China circuit board maker JLC raises $129m

Founded in 2006, JLC claims to provide rapid production of high-reliability and cost-effective printed circuit boards (PCBs). The company handles more than 20,000 orders daily, manufacturing 6m PCBs per year with capacity to deliver a PCB prototype in one day. The quality complaint rate is said to be less than 0.23%.

Seeking new ways to improve and shorten the PCB prototyping process is a priority and has included efforts to develop an online ordering system and automated production.

The idea is to improve efficiency for engineers and enterprise customers by modernising the entire industry chain, from launching PCB design software to sales via an online components mall. In 2021, JLC expanded from electronics to machinery.

"JLC represents deep innovation in supply chain based on digital technology. The company provides a one-stop, low-cost, fast-delivery service system for the R&D of millions of electronic engineers around the world, which greatly improves the product iteration speed, and has become the infrastructure of electronic R&D in China and even the world. It is a very rare project with high ceiling, high growth and high barriers.” said Yingchun Zhu, a partner at Bell Capital.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Save this article  
• Send to  

• Topics
• Greater China
• Expansion
• Industrials
• China
• manufacturing
• SDIC Fund Management
• Eastern Bell Venture Capital