Recently, Leipek Optics (Suzhou) Technology Co., Ltd. successfully closed a fresh round of financing. This round was spearheaded by its existing major shareholder, Biyi Group, and also saw participation from co-investors Suzhou Zhenyi and Lianyou Investment. Earlier in the year, in January, the company had already wrapped up its B+ round of financing, marking this as its second funding round within the same calendar year.

Post-financing, Leipek Optics is poised to expedite the industrialization strategy for its AR geometric waveguide technology. The company aims to scale up its domestic production capabilities and guarantee timely order fulfillment. Established in 2012, Leipek Optics has emerged as a premier provider of AR near-eye display modules. The firm boasts a specialized focus on waveguide display technology and holds intellectual property rights pertaining to geometric waveguide modules. As of now, Leipek Optics has successfully navigated through nine rounds of financing. Armed with proprietary intellectual property and pioneering mass production techniques, the company has attained a production capacity of 1 million units. Additionally, it is set to forge partnerships with enterprises along the supply chain, both upstream and downstream, to bolster the AR industry ecosystem.