MaHui Member Lexin Technology Completes Hundreds of Millions of Yuan in Series A+ Funding

Recently, MaHui member Lexin Technology announced the completion of its Series A+ funding round, raising several hundred million RMB. Lexin Technology focuses on providing globally leading-performance optical communication chips for the industry. The proceeds from this round will fully advance mass production across its entire product line and support ongoing R&D and commercialization of innovative industry solutions. Source Code Capital was an investor in Lexin Technology's Series A round.

Founded in 2020, Lexin Technology is a high-speed optoelectronic chip design company specializing in 400G-800G high-speed optical module electrical chips. In the optical communications space, it has developed several commonly used electrical chips including TIA (transimpedance amplifiers), CDR (clock and data recovery circuits), and Drivers — components that facilitate the conversion between electrical and optical signals, with end applications in data centers, coherent optical communications, 5G, and fiber-to-the-home. For the consumer market, Lexin Technology has also introduced HDMI (video interface) chips for video data applications.

The company has established a complete optoelectronic testing line capable of module-level system testing. Its verification team can provide timely feedback to the R&D team on performance and process deviations, enabling rapid chip performance improvements.

Lexin Technology's founding team largely hails from internationally renowned manufacturers, with years of experience in optoelectronic chip development. On the commercial front, multiple products have already entered the supply chains of major global players. As of March 2022, the company completed its Series A round, with core shareholders including top-tier funds such as Walden International, China Fortune-Tech Capital, and Source Code Capital.