Recently, Nuo Shi Technology (Suzhou) Co., Ltd., a developer of Micro-LED display chips, announced the completion of a hundred million yuan Pre-A2 round of financing. This round of financing was led by Leahead Capital, with continued investment from existing shareholders Shengjing Jiacheng, Shanhan Fund, and Jiuhe Ventures. The funds from this round of financing will be primarily used for the construction of Micro-LED display chip production lines and further research and development of Micro-LED chips based on the VSP technology solution.

Established in October 2021, Nuo Shi Technology focuses on the research, development, production, and sales of Micro-LED chips, primarily applied in fields such as AR/VR/MR head-mounted displays (HMD), automotive heads-up displays (HUD), micro-projection, and medium-to-large screen displays. The Nuo Shi team is one of the earliest groups in China engaged in the research and small-scale production of Micro-LED micro-display chips and is the first team in China to deeply integrate integrated circuit manufacturing processes with Micro-LED chip manufacturing. This recent funding round marks Nuo Shi Technology's third round of financing completed within two years, following a series of Pre-A round financing completed in 2022, amounting to tens of millions of yuan.

Nuo Shi's unique VSP technology combines an 8-inch integrated circuit production line, which transforms epitaxial wafers from CMOS driver wafers into Micro-LED arrays using integrated circuit processes. This technological approach results in smaller pixel sizes, making it more suitable for achieving high resolution and pixel density in Micro-LED microdisplays. It represents the optimal solution for rapidly commercializing Micro-LED technology. Within the same technological framework, it is capable of producing both Micro-LED chips and microdisplays simultaneously.

In April 2023, Nuo Shi Technology announced the successful illumination of a 0.12-inch Micro-LED microdisplay, boasting a brightness of several million nits and pixel size of 3.75 micrometers. This microdisplay represents the smallest known VGA resolution microdisplay device globally, marking a significant breakthrough for Nuo Shi Technology in the field of microdisplay chips.

In September 2023, Nuo Shi Technology successfully established the VSP process flow, achieving wafer-level integration of AlGaInP and GaN material systems, and completing the illumination of tri-color stacked engineering dies.

In February 2024, Nuo Shi Technology initiated the construction of its first Micro-LED micro-display chip production line, which, upon completion, will play a significant role in the commercialization of Micro-LED micro-displays worldwide.

 

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