Predict your next investment

Venture Capital
casstar.com.cn

See what CB Insights has to offer

Investments

151

Funds

2

About CAS Star

CAS Star focuses on hard and core technology investment in China, such as AI, aerospace, biotech, chips, new energy, new materials, and more.

CAS Star Headquarter Location

12th Floor, Building 5 Shenzhou Digital Technology Park, High-tech Zone

Xi'an, Shaanxi, 710119,

China

+86 02981151605

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Research containing CAS Star

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned CAS Star in 3 CB Insights research briefs, most recently on May 7, 2020.

Latest CAS Star News

Chinese Leuven Instruments Gets $14M In Series B Round

Apr 22, 2020

April 22, 2020 — 20:37 Leuven Instruments, a Chinese semiconductor equipment start-up, announced that it has raised RMB100 million (US$14.12 million) in a series B round of financing led by CAS Star. Zhongji Investment, Red Star Macalline, C.Domain Capital and Xianghui Capital also poured money into the new round. Proceeds will be used for team building, rapid equipment development and market expansion. Leuven Instruments was established and funded jointly by Belgian Leuven Instruments and Institute of Microelectronics of the Chinese Academy of Sciences in 2015, headquartered in Xuzhou, Jiangsu Province. It has deep technical accumulation in semiconductor etching equipment and process development, especially for magnetic material etching technology. The company creatively proposed the ICP + IBE + PECVD multi-cavity etching technology solution, which combines with its patented online cavity cleaning technology. It is expected to solve the magnetic thin film material etching problems that plague the industry and provide a reliable and economical etching solution for the mass production of MRAM memories. Lu Xiaobao, investment director at CAS Star, believes that memory is the largest segment of semiconductors, accounting for 1/3 of the semiconductor market share. The emerging memory such as MRAM has advantages in power consumption, read-write speed, life, non-volatile, and reliability, and is expected to replace DRAM, or even partially replace SRAM, and become a general-purpose memory type. At present, STT-MRAM has begun to exert its strength in the field of embedded memory. TSMC, Samsung, Globalfoundries and other leading companies have all released embedded STT-MRAM technology. The research and development of SOT-MRAM is progressing smoothly, and it is expected to become a true general-purpose memory. The core difficulty of MRAM lies in the thin film deposition and magnetic material etching, especially the etching of magnetoresistive tunnel junctions, which is the biggest problem that plagues the industry. Leuven Instruments has creatively proposed multi-cavity etching + online cavity cleaning technology, which is expected to be the first to solve the technical bottleneck of MRAM device etching, and provide solutions for the mass production of MRAM memory.

CAS Star Investments

151 Investments

CAS Star has made 151 investments. Their latest investment was in Golytec as part of their Series A on October 10, 2021.

CBI Logo

CAS Star Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/18/2021

Series A

Golytec

$10.88M

No

9

10/15/2021

Series A - II

Juci Technology

Yes

1

10/9/2021

Seed VC - II

China Storage National Energy

$23.26M

No

6

9/6/2021

Series A

Subscribe to see more

$99M

Subscribe to see more

10

9/3/2021

Series B - II

Subscribe to see more

$99M

Subscribe to see more

10

Date

10/18/2021

10/15/2021

10/9/2021

9/6/2021

9/3/2021

Round

Series A

Series A - II

Seed VC - II

Series A

Series B - II

Company

Golytec

Juci Technology

China Storage National Energy

Subscribe to see more

Subscribe to see more

Amount

$10.88M

$23.26M

$99M

$99M

New?

No

Yes

No

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

9

1

6

10

10

CAS Star Fund History

2 Fund Histories

CAS Star has 2 funds, including Beijing Cas Star Hard & Core Technology Venture Investment Fund LP.

Closing Date

Fund

Fund Type

Status

Amount

Sources

5/31/2019

Beijing Cas Star Hard & Core Technology Venture Investment Fund LP

Early-Stage Venture Capital

$136.61M

1

Shaanxi Pilot Photoelectric Integrated Tech Fund

Subscribe to see more

$99M

10

Closing Date

5/31/2019

Fund

Beijing Cas Star Hard & Core Technology Venture Investment Fund LP

Shaanxi Pilot Photoelectric Integrated Tech Fund

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Amount

$136.61M

$99M

Sources

1

10

CAS Star Team

2 Team Members

CAS Star has 2 team members, including current Chief Executive Officer, Lei Mi.

Name

Work History

Title

Status

Lei Mi

Chief Executive Officer

Current

Huitao Cao

President

Current

Name

Lei Mi

Huitao Cao

Work History

Title

Chief Executive Officer

President

Status

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.