CAS Star

CAS Star, established in 2013 and headquartered in Xi'an, China, with an additional office in Beijing, operates as a venture capital investment firm specializing in high-tech industry incubation. The company aims to foster a scientific and technological entrepreneurial ecosystem by connecting research institutions, angel funds, incubators, and entrepreneurship training programs. This comprehensive approach provides structured support for technology entrepreneurs, enabling them to innovate and grow. CAS Star focuses its investments in diverse sectors, including optoelectronic chips, artificial intelligence, aerospace, biotechnology, information technology, new materials, new energy, and intelligent manufacturing.

Mi Lei

Founding Partner and Co-CEO

Past deals in Electronics

Kaifu Optoelectronics

Seed Round in 2025
Kaifu Optoelectronics is an innovative enterprise engaged in mass production of core equipment for efficient and stable perovskite solar cells.

Kingkong.tech

Seed Round in 2025
Kingkong.tech is a Chinese company specializing in the research and development of magnetic encoders, particularly for robotics applications. Their product lineup includes high-resolution encoders such as the MBS, MPT, and DPT series, offering resolutions up to 24 bits and angular accuracies as precise.

Nine Dimension Photonics

Angel Round in 2025
Nine Dimension Photonics is an integrated circuit chip design and service provider.

Prosemi

Seed Round in 2024
Pusenmei is a precision micro-resistance current sensor developer company committed to delivering professional and diverse precision micro-resistance current detecting resistors and circuit protection solutions.

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.

Anchutech

Seed Round in 2024
Anchutech is a technology company that specializes in the development and production of advanced electronic materials. Its primary products include semiconductor cleaning fluids, grinding fluids, and electronic special gas adsorption materials, catering to the electronics industry. The company's core focus is on research and development to ensure high-quality and innovative solutions for its clients.

Xinjuwei Technology

Seed Round in 2023
Xinjuwei Technology is a high-performance signal chain integrated circuit product developer that focuses on R&D, manufacturing, and sales.

Borg Technology

Series A in 2023
Borg Technology is a producer of testing and micromachining tools, with an emphasis on optical and precision optical devices.

Hechaogaozhuang

Seed Round in 2023
Hechaogaozhuang is a high-end equipment precision device manufacturing platform that is based on vacuum electron beam welding technology.

Jiangci Electronics

Seed Round in 2023
Jiangci Electronics is a manufacturer of high-performance piezoelectric ceramics and components.

Su Li Technology

Angel Round in 2023
Su Li Technology is specialized in the new energy material sector that focuses on the research and development, manufacture, and sales of a new generation of lithium battery cathode materials. It offers a number of cutting-edge lithium-rich manganese-based cathode materials as well as low-cost process technologies. Positive electrode materials offered include ultra-high nickel and high nickel with stable product performance and mature preparation technology.

Guangna Development

Seed Round in 2023
Guangna Development is a producer of micro-nano optics technology designed to improve traditional geometric optical display solutions.

Daheng Tiancheng

Series A in 2022
Daheng Tiancheng provides solution for monitoring, construction, simulation and evaluation of complex electromagnetic environment.

Yaoxin Technology

Series C in 2022
Yaoxin Technology is a MEMS sensor chip provider specializing in power devices, smart sensors, and signal chain ICs.

Physim

Series A in 2022
Physim specializes in the development of electronic design system simulation software, electronic design automation software, and multi-physics simulation computer-aided engineering software. The company offers a range of tools, including electromagnetic, electrothermal, stress, magnetic loss, and fluid simulation tools. These products are designed to assist clients in achieving significant technological advancements, particularly in the areas of 3D integration circuits (3DIC) and Chiplet technologies. Physim’s software solutions facilitate comprehensive simulations, enabling engineers and designers to optimize their processes and improve overall performance in electronic design and engineering applications.

ADA Intelligent Equipment

Series B in 2022
ADA Intelligent Equipment focuses on the design and manufacture of advanced semiconductor packaging equipment and automation solutions. The company is known for its high-precision semiconductor die bonders, flip-chip bonders, and ball bonders. Additionally, it produces wafer-level and panel packaging equipment, as well as microLED mass transfer equipment. Through its innovative technology, ADA Intelligent Equipment addresses the evolving needs of the semiconductor industry, providing essential tools for the efficient packaging of semiconductor components.

Weidong Time and Space

Angel Round in 2021
Flicker Spacetime is a manufacturer of spacecraft electromechanical moving parts.

Leuven Instruments

Series B in 2020
Leuven Instruments is a Chinese start-up specializing in semiconductor equipment, with a strong focus on the development and manufacturing of tools for semiconductor etching. The company has established a significant technical expertise in etching processes, particularly in magnetic material etching technology. By concentrating on research and development, Leuven Instruments designs various equipment, including platform etching machines and chemical vapor deposition systems. These innovations aim to improve manufacturing efficiency and enhance the performance of electronic components for its clients.

XinpleTek

Series A in 2020
XinpleTek is a Shanghai-based company specializing in the design and development of radio frequency (RF) front-end modules. The company focuses on RF technology research and provides solutions applicable to various sectors, including mobile communications, Internet of Things (IoT) devices, and intelligent terminals. XinpleTek's products support advanced technologies such as 5G, NB-IoT, and Wi-Fi, aiming to enhance wireless connectivity for users. As a fabless operator, the company is dedicated to creating high-performance, high-quality RF front-end chip modules that facilitate seamless wireless communication across its target markets.

FDMTEK

Angel Round in 2020
Zhongke Benyuan manufactures digital signal processor (DSP) chips. It provides DSP products and solutions for industrial control, renewable energy, electric vehicles, household appliances, rail transit, and other applications.

Sound+

Angel Round in 2018
Sound+ is a Beijing-based company founded in 2018 that specializes in manufacturing electronic components and developing voice processing software. The company produces printed circuit boards, integrated circuits, and amplifiers designed for acoustic devices, which are essential for capturing voice across various distances. Sound+’s technology enables functionalities such as echo cancellation, de-reverberation, sound source localization, and noise suppression. Its products have a wide range of applications, including smart TVs, loudspeakers, kitchen appliances, cars, laptops, mobile phones, and earphones. Additionally, Sound+ offers smart speaker voice front-end solutions and Bluetooth headset voice processing solutions, utilizing advanced algorithms and semiconductor chips to enhance sound processing capabilities.

XINYI Information Technology

Angel Round in 2017
XINYI Information Technology Ltd., established in 2017 with headquarters in Shanghai, China, specializes in designing, developing, and selling system integration and IoT communication chips for the radio frequency simulation industry. Its flagship product is the XY1100 CMOS chip. The company also offers technical consulting services and electronic product development. XINYI operates R&D centers in Shanghai, Nanjing, Chengdu, and Singapore, along with sales offices across China and a supply chain center in Hong Kong. Led by alumni of renowned communication chip companies like Broadcom and Qualcomm, XINYI boasts comprehensive international chip R&D capabilities.

Daheng Tiancheng

Angel Round in 2017
Daheng Tiancheng provides solution for monitoring, construction, simulation and evaluation of complex electromagnetic environment.

YANGZHOU YUAN ELECTRONIC TECHNOLOGY

Angel Round in 2016
Yangzhou Yuan Electronic Technology Co., Ltd. is a technology-driven company based in Yangzhou, China, specializing in the development and manufacture of electronic warfare equipment and electromagnetic test training systems. The company focuses on technological innovation and independent research and development, contributing to defense and security applications. Its product offerings include radar electronic warfare systems, communication electronic warfare solutions, and sophisticated simulation systems for radar and communication countermeasures. Additionally, Yangzhou Yuan has expertise in creating complex electromagnetic environments and possesses independent design capabilities for high-speed signal processing hardware and software, as well as analog and digital communication systems. This military-oriented enterprise is recognized for its rapid expansion and integration of civilian and military technologies.

Lyncon Tech

Angel Round in 2016
Lyncon Tech is a manufacturer specializing in UAV control systems and airborne equipment tailored for the aviation industry. The company develops comprehensive product solutions that integrate sensors, controllers, satellite navigation receivers, radio links, and remote telemetry ground stations. Lyncon Tech also provides machine and simulation testing, ensuring that their systems meet the specific needs of various sectors, including defense and aerospace. In addition to manufacturing, the company offers technical services related to airborne equipment and simulation test equipment, contributing to advancements in the UAV sector and supporting organizations in executing aviation tasks effectively.

DTing

Angel Round in 2015
DTing is a company that specializes in muscle electrical signal sensors and bioelectrical big data analysis solutions. Its flagship product is a gesture recognition wristband that captures user muscle signals and transmits this data to paired devices, allowing for innovative methods of control. By leveraging bioelectrical signals, DTing enhances user interaction with technology, facilitating a more intuitive and responsive experience. The company's focus on the intersection of bioengineering and wearable technology positions it as a pioneer in the development of advanced user interface solutions.

Integense

Angel Round in 2015
Integense specializes in the production of industrial, medical, power management, and infrared sensor chips. The company's solution includes thermal printers, custom asics, power solutions, and other services. This is paired with innovative analog and mixed-signal circuit design to create appropriate solutions for high-volume industrial and consumer applications that deliver world-class performance and superior cost structures.

DASUNG

Angel Round in 2015
Dasung promotes paper display of major intelligent computing devices and focuses on the development of new ambient light reflective display terminals based on turbo brush and algorithm technology. Their products include electronic ink computer display, electronic ink tablet computer, and electronic ink mobile phone display.

Dmams

Angel Round in 2014
Dmams develops and makes electronic guns and integrated control systems. They also develop and makes electron beam additive manufacturing systems, vacuum electron beam welding systems, electron beam smelting systems, and all related application services.

Yingweixin Technology

Yingweixin Technology focuses on the development of optical interconnect (OIO) products and infrared detector products.
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