-A+ funding round, with existing investor Source Code Capital continuing to increase its stake.
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AI Chronic Disease Management Platform DeepNaps Announces New Round of Funding in the Tens of Millions of Dollars, Existing Investor Source Code Capital Continues to Increase Stake
In the future, it aims to serve 50% of China's chronic disease patients.
China's Next-Gen Energy Storage System Integrator JD Energy Announces Completion of Series A Funding Round with Source Code Capital Participation
A global innovator in productized energy storage system solutions.
Source Code Capital portfolio company Lingxing announced the completion of a 280 million yuan Series C funding round, with existing shareholder Source Code Capital continuing to increase its stake.
Served more than 100,000 cross-border e-commerce businesses.
Data tech company XSKY closes RMB 400 million Series F funding round with Source Code Capital participation
Data Evergreen
