A leading enterprise in core particle beam source devices affiliated with Shanghai Jiao Tong University secures tens of millions in Series A financing, overcoming domestic bottlenecks in electron source technology | Exclusive from Yingke

Hard Krypton has learned that "Shunjing Technology", a high-tech enterprise focusing on the supply of core particle beam source devices, has completed a Series A financing of tens of millions of yuan. We have summarized the information of this round of financing and several highlights of the company:

1.   Financing Amount and Investment Institutions

Financing Round: Series A

Financing Scale: Tens of millions of yuan

Investors: Futeng Capital led the investment, followed by Xiaomiao Langcheng and Shenzhen Capital Group.

Use of Funds: New product R & D and production capacity upgrade

2. Basic Information of the Company

Establishment Time: December 2024

Registration Location: Shanghai

Technological Highlights: The company is committed to being driven by independent technology and focuses on providing various high - end particle beam sources, supporting devices, and relevant product solutions. It is a rare domestic manufacturer with the ability to research, develop, and industrialize core sources.

Its core advantages include but are not limited to:

(1) Forward - self - developed core particle beam source devices, fully independently controllable;

(2) The electron source products, which are independently controllable core components, have reached the mass - production stage;

(3) It has been verified and recognized by top customers in both the electron microscopy and semiconductor industries, and also has the ability to cooperate with customers in customized development.

3. Market Prospect

Given the increasing requirements for precision in multiple high - tech industries, traditional optical devices can no longer meet the technological needs of precision devices in the R & D, production, measurement, and quality inspection processes. New electron sources, ion sources, and radiation sources will be widely used in chip manufacturing, nanotechnology, quantum computing, new material R & D, aerospace, life sciences, etc., and are core components in relevant fields. Particle beam source devices are equivalent to the Hubble Telescope in the microscopic world, which will change the way of scientific observation and world improvement.

4. Company Products

Benefiting from the development of industries such as chips, new energy, and biomedicine, the demand for electron sources has increased significantly. The performance of the company's electron sources can be comparable to that of overseas company Denka (which basically does not provide customized development services in China), and it has obtained mass - production recognition from leading customers such as Guoyi Quantum and Zeyou and formed sales orders. In addition, the company continues to focus on the semiconductor measurement and inspection equipment market, and its electron source products have been tested and recognized by multiple products of several leading semiconductor equipment enterprises.

5. Technical Source and Founder's Background

The technical origin of the company can be traced back to the profound accumulation of the Institute of Information Materials in the School of Materials Science and Engineering at Shanghai Jiao Tong University in the field of materials physics. It clearly depicts the particle dynamics process of nanomaterials under the action of multiple physical fields. Relevant achievements have not only been published in top - tier journals such as Nature and Science but also laid the possibility of technological breakthroughs at the scientific level. It is the founder Yang Rui and his team with a background from Shanghai Jiao Tong University who truly promoted this "choke - point" technology to industrialization.

The founder Yang Rui has rich experience in technological entrepreneurship and industrialization. He led Shunjing Technology to achieve the leap from laboratory samples to mass - produced products. He has long been active in the front - line industrial market and has market development capabilities and strong market sensitivity.

6. Q&A with the Founder

Hard Krypton: What was the reason for you to choose to establish "Shunjing Technology" at the end of 2024?

Yang Rui: First of all, China itself faces the problem of being "choked" in the field of high - end electron sources, and the demand for domestic substitution is clear. Secondly, domestic semiconductor electron beam lithography equipment and high - end measurement and inspection equipment (such as CD - SEM, DR - SEM, etc.) are also gradually rising. From a market perspective, it has also reached the stage where source devices need to be domesticated. Based on the long - term research foundation of the founding team in the field of particle beam sources, among which the electron source has met the conditions for industrialization, so we jointly founded this company.

Currently, the company has the first domestic mass - production line that can produce high - end field - emission electron source products from single - crystal tungsten raw materials. The main application scenarios include: (1) In the field of semiconductor measurement and inspection, such as high - precision observation equipment like CD - SEM and scanning electron microscopes, as well as electron beam lithography (electron beam processing) equipment; (2) In the field of scientific research electron microscopes, as the core emission source of various scientific research electron microscopes (such as scanning electron microscopes, transmission electron microscopes, and cryo - electron microscopes).

Hard Krypton: Where is the core barrier of "Shunjing Technology"?

Yang Rui: The company's core technological advantages are mainly reflected in two " atomic - level " manufacturing thresholds. It has broken through the atomic - level tip shaping and control technology and the single - atomic - layer zirconia control technology, realizing the mass production of high - performance Schottky thermal field electron sources.

The various parameter performances of our products have reached the level of overseas leading brands. In addition to producing standard products, another major advantage of ours is the ability to provide non - standard customized development for domestic leading enterprises, which is also difficult for overseas manufacturers to achieve.

Hard Krypton: What are the next development goals of "Shunjing Technology"?

Yang Rui: Currently, we have received wide recognition from the electron microscopy industry represented by Guoyi Quantum and several well - known semiconductor equipment companies and have entered the order delivery stage. Next, in addition to continuing to focus on front - end equipment, we will also pay attention to the existing stock market. At the same time, we will also have products coming out in the two directions of ion sources and radiation sources.

7. Views of Investors

Futeng Capital said: Shunjing Technology, with its exclusive self - developed high - end electron source and radiation source R & D technology, has filled the gap in the high - end particle beam "lamp wick" in the domestic market. With the efficient execution ability of the team, the company's core products such as Schottky thermal field electron sources and micro - focus X - ray sources are gradually entering the equipment supply chains of fields such as semiconductor detection, high - end electron microscopes, and high - end X - ray tubes. We are optimistic about Shunjing's technological leading advantage and engineering implementation ability in the vast blue ocean of high - performance particle beam domestic substitution. As the upgrading of electron microscopes and X - ray tube products to high - end accelerates, the demand for the autonomy and controllability of domestic equipment becomes more urgent. Shunjing's core component products will become one of the core supports for high - end equipment manufacturing, bringing key assistance to the independent development of the core industries of the real economy and the stability of the supply chain.

Xiaomiao Langcheng said: Shunjing Technology is currently the only Chinese enterprise in the domestic market that has achieved mass - production supply of core components of third - party particle beam sources. With its exquisite technological process and rich scene practice experience, Shunjing Technology has successfully entered the supply chain systems of several domestic leading semiconductor equipment enterprises, and the reliability and practicality of its products have been fully verified in real application scenarios. Xiaomiao Langcheng has been deeply involved in the semiconductor field for many years, and Shunjing Technology is an important layout for us in the upstream core link of the semiconductor industry chain. We are highly optimistic about the technological leading advantage and engineering implementation ability of the Shunjing team in the wave of domestic substitution of semiconductor equipment, and it is expected to enter the top camp of the industry in the short term. With the rapid rise of China's semiconductor industry in the global market, Shunjing Technology's core products will effectively fill the gaps in the key links of China's nano - scientific research, semiconductor production, and measurement processes, providing strong support for the realization of a complete - chain closed - loop of domestic semiconductor equipment. At the same time, nanomaterials, nano - scale observation, and nano - scale processing have always been the tracks that Xiaomiao Langcheng pays attention to, and they are also important technological spill - over fields for Shunjing Technology in the future.