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Synlight Crystal

Semiconductors · Baoding, China · Founded 2012

A conductive and semi-insulating substrate manufacturer MoreLess

Hebei Synlight Crystal Co., Ltd., now known as Hebei Tongguang Semiconductor Co., Ltd., was established in 2012 by founder Zheng Qingchao. Zheng, a serial entrepreneur, had prior experience in the power electronics and eco-friendly conservation sectors, which exposed him to the semiconductor materials industry. Recognizing the potential of third-generation semiconductor materials, he ventured into the silicon carbide (SiC) sector to address the domestic reliance on expensive imported electronic components.

The company focuses on the research, development, and production of third-generation semiconductor material, specifically silicon carbide single crystal substrates. Its business model encompasses the entire production process, from powder synthesis and crystal growth to substrate processing and wafer inspection. Synlight Crystal serves a market driven by emerging industries such as 5G communications, new energy vehicles (NEVs), smart grids, and photovoltaic applications. A significant milestone was achieved when Great Wall Motors acquired a stake in the company in late 2021, aiming to secure its supply chain for the rapidly growing EV segment.

Synlight Crystal's core products are N-Type and High-Purity Semi-Insulating (HPSI) SiC substrates, available in 4-inch, 6-inch, and more recently, 8-inch diameters. These substrates are crucial components for manufacturing high-performance electronic devices. For instance, the high-purity semi-insulating substrates are used in high-frequency chips for 5G base stations, while the conductive N-type substrates are essential for power electronics in electric vehicles, significantly enhancing their efficiency and range. The company has a significant production capacity, with facilities capable of producing hundreds of thousands of wafers annually.

A key aspect of Synlight's strategy is its deep integration of research and development through collaborations. The company works closely with the Institute of Semiconductors of the Chinese Academy of Sciences, and has established joint laboratories and an academician workstation, bringing in prominent scientists. This focus on R&D has led to numerous patents and the successful development of larger and higher quality SiC wafers, including an 8-inch sample in 2022. The company has received substantial financial backing through multiple funding rounds, including a significant Series F round, from investors like Shenzhen Capital Group and Great Wall Motor, underscoring strong market confidence in its technological capabilities and growth prospects.

Keywords: silicon carbide substrate, SiC wafer, third-generation semiconductor, power electronics, new energy vehicles, 5G communication, semiconductor materials, crystal growth, substrate manufacturing, N-Type SiC, HPSI SiC, EV components, semiconductor R&D, Hebei Tongguang Semiconductor, Zheng Qingchao, Chinese Academy of Sciences collaboration, SiC single crystal, advanced electronic materials, photovoltaic applications, smart grid components

Company overview

Synlight Crystal company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2012
Headquarters
Baoding, China
Employees
6
Open positions
None listed
Dealroom signal
22.3
business modelManufacturingsectorSemiconductor Designers and ManufacturerssectorSemiconductor MaterialssectorSilicon Carbide (SiC)sectorDT and LSsectorscience-basedindustrySemiconductorsclient focusb2btechnologyHardwaretechnologyDeep Tech

Valuation & funding

Synlight Crystal funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES FOther financing Dec 2023 $206M $825M SDIC Fund Management · Shenzhen Capital Group · Hunan High-tech Venture Capital · Hebei Industrial Investment
FundingOther financing Dec 2021 $0 Great Wall Motors
SERIES DOther financing May 2021 China V Fund Management · BAIC Capital · Broadstream Capital · New Alliance Capital
SERIES BOther financing Dec 2020 $0 Kunlun
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Growth signals

Synlight Crystal website traffic

Latest recorded traffic for Synlight Crystal is 710 monthly website visits, up 373.3% over the last three months. Synlight Crystal's team grew 0% over the past year.

Latest monthly visits710 3-month web change+373.3% 1-year team growth0%
Monthly website visits37 observations · Oct 2022–Jul 2026
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Comparisons

Synlight Crystal compared with similar companies

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Talent graph

Synlight Crystal's talent

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Employees 6 total headcount
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

10 investors on Synlight Crystal's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 1 investor entered at this stage
Kunlun
Series B+ 8 investors entered at this stage
New Alliance Capital
China V Fund Management
BAIC Capital
Broadstream Capital
SDIC Fund Management
Shenzhen Capital Group
Hunan High-tech Venture Capital
Hebei Industrial Investment
Other known 1 additional known investor
Great Wall Motors

Global footprint

Where Synlight Crystal has talent and traffic

Workforce by country
1 countries with
team presence
🇨🇳 China100%
1 country shown

In the news

Latest news about Synlight Crystal

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Market sentiment

What the market is saying about Synlight Crystal

An AI-synthesized read of the highest-engagement posts about Synlight Crystal on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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