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.

Lei Mi

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 the quality and innovation of its offerings.

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 development of semiconductor packaging equipment and automation solutions. The company offers a range of products, including high-precision semiconductor die bonders, flip-chip bonders, ball bonders, and wafer-level packaging equipment. Additionally, it provides panel packaging equipment and microLED mass transfer equipment, catering to the evolving needs of the semiconductor industry. Through its advanced technology, ADA Intelligent Equipment aims to enhance efficiency and precision in semiconductor manufacturing processes.

Weidong Time and Space

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

Cowin

Venture Round in 2021
Cowin is a manufacturer based in Suzhou, China, specializing in laser application equipment for the display, PCB, LED, and semiconductor industries. Established in December 2018, the company focuses on developing automatic systems for laser repair, laser cutting, laser stripping, and other laser technologies tailored for panel manufacturing and integrated circuit production. Cowin offers a range of innovative equipment, including precision line maintenance tools for PCBs, LDI systems, and specialized machinery for Mini LED and SiC wafer cutting. By providing precise laser solutions, Cowin supports various segments of the semiconductor industry in enhancing their production processes.

Leuven Instruments

Series B in 2020
Leuven Instruments is a Chinese start-up specializing in semiconductor equipment, primarily focusing on the development and manufacturing of etching technology. The company possesses extensive expertise in semiconductor etching and process development, with a particular emphasis on magnetic material etching technology. Its product offerings include platform etching machines and chemical vapor deposition equipment, which are designed to enhance the efficiency of semiconductor manufacturing processes and improve the performance of electronic components. Through its commitment to research and development, Leuven Instruments aims to provide advanced technological support to its clients in the semiconductor industry.

XinpleTek

Series A in 2020
Xinpletek is a Shanghai-based company specializing in the design and development of radio frequency (RF) front-end solutions. Focused on advancing RF technology, Xinpletek offers a range of products and services tailored for various applications, including mobile phones, Internet of Things (IoT) modules, and intelligent terminals. The company's innovations address key areas such as 5G mobile communications, NB-IoT, and WiFi, ensuring high-performance and reliable connectivity for users. As a fabless operation, Xinpletek is dedicated to research and development, producing high-quality RF front-end chip modules that facilitate seamless wireless connections across multiple sectors.

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 software for voice processing. The company produces printed circuit boards, integrated circuits, and amplifiers that enhance acoustic devices by enabling features such as echo cancellation, sound source localization, and noise suppression. Sound+ offers smart speaker voice front-end solutions and Bluetooth headset voice processing solutions, making its products applicable in a wide range of devices, including smart TVs, loudspeakers, laptops, mobile phones, and earphones. The company's technology leverages advanced algorithms and semiconductor chips to effectively detect and process sounds from various sources.

XINYI Information Technology

Angel Round in 2017
XINYI Information Technology Ltd specializes in the design, development, and sale of system integration and Internet of Things (IoT) communication chips, particularly for the radio frequency simulation industry. The company offers products such as the XY1100 CMOS chip and also provides technical consulting and electronic product development services. Founded in 2017, XINYI is headquartered in Shanghai, China, with additional offices in Shenzhen and Nanjing, as well as a presence in Silicon Valley, California. The company boasts extensive research and development capabilities with centers located in Shanghai, Nanjing, Chengdu, and Singapore, along with sales offices in Xi'an, Chongqing, and Shenzhen, and a supply chain center in Hong Kong. The founding team consists of professionals with experience from leading communication chip firms, including Broadcom, Qualcomm, and Intel, and includes graduates from prestigious universities both domestically and internationally.

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 enterprise based in Yangzhou, China, specializing in the development and manufacture of electronic warfare and electromagnetic test training equipment. The company focuses on technological innovation and independent research and development, catering primarily to defense and security sectors. Its product offerings include advanced systems for radar electronic warfare, communication electronic warfare, and simulation systems for both radar and communication countermeasures. Additionally, the company possesses capabilities in high-speed signal processing, complex microwave systems, and both analog and digital communication systems. Yangzhou Yuan Electronic Technology aims to contribute to military applications while also serving civilian needs, reflecting its commitment to a "civilian-joined-army" approach in its operations.

Lyncon Tech

Angel Round in 2016
Lyncon is a manufacturer specializing in UAV control systems and airborne equipment tailored for the aviation industry. The company offers comprehensive product solutions that include machine and simulation testing, addressing the specific needs of various sectors, including defense and aerospace. Lyncon's UAV flight control systems incorporate advanced components such as sensors, controllers, satellite navigation receivers, radio links, and remote telemetry ground stations. In addition to manufacturing, the firm provides technical services for airborne equipment and simulation test equipment, contributing significantly to the development and advancement of drone technology.

DTing

Angel Round in 2015
DTing specializes in the development of muscle electrical signal sensors and bioelectrical big data analysis solutions. The company has created a gesture recognition wristband that captures user muscle signals. These signals are transmitted to a paired device, allowing users to control their devices through innovative gestures. By focusing on the intersection of bioelectrical data and user interaction, DTing aims to enhance the way individuals engage with technology.

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.
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