Dongguan Sci Tech Innovation Group released it on July 20, 2022, and authorized to reprint it.
Recently, Dongguan Pepper Gray Technology (PGT) announced the official completion of a Pre-A round of financing worth tens of millions of yuan. This round of financing is led by Songshan Lake Angel Fund, with partners including venture capital firm Shenzhen Rice Venture Capital and listed companies from the semiconductor, high-end equipment, and optical communication industries and their founding team members. The raised funds will mainly be used for the process development, production line construction, and mass import of high-power industrial laser chip heat sinks, and to achieve comprehensive localization of laser heat sinks for customers.
PGT was established in August 2021 and officially joined the Songshan Lake International Innovation and Entrepreneurship Community in January of this year. It is a high-tech startup company that provides high-power industrial laser chip heat sink and overall heat dissipation solutions. The founder of the company has served as a senior executive at IBM, DJI, Xinwangda, and Chuangxin Laser, with rich practical experience and profound understanding in connecting upstream and downstream resources of the laser industry chain, gathering talents, cultivating teams, and enterprise operation management. At present, high-power laser chip heat sinks are monopolized by foreign industry giants such as Kyocera, Maruwa, Hitachi, etc. PGT is committed to becoming an indispensable provider of high-power chip heat dissipation solutions in China, breaking the technology blockade and product monopoly of overseas enterprises. The company's first industrial laser chip heat sink product has been tested by domestic first-line laser customers and its performance has reached the international leading level. Currently, it is in the process of small-scale production. After completing this round of financing, the company will accelerate the introduction of high-end technical talents and accelerate research and development iterations around the core technology of laser heat sink products, further accelerating the pace of domestic substitution.