Hangzhou Puxi Guangjing Semiconductor Technology Co., Ltd.

Founded in 2020 and already profitable, Tsinghua-affiliated Hangzhou Puxi Guangjing Semiconductor Technology Co., Ltd. has raised a Series C of tens of millions of dollars (hundreds of millions of yuan). New investors include Zhejiang Jiahe Changyue, Chengdu Innovation Venture Capital Co., Ltd., Shanghai Semiconductor Equipment and Materials Industry Investment Fund, Shandong Caijin Fund, and Guizhou Guochuang; no lead investor was named. The capital will fund gallium oxide chip iteration, 230°C high-temperature chip module capacity, high-temperature robot joints, and preliminary research on space computing and fusion power supplies. The company posted 2025 revenue of $33M (RMB 230M).