Core Vision, a Direct-Investment Enterprise of Venture Capital Group, Completes C+ Round Financing of Several Hundred Million Yuan
Recently, Nanjing Core Vision Microelectronics Technology Co., Ltd. (hereinafter referred to as "Core Vision"), a direct-investment enterprise of the Venture Capital Group, has completed a C+ round of financing worth several hundred million yuan.
This round of financing is led by China Reform Fund, with the participation of institutions including Nanjing Venture Capital Group and Jushi Venture Capital. The funds will be mainly used for technological R&D iteration, market expansion, and the promotion of mass production of automotive-grade products.

Founded in 2018, Core Vision has assembled an international team of technical experts with over 15 years of industry experience. It holds a leading position in the field of Single-Photon Direct Time-of-Flight (SPAD dToF) technology, standing as one of the pioneering enterprises globally to conduct research on single-photon dToF 3D imaging technology. It is also China’s first enterprise to achieve large-scale mass production and commercialization of single-photon dToF chips. Relying on chip-level photoelectric conversion device design and single-photon detection imaging technology, Core Vision is committed to developing 1D and 3D ToF sensor chips based on single-photon detection. Its dToF sensors, boasting advantages such as high precision, low power consumption, and strong anti-interference capability, are widely applied in consumer electronics fields including sweeping robots, drones, smartphones, smart glasses, and smart homes, as well as in autonomous driving lidar systems.
Mou Min, General Manager of the Second Investment Department of the Venture Capital Group, stated: "With the escalating demand for fast-response, low-power-consumption, and high-precision environmental perception in fields such as consumer electronics, robotics, and intelligent automobiles, the 3D perception industry represented by dToF is accelerating its development. Core Vision possesses the industry-scarce capability of highly integrated dToF chip design in the technical field and has mastered two key technologies: single-photon dToF optical SiP (System-in-Package) packaging and optical testing & calibration. In terms of commercialization, the company has led the technological upgrading of distance sensing for sweeping robots; its 1D dToF products supplied to top-tier smartphone clients have pioneered the domestic market; and its BSI (Back-Side Illuminated) 3D dToF chips have been successfully applied in flagship smartphones of leading brands. In 2025, the commercialization process of Core Vision’s product line is expanding from basic optical sensing applications to multiple fields of machine 3D vision. This time, the Venture Capital Group has invested tens of millions of yuan in Core Vision using multiple funds under its management, including the Nanjing Advanced Manufacturing Fund of Funds, the Bank of Communications AIC Fund, and the Talent Fund. This investment is based on our optimism that Core Vision will become an industry leader in the field of optical sensors in the future."
Source: Guo Shaobin, Second Investment Department
Review: Xue Yao
Release: You Yi