BYD-backed round lifts Chinese IC maker AaltoSemi's total fundraising to $351m
China’s AaltoSemi, a developer of integrated circuit (IC) substrates, has secured a new investment from investors including BYD.
Source: dealstreetasia.com
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China’s AaltoSemi, a developer of integrated circuit (IC) substrates, has secured a new investment from investors including BYD.
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Previously, Qitan raised 400 million yuan ($63 million) in a Series B round.
The Series D comes less than a year after the completion of its $114.6m Series C round.
The round was led by PE investment firm Kingray Capital and Gree Financial Investment.