CAS Star

Founded in 2013, CAS Star is a venture capital firm based in Xi'an with an additional office in Beijing. It invests in and supports early-stage companies across various high-tech industries including optoelectronics, AI, biotechnology, aerospace, smart manufacturing, information technology, energy, oncology, advanced manufacturing, SaaS, and space technology.

Mi Lei

Founding Partner

Past deals in Nanotechnology

Xinfeng Technology

Venture Round in 2025
Xinfeng Technology is a developer and manufacturer specializing in the production of new functional materials tailored for photoelectric, acoustic, and thermal applications. The company is particularly noted for its diamond electrodes designed for the semiconductor industry. Xinfeng Technology emphasizes research and development, leveraging advanced vapor deposition technology to create high-quality semiconductor materials. In addition to its focus on semiconductor applications, the company also offers ecological health materials and functional materials that cater to various industrial needs. Through its innovative approach, Xinfeng Technology aims to provide advanced solutions that enhance performance in multiple sectors.

Tanrand Technology

Angel Round in 2023
Tanyuan Technology, established as a high-tech enterprise, specializes in the research, development, production, and sales of carbon nanotube macroscopic materials. Its primary focus is on manufacturing these materials for application in aerospace, oil exploration, and new energy vehicle production. The company's products are renowned for their exceptional thermal, mechanical, electrical, optical, and other high-performance properties, enabling clients to achieve materials with superior thermal, electrical, and weight-saving characteristics.

Guangna Development

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

Saphlux

Series B in 2022
Saphlux, Inc. is a company based in New Haven, Connecticut, that specializes in the development, production, and commercialization of advanced semi-polar gallium nitride (GaN) materials. Founded in 2014, Saphlux addresses critical challenges in LED and laser technology, specifically targeting droop and green gap issues. The company offers semi-polar GaN templates in various sizes and is known for its innovative quantum dot (QD) technology integrated into micro-LED solutions. Saphlux designs and manufactures micro-LED chips and micro-display modules, including the NPQD R1 chip for public information displays and the NPQD T1 micro-display for augmented reality glasses. With a focus on enhancing output power and performance while reducing costs, Saphlux operates on a global scale, serving markets in the United States, China, and Japan.

Coolyuan

Series A in 2022
Coolyuan is a technology company that offers quantum technology products.

Planck Innovation

Series A in 2021
Pulang Innovation is a semiconductor quantum dot light-emitting material and equipment developer, focusing on the research and development, production and sales of semiconductor quantum dot light-emitting materials, new quantum dot displays and semiconductor thin film process equipment. The company has quantum dot material research and development, synthesis, and production capabilities. It has core technology. The unique quantum dot coating technology solves the key problem of insufficient stability of quantum dot materials. The quantum dot optical film products produced by the company are in thickness (ultra-thin), Stability, edge failure, color gamut and other key indicators are in a leading position in China. The innovation of the wave makes the application of quantum dot technology in portable display devices a possibility.

NepQD

Seed Round in 2018
NepQD is a biological product company located in Jiangsu, specializing in the development and manufacturing of diagnostic devices and products. The company focuses on utilizing high fluorescence efficiency and biocompatible quantum dot materials as its core patented technology. This innovative approach enhances the sensitivity and accuracy of its diagnostic devices, positioning NepQD as a key player in the field of medical diagnostics. Through its commitment to advancing diagnostic capabilities, NepQD aims to contribute significantly to healthcare solutions.

Saphlux

Series A in 2017
Saphlux, Inc. is a company based in New Haven, Connecticut, that specializes in the development, production, and commercialization of advanced semi-polar gallium nitride (GaN) materials. Founded in 2014, Saphlux addresses critical challenges in LED and laser technology, specifically targeting droop and green gap issues. The company offers semi-polar GaN templates in various sizes and is known for its innovative quantum dot (QD) technology integrated into micro-LED solutions. Saphlux designs and manufactures micro-LED chips and micro-display modules, including the NPQD R1 chip for public information displays and the NPQD T1 micro-display for augmented reality glasses. With a focus on enhancing output power and performance while reducing costs, Saphlux operates on a global scale, serving markets in the United States, China, and Japan.
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