JCA closes multimillion-yuan Series A round led by Addor Capital

On July 30, Jing Chuang Advanced Electronic Technology (JCA), a semiconductor precision cutting equipment manufacturer, announced the completion of its Series A financing round worth tens of millions of yuan.

On July 30, Jing Chuang Advanced Electronic Technology (JCA), a semiconductor precision cutting equipment manufacturer, announced the completion of its Series A financing round worth tens of millions of yuan.

The round was led by Addor Capital, with participation from existing investors SR Capital and Qianhai Pengchen Investment Management.

Proceeds from this round of financing will be mainly used for product development, production capacity expansion and marketing, among others.

The company had previously received an angel round of investment from SR Capital and Qianhai Pengchen Investment Management.

Founded in 2013, JCA is a high-tech enterprise specializing in the research and development, production and sales of semiconductor level precision cutting equipment.

To date, JCA has successfully developed and mass produced AR3000, AR6000, AR7000, AR8000 series of 6-12 inch precision cutting machines, AR8200, AR9000 series of 12-inch automatic precision cutting machines and series of scribing auxiliary equipment.

The products are suitable for the complex precision cutting of different materials in the semiconductor field, and are widely used in the production of semiconductor integrated circuits, GPP/LED gallium nitride chips, discrete devices, LED packaging, optical communication devices, sound meter devices, MEMS and more.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/08/02/jca-closes-multimillion-yuan-series-a-round-led-by-addor-capital/.

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