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Xiaomi Supplier Southchip Raises Nearly Usd46.3 Million In Series D Round To Boost R&D

Aug 16, 2021almost 4 years ago

Amount Raised

$46.3 Million

Round Type

series d

Description

China's Southchip Semiconductor, a startup that counts Xiaomi and Lenovo as some of its clients, has secured nearly CNY300 million (USD46.3 million) in its Series D round of funding, led by Lightspeed China Partners and smartphone giant Vivo Communication Technology.

Company Information

Company

Southchip

About

Southchip, which makes semiconductors to control battery charging, will use the proceeds of the latest fundraiser to double down on product development and talent acquisition, the Shanghai-based company said in a statement today.

FundzWatch™ Score

87
Medium Activity

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