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Hurricane Core Technology has recently announced the successful conclusion of its Series B funding round, raising a total of RMB 300 million. The investment was led by a consortium comprising Shenzhen Capital Group, Guoxin Fund, GF Securities, Prosperity Capital, and Hetang Venture Capital. These funds will be strategically allocated towards expanding production capacity at the company's Liuzhou facility, enhancing its small and medium-power product lines, scaling up the market penetration of its high-power products, and bolstering its talent acquisition efforts. Hurricane Core Technology, dedicated to the research and development of gallium nitride semiconductor laser chips, remains steadfast in its commitment to advancing localization efforts within the industry.
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