LightE Tech, a supplier of 3D industrial vision sensors, bagged tens of millions of CNY from Series A financing round, invested exclusively by Broadstream Capital.
LightE Tech, a supplier of 3D industrial vision sensors, bagged tens of millions of CNY from Series A financing round, invested exclusively by Broadstream Capital.
Founded in 2014, LightE Tech focuses on the precision optical inspection with products such as spectral confocal sensors. LightE Tech's point confocal sensors are already in mass production and serve multiple head customers. The line confocal product prototype has been made, and the commercial production version is being developed.
The money will be mainly used for market expansion, new product research and development, and additional working capital.
Liu Jiebo, the founder and CEO of LightE Tech, said that LightE Tech could solve the diffuse reflection and surface mirror material detection technology at the same time, with performance advantages. At present, LightE Tech ranks first among domestic brands in market share.
The global spectral confocal sensor market reached USD 140 million in 2021 and is expected to reach USD 270 million in 2028, growing at a compound annual growth rate (CAGR) of 9.9% (2022-2028). The Chinese market has changed rapidly in the past few years at the regional level.
LightE Tech has two kinds of sensor products, confocal displacement and confocal line displacement, with more than 100 product models. LightE Tech completed mass production of point confocal prototype products in 2019. LightE Tech will continue to develop hyperspectral+AI sensors and optical fiber sensors in the future.
LightE Tech's international competitors include KEYENCE(Japan) and PRECITEC(Germany), and domestic ones include ThinkFocus (Chinese:思显光电技术), Hypersen(Chinese:海伯森技术), and Hongchuan Tech(Chinese:泓川科技).