Pailan Kunwei has successively completed two rounds of financing.

36Kr has learned that recently, optical interconnection enterprise "Pailan Kunwei" has completed two consecutive rounds of financing, with the total accumulated financing amount reaching several hundred million RMB. The first round was led by Longqiu Capital (whose LPs are Ruijie Networks and Shanghai Printed Circuit Co., Ltd.) and GGV Capital, while the second round was led by Photosynthetic Venture Capital and Longqiu Capital, with SMIC PES Capital participating as a follow-on investor. Existing shareholders including Jinqiu Fund, Loongson Venture Capital, Tengye Venture Capital, Zhangjiang Haoheng, Shuimu Tsinghua and other institutions continued to increase their holdings after completing the seed round investment at the beginning of this year. Potential Capital has long acted as the exclusive financial advisor for this financing. The raised funds will be mainly used to develop 3D optoelectronic packaging capabilities, purchase wafers and other production capacity resources to meet mass production demands, and build a complete optical I/O R&D team.