Delian Capital

Delian Capital, established in 2011 and based in Beijing, China, is an early and growth stage venture capital firm that focuses on tech-driven industries. The firm invests in advanced manufacturing, cutting-edge technologies, and healthcare, with a portfolio that includes companies in robotics, smart manufacturing, semiconductors, artificial intelligence, big data, and enterprise services. Notable investments include YueBoo, Hunan Zhongli, Esafenet, Venus MedTech, MicuRx, Rokae, IMI, and 12 Sigma Technologies. In addition to venture capital, Delian Capital also explores private equity opportunities within these sectors.

Fang Hong

Managing Director

Past deals in Semiconductor

Yitai Microelectronics

Seed Round in 2024
Yitai Microelectronics is an automotive Ethernet chip developer company that specializes on producing high-performance, high-reliability, and low-power automotive Ethernet communication chips and systems.

Akaso Bio

Seed Round in 2024
Akaso Bio is a leader in 3D microfluidic chip technology, dedicated to exploring and expanding new applications of high-throughput microfluidic technology, and becoming an innovative solution provider for high-performance microsphere products.

Daoyi Semiconductor

Seed Round in 2024
Daoyi Semiconductor is a company that specializes in the research and development, manufacturing, sales, and technical support of epoxy plastic encapsulating materials for various semiconductor devices, integrated circuits, power modules, and other electronic packaging.

Pai Rui Semiconductor

Seed Round in 2023
Pai Rui Semiconductor is an integrated circuit design specialist with a focus on high-performance mixed-signal technology. Its main objective is to aid in the quantification of analog signals by use of sub-gate and ultra-high-precision differential delay chains that are independently created.

Jingfei Semiconductor

Angel Round in 2023
Jingfei Semiconductor manufactures semiconductor laser processing equipment. It is primarily concerned with the design, development, and manufacture of laser-related equipment and processes in the semiconductor industry.

Macrotest

Venture Round in 2022
Macrotest is a company focused on the research, development, testing, and marketing of semiconductor equipment. It specializes in creating integrated circuit testing equipment, including high-speed digital, high-voltage high-current analog, mixed-signal, and RF integrated circuits. Additionally, Macrotest develops automated test equipment (ATE) and various test boards, offering comprehensive back-end solutions for the semiconductor industry. The company holds multiple domestic patents and trademarks for its software and hardware innovations, reinforcing its commitment to advancing technology in the semiconductor sector.

Juexin Technology

Seed Round in 2022
Juexin Technology is an entity that designs high-speed optoelectronic chips. Its primary focus is on the development of electrical chips for high-speed optical communications.

Yuntian Semiconductor

Series B in 2021
Yuntian Semiconductor is a semiconductor firm that develops TGV technology, filter wafer-level 3-D packaging technology, and IPD technology.

Lips Semiconductor

Series A in 2021
Lipps is a research and development, production and sales company of power semiconductor components. It can independently design IGBT/SIC, MOSFET modules and IPM module products, and has established a cooperative relationship with Japanese power module packaging factories.

xMEMS

Series A in 2021
Founded in 2018, xMEMS specializes in designing innovative solutions for consumer electronics by integrating advanced methodologies. The company is renowned for its development of a microelectromechanical systems (MEMS) speaker platform that delivers active thermal management for smartphones, SSDs, and datacenter rack servers.

YEESTOR

Series B in 2020
YEESTOR Microelectronics Co., Ltd specializes in the development and sale of memory control chips, focusing primarily on storage controllers. Established in 2007 and headquartered in Shenzhen, China, the company provides a range of products including PCIe SSD controllers, SATA SSD controllers, UFS controllers, eMMC controllers, USB controllers, and security storage controllers. These products are used across various applications, such as data centers, servers, personal computers, smartphones, tablets, smart homes, and the Internet of Things. YEESTOR serves clients that include storage IC companies and module manufacturers, offering technical support and customized solutions to enhance design efficiency and reliability. The company emerged from the merger of SiliconGo Microelectronics and Auspitek and has achieved significant milestones, including cumulative shipments exceeding 700 million units, positioning itself as a leading global supplier in the flash memory controller market.

Lemon Photonics

Series A in 2019
LEMON Photonics Technologies Co. Ltd. is a high-tech company based in Shenzhen, China, founded in 2018 by a team of experienced laser professionals and venture capitalists. The company specializes in the research, development, sale, and industrialization of semiconductor electro-optical devices, modules, and systems. It offers a range of products, including low-power direct diode lasers, fiber-coupled diode lasers, and high-power direct diode lasers, catering to various industrial applications. LEMON Photonics is committed to advancing laser technology through its innovative solutions in the electro-optical sector.

Archiwave Micro

Series A in 2019
Anqiwei Microelectronics was incorporated in July 2015 to focus on the development of high-performance RF microwave integrated circuits and module products based on silicon germanium SiGe BiCMOS, silicon-on-insulator SOI-CMOS and bulk silicon CMOS processes. Dr. Lu Jianhua, the founder of the company, received his Ph.D. from the University of California, Los Angeles (UCLA) and has been involved in RF and microwave integrated circuit design and product development in California. His products have won the ECN Impact Award. And Microwave Journal Best Product, and published the IEEE JSSC paper and several US patents as the first author. Several other core co-founders are top RF RF chip and system experts in the country and have accumulated decades of industry experience.
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