MaHui Member Micro LED Maker Vijiu Photonics Closes Nearly 100 Million Yuan Round to Expand Optical Communications Growth Engine
Leveraging Micro LED optical chips' high-speed modulation and low-power characteristics to unlock a second growth curve in optical communications.
MaHui member Weijiu Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Weijiu Optoelectronics") announced that it has officially completed a new round of financing nearing RMB 100 million, with Xinhe Capital, Mr. Peng Qian, Appotronics (光峰科技), and the Beijing E-Town Seed Investment Fund participating as new investors. Existing shareholders Fibonacci Capital and BlueRun Ventures continued to invest across multiple rounds.
Source Code Capital previously participated in the company's angel round.
Accelerating Mass Production and Differentiated Breakthrough
Micro LED is widely recognized in the industry as the optimal technical route for AR glasses micro-displays, but its complex manufacturing process, slow yield ramp-up, and high costs have long constrained commercial adoption. Weijiu Optoelectronics chose the self-developed epitaxy and mass production route, and in just two years completed technology R&D, production line construction, and batch manufacturing — achieving the leap from R&D to mass production. Its product performance metrics are industry-leading, and the company has already begun qualifying with multiple top-tier domestic and international customers, entering mass production and delivery.
On the technology front, Weijiu Optoelectronics' differentiated strategy centers on two points. First, "epitaxy + chip" vertical integration. The Micro LED industry has long faced the "size effect" challenge brought by chip miniaturization, particularly for red light — whose material system sees significantly degraded efficiency during chip scaling, making red epitaxy one of the most widely acknowledged bottlenecks for full-color Micro LED. Through deep collaboration with top-tier domestic equipment vendors, and through proprietary equipment modifications and self-optimized etching and deposition processes, Weijiu Optoelectronics has achieved stable mass production of epitaxial materials and chips, building a vertically integrated "epitaxy + chip" advantage. The company's self-developed epitaxy production line is about to come online, with products covering AR displays, optical communications, and other fields. Second, optical communications. The company has extended its optical chip capabilities from displays to emerging scenarios such as visible light communication, leveraging the high-speed modulation and low power consumption characteristics of Micro LED optical chips to open a second growth curve beyond displays.
From an industry perspective, Micro LED is at an inflection point transitioning from technology validation to scaled mass production, with accelerating integration across upstream materials and equipment, midstream chip manufacturing, and downstream terminal applications. The closing of this new financing round, backed by various industry resources, is expected to further help the company unlock its technological moat and amplify the synergistic value across the entire industrial chain, injecting new momentum into the industry's high-quality development.
