The equity investment and financing market of the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC) has been booming since the beginning of 2022, with more than 20 local firms receiving more than 2.3 billion yuan ($361.1 million) in funds.

Renowned investors such as Xiaomi, Sequoia Capital and ByteDance continue to pay close attention to Optics Valley of China. For example, Wuhan BSG Tech – a smart manufacturing overall solutions provider – has received strategic investments from Xiaomi; Wuhan HuiYi Tech has received investment from Baochuang Capital; and Wuhan Taileqi Information Technology Co – an internet company committed to the fusion of AI and medical education – has been sponsored by Sequoia Capital.

Wuhan Silicon Integrated Co, also based in OVC, is a high-tech startup company focusing on high-performance mixed-signal IC design. It recently finished its Round D financing.

The new generation of high-performance indirect Time-of-Flight sensor SIF2610 developed by Silicon Integrated. [Photo/WeChat account of Optics Valley of China]

Liu Deheng, founder and CEO of the company, said Silicon Integrated will continue its efforts to attract top talent in the field, stick to multiple product lines, and promote more research and commercialization of acoustic, visual and sensing products.