“Alfaron” recently announced that it has completed Series B financing of over 100 million yuan. The current round was led by the old shareholder Meihua Venture Capital, followed by Deyang State-owned Assets and Ningbo State-owned Investors. The funds will mainly be used for research and development of optical waveguide chips with a large field of view, capacity expansion of the mass production base in Deyang, Sichuan, and industrialization of the optical communication device business.

“Alfaron” recently announced that it has completed Series B financing of over 100 million yuan. The current round was led by the old shareholder Meihua Venture Capital, followed by Deyang State-owned Assets and Ningbo State-owned Investors. The funds will mainly be used for research and development of optical waveguide chips with a large field of view, capacity expansion of the mass production base in Deyang, Sichuan, and industrialization of the optical communication device business.